Saint Vincent and the Grenadines
On this page you will find beneficial information regarding foreign direct investment in / trading with Saint Vincent and the Grenadines. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 103,948 (2022)
GDP: 948.5 million USD (2022)
Corporate Tax Rate: 28%
Personal Income Tax Rate: 15%
Major Exports: Refined Petroleum ($28M), Recreational Boats ($13.4M), Molluscs ($5.5M), Tug Boats ($5.16M), and Wheat Flours ($4.82M), exporting mostly to Malaysia ($27.8M), United States ($8.14M), Greece ($7.79M), Barbados ($6.84M), and Spain ($5.19M).
Major Imports: Refined Petroleum ($59.2M), Poultry Meat ($17.1M), Passenger and Cargo Ships ($12.7M), Raw Sugar ($10.8M), and Wheat ($8.65M), importing mostly from United States ($133M), Trinidad and Tobago ($32.1M), China ($21.6M), United Kingdom ($19.5M), and Turkey ($16.4M).
Investment Agency: Invest SVG
Website: https://investsvg.com/
National Chamber of Commerce: Chamber of Industry and Commerce St. Vincent & the Grenadines
Website: https://www.svg-cic.org/
Customs Agency: Customs and Excise Department
Website: http://asycudaw.svgcustoms.net/
