Saint Vincent and the Grenadines Current Account Balance

Factbook > Countries > Saint Vincent and the Grenadines > Economy

Current Account Balance: -$116 million (2017 est.)

-$122 million (2016 est.)

Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021

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Related Data From the International Monetary Fund

Variable: Current account balance

Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Units: U.S. dollars

Scale: Billions

Country-specific Note: Source: Central Bank Latest actual data: 2017. Preliminary. Notes: On account of a methodological change to the compilation of balance of payments statistics, data for BOP series before 2014 have been removed. BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). Starting from the year 2014, the authorities revised their Balance of Payments methodology and reported their data in BPM6. Data for prior years are converted to the BPM6 presentation from the BPM5 data by IMF staff. Primary domestic currency: Eastern Caribbean dollar Data last updated: 02/2019

Source: International Monetary Fund, World Economic Outlook Database, April 2019

YearCurrent account balancePercent Change
2014-0.188 
2015-0.11-41.49%
2016-0.1176.36%
2017-0.13515.38%
2018-0.131-2.96%
2019-0.124-5.34%

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