The staff report for the 2006 Article IV Consultation on St. Vincent and the Grenadines highlights economic prospects and the fiscal situation. St. Vincent and the Grenadines is a small, open economy that has increasingly relied on its tourism sector. The export-oriented services sector accounts...

This 1999 Article IV Consultation highlights that during 1990–98, St. Vincent and the Grenadines’ real annual GDP growth and inflation averaged 4 percent and 3 percent, respectively. Tourism’s importance to the economy grew, and agriculture’s fell, with other sectors’ contributions...

KEY ISSUES Background: Activity is slowly recovering after a cumulative decline of about 5 percent during 2008-10. Expansionary fiscal policies-largely to counteract the impact of the global slowdown and the two successive natural disasters-led to a deterioration in fiscal balances, with public...

This 2016 Article IV Consultation highlights that St. Vincent and the Grenadines' recovery from the global financial crisis was hampered by a series of natural disasters, sluggish global demand, and slow implementation of key infrastructure projects. Economic activity appears to have recovered...

This Article IV Consultation highlights that following the opening of a modern international airport, signs of an economic recovery have emerged, with increased direct flights from major cities in the United States and Canada and renewed interests from foreign investors in tourism projects. The...