Current Account Balance: Saint Vincent and the Grenadines

Analysis# Saint Vincent and the Grenadines Current Account Balance Saint Vincent and the Grenadines recorded a current account deficit of 13.5% of GDP in 2026, reflecting persistent external imbalances. The figure sits well below the all-time peak of −2.4% in 2019 but shows measurable improvement from the all-time low of −25.2% in 2014. Since 2014, the deficit has narrowed by 46.4 percentage points, though the country remains in deficit territory across the entire 2014–2030 period. A critical turning point occurred in 2019 when the deficit contracted to its least severe level before deteriorating sharply to −23.2% in 2021, likely due to pandemic-related economic disruptions. Recovery began in 2022 and has continued steadily, with deficits declining from −20.6% to the projected −13.5% by 2026. The recent trajectory suggests gradual stabilization, though sustained external account pressures remain a structural challenge.