HistoryData

Healthcare Spending: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines's healthcare spending is currently 4.437 % of GDP as of 2023. # Saint Vincent and the Grenadines Healthcare Spending Saint Vincent and the Grenadines allocated 4.

Current (2023)
4.437 % of GDP
-3.6% y/y
Peak (2021)
5.266 % of GDP
Low (2006)
3.656 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingSaint Vincent and the Grenadines

20002023

Healthcare Spending — Saint Vincent and the Grenadines
3.656% of GDP4.059% of GDP4.461% of GDP4.864% of GDP5.266% of GDP2000201020202023LowPeak
Analysis# Saint Vincent and the Grenadines Healthcare Spending Saint Vincent and the Grenadines allocated 4.437% of its GDP to healthcare in 2023, representing a moderate investment in the nation's health infrastructure. This figure sits well below the all-time peak of 5.266% reached in 2021 but remains substantially higher than the 2006 low of 3.656%. Over the 23-year period from 2000 to 2023, healthcare spending grew 11.4%, demonstrating a gradual upward shift in the country's health priorities. The pandemic marked a significant inflection point, with spending surging to 5.266% in 2021 before declining sharply to 4.605% in 2022. The 2023 figure of 4.437% continues this downward adjustment, suggesting a normalization of expenditures after the extraordinary demands of COVID-19. Unless external health crises emerge, the current trajectory indicates stabilization around 4.4–4.5% of GDP in the near term.

Historical Data

24 Rows
YearValueChange %
20234.437 % of GDP-3.65%
20224.605 % of GDP-12.55%
20215.266 % of GDP+8.11%
20204.871 % of GDP+14.32%
20194.261 % of GDP+0.19%
20184.253 % of GDP+0.50%
20174.232 % of GDP+3.27%
20164.098 % of GDP-0.44%
20154.116 % of GDP-1.39%
20144.174 % of GDP-1.51%
20134.238 % of GDP-5.17%
20124.469 % of GDP+5.58%
20114.233 % of GDP-1.63%
20104.303 % of GDP+5.13%
20094.093 % of GDP+5.27%
20083.888 % of GDP+1.73%
20073.822 % of GDP+4.54%
20063.656 % of GDP-4.64%
20053.834 % of GDP-0.96%
20043.871 % of GDP-2.32%
Show all 24 rows
YearValueChange %
20033.963 % of GDP-2.89%
20024.081 % of GDP+1.75%
20014.011 % of GDP+0.70%
20003.983 % of GDP

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