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St. Vincent and the Grenadines: Recent Economic Developments

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  • International Monetary Fund

Abstract

This report analyzes economic developments in St. Vincent and the Grenadines in the first half of the 1990s. Real GDP increased at an average annual rate of 5 percent in 1988–93, reflecting sustained growth in most sectors except for agriculture and manufacturing, which showed some volatility. In 1993, economic growth slowed to 1.4 percent as a sharp decline in agricultural production and in manufacturing activity only partly offset growth in the construction and tourism sectors.

Suggested Citation

  • International Monetary Fund, 1994. "St. Vincent and the Grenadines: Recent Economic Developments," IMF Staff Country Reports 1994/012, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:1994/012
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