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Asokore Beckles

Country profile · Issue No. 02 · July 2026

Saint Vincent and the Grenadines.

VCT

Saint Vincent and the Grenadines’s row in the Caribbean Debt Tracker. Five metrics, the stated fiscal anchor, current IMF engagement, and the primary sources behind every figure. Last verified 2026-07-21.

Debt to GDP
120.1%

as of 2026

IMF public sector debt (2026 Article IV Table 1), which for this country coincides with the WEO general government series at 120.1% for 2026. A projection, not an outturn; the 2025 estimate is 113.1%. Rating-agency coverage is narrower and not comparable: Moody's reports government debt around 103% of GDP for 2025.

Primary balance
-8.2%

% of GDP

Real GDP growth
2.8%

2026 projection

Fiscal anchor

ECCU regional benchmark: public debt to 60% of GDP by 2035.

IMF programme status

Surveillance only; no active IMF financing arrangement identified in the 2026 Article IV documents. Outstanding credit of SDR 18.7m at 31 March 2026 reflects legacy RCF/RFI emergency disbursements (2020 COVID, 2021 La Soufriere), not an arrangement.

Notes

Debt ratio reached 113% of GDP in 2025. Under unchanged policies the IMF projects the ratio rises to roughly 145% of GDP by 2031, well above the ECCU 60% benchmark. Growth moderated to 3.7% in 2025 and is expected to decelerate further toward 2.7% in the medium term. Staff judge that the primary balance would have to improve by some 11 percentage points of GDP across 2027–29 to put debt on a downward path; Press Release 26/205 Table 1 prints the primary balance series directly: -12.8% in 2024, -8.5% estimated for 2025 and -8.2% projected for 2026. This row carries the 2026 projection, matching the year of the debt and growth figures beside it. The same table gives public sector debt of 113.1% in 2025 rising to 120.1% in 2026 and 144.5% by 2031, and real GDP growth of 3.7% in 2025 easing to 2.8% in 2026. The Executive Board concluded the 2026 Article IV consultation on 12 June 2026; the authorities requested more time to consider publication of the full staff report, so the press release table is the most detailed published source.

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The same five metrics across the Caribbean Community, with the regional aggregate panel and the methodology. Refreshed against each new IMF World Economic Outlook release. Issue No. 03 follows in August 2026.