St. Vincent and the Grenadines Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • St. Vincent and the Grenadines unemployment rate for 2023 was 18.67%, a 0.84% decline from 2022.
  • St. Vincent and the Grenadines unemployment rate for 2022 was 19.51%, a 0.77% decline from 2021.
  • St. Vincent and the Grenadines unemployment rate for 2021 was 20.28%, a 0.28% decline from 2020.
  • St. Vincent and the Grenadines unemployment rate for 2020 was 20.56%, a 1.34% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 27.99%
Botswana 23.38%
Gabon 20.36%
Namibia 19.42%
Libya 18.74%
St. Vincent and the Grenadines 18.67%
Jordan 17.94%
Iraq 15.53%
Montenegro 15.25%
North Macedonia 13.08%
Guyana 12.43%
Algeria 11.81%
Albania 11.58%
Lebanon 11.57%
St. Lucia 11.09%
Bosnia 10.42%
Samoa 9.75%
Colombia 9.57%
Turkey 9.41%
Iran 9.10%
Serbia 8.68%
Equatorial Guinea 8.67%
Armenia 8.59%
Costa Rica 8.30%
Belize 8.26%
Brazil 7.95%
Suriname 7.70%
Mauritius 6.06%
Paraguay 5.78%
Azerbaijan 5.64%
Romania 5.60%
Dominican Republic 5.56%
Venezuela 5.53%
Kazakhstan 4.85%
Peru 4.82%
China 4.67%
Jamaica 4.42%
Fiji 4.33%
Bulgaria 4.30%
Maldives 4.13%
Turkmenistan 4.12%
Malaysia 3.86%
Belarus 3.57%
Ecuador 3.37%
Russia 3.33%
Mexico 2.81%
Guatemala 2.71%
Tonga 2.30%
Cuba 1.16%
Thailand 0.91%
St. Vincent and the Grenadines Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 18.67% -0.84%
2022 19.51% -0.77%
2021 20.28% -0.28%
2020 20.56% 1.34%
2019 19.22% 0.25%
2018 18.97% -0.02%
2017 18.99% -0.02%
2016 19.01% -0.11%
2015 19.12% -0.11%
2014 19.23% -0.12%
2013 19.35% -0.50%
2012 19.85% -0.18%
2011 20.03% 0.08%
2010 19.95% 0.57%
2009 19.38% 0.59%
2008 18.79% -0.14%
2007 18.93% -0.22%
2006 19.15% -0.30%
2005 19.45% -0.07%
2004 19.52% -0.44%
2003 19.97% -0.65%
2002 20.62% -0.48%
2001 21.10% 0.31%
2000 20.79% 0.27%
1999 20.52% 0.02%
1998 20.50% 0.40%
1997 20.11% -0.22%
1996 20.33% 0.34%
1995 19.98% 0.03%
1994 19.96% 0.30%
1993 19.66% 0.12%
1992 19.54% -0.23%
1991 19.77% -0.23%