Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698837889187.pdf (Saint Vincent and the Grenadines)
St Vincent & The Grenadines St Vincent and The Grenadines Quarterly Gross Domestic Product Preface The main purpose of quarterly Gross Domestic Product (GDP) is to present an early indication of current economic activity in St. Vincent and the Grenadines.

The series presented in this statistical publication was developed based on a range of short term (monthly and quarterly) indicators of economic activity and is entirely consistent with the annual estimates of GDP.
The annual GDP provides a comprehensive and detailed assessment of economic activity.

This series is prepared by the Statistical Office, Ministry of Finance, Economic planning, Sustainable Development and Information Technology.

Gatlin Roberts Chief Statistician Quarterly Gross Domestic Product (GDP) 3rd Quarter 2018 The St Vincent and the Grenadines’ economy grew by 1.8 percent during the period July to September 2018, compared to 3.7 percent for the similar quarter of 2017 (see table 2).
The increase of 1.8 percent was attributed to improved performances in the Productive industries (11.4%), Private Services industries (2.9%) and Agriculture, Hunting, Forestry and Fishing (1.0%) (see table 2).

Gross Domestic Product in constant (2006) prices, percentage change % t n e c r e P 6.0 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0 -3.0 -4.0 -5.0 The Productive industries recorded overall growth of 11.4 percent and accounted for 0.9 percentage points of the overall increase in GDP.
Driving this performance of the Productive Industries was increased output in Manufacturing and Electricity and Water Supply.

Activity in the Manufacturing Industry contributed 0.9 percentage points to the overall increase in GDP.

This was on account of higher levels of production of building materials (107.0%).

This was attributable to increased demand for building materials from countries affected by hurricanes Irma and Maria.
Meanwhile, increased activities from the Electricity and Water industry was due to slightly higher electricity production (0.2%).

The Private Services industries grew by 2.9 percent and contributed 1.3 percentage points to the overall growth in GDP.

This outturn reflects increased activity in Wholesale and retail trade, Hotels and Restaurants, and Transport, Storage and Communication Industries.

Growth in the Wholesale and Retail Trade industry contributed 1.3 percentage points to the GDP.
This performance reflects higher levels of merchandise trade imports (10.2%).

Hotels and Restaurants which is the proxy for the Tourism industry contributed 0.01 percentage points to the growth in GDP.

Total Stay-overs grew by 1.8 percent, however, Stay-overs visitors in paid accommodation grew by 0.08 percent.

Transport, Storage and Communication industry contributed 0.2 percentage points to the overall increase in GDP.
This is attributable to increased passenger movements by air and sea (4.3%) and higher volumes of cargo loaded and landed (3.6%).

Agriculture, Hunting, Forestry and Fishing industry grew by 1.0 percent and contributed 0.05 percentage points to the total increase.

This was as a result of higher levels of fish landings (31.2%).
Notwithstanding; the economy grew by 1.8 percent in the third quarter of 2018, growth was tempered by a slow down in Construction and Financial Services activities which fell by 6.9 percent and 2.1 percent respectively.
Agriculture, Hunting, Forestry, and FishingProductive IndustriesConstructionPrivate ServicesPublic Administration ServicesFinancial Services Indirectly MeasuredTaxes less SubsidiesGross Domestic ProductGross Value Added2013 Q123.7 30.0 32.2 209.6 64.2 -3.854.1 410.1 356.0 2013 Q223.4 32.3 33.8 213.8 66.5 -3.663.0 429.2 366.2 2013 Q323.4 30.9 30.4 209.8 63.9 -3.564.7 419.5 354.8 2013 Q423.4 32.1 27.0 214.4 72.8 -3.559.6 425.8 366.1 2014 Q123.2 30.5 29.0 209.8 69.0 -3.759.6 417.4 357.8 2014 Q222.1 31.7 25.7 214.3 64.8 -3.863.5 418.3 354.8 2014 Q321.5 31.9 26.7 209.1 70.2 -3.768.2 423.7 355.5 2014 Q429.8 35.4 27.7 219.5 69.9 -3.867.0 445.5 378.5 2015 Q125.5 31.1 29.7 209.6 68.8 -3.762.2 423.2 361.0 2015 Q221.3 33.5 27.1 210.1 68.1 -3.765.4 421.8 356.4 2015 Q322.6 34.0 25.8 208.2 66.9 -3.768.4 422.3 353.9 2015 Q423.8 34.3 35.9 222.1 75.0 -3.873.2 460.5 387.3 2016 Q125.8 32.3 29.3 213.6 69.8 -3.965.0 431.9 366.9 2016 Q224.5 35.4 28.6 212.3 70.1 -3.874.8 441.9 367.1 2016 Q322.7 32.8 30.3 207.9 67.9 -3.872.7 430.5 357.8 2016 Q426.1 36.3 29.3 219.6 71.3 -3.778.7 457.6 379.0 2017 Q126.3 32.9 25.0 212.7 70.2 -3.769.1 432.6 363.5 2017 Q223.0 33.2 29.3 206.2 67.5 -3.669.6 425.1 355.5 2017 Q325.1 35.5 34.7 207.0 69.4 -3.578.3 446.4 368.1 2017 Q429.0 38.9 36.1 223.1 70.2 -3.579.2 473.0 393.8 2018 Q126.7 37.3 28.9 215.7 69.4 -3.568.8 443.3 374.5 2018 Q224.5 34.3 29.0 212.0 68.4 -3.575.2 439.9 364.7 2018 Q325.4 39.5 32.3 212.9 68.1 -3.579.5 454.2 374.7 Table 1: Quarterly components of Gross Domestic Product in constant (2006)
 prices, EC $m Agriculture, Hunting, Forestry, and FishingProductive IndustriesConstructionPrivate ServicesPublic Administration ServicesFinancial Services Indirectly MeasuredTaxes less SubsidiesGross Domestic ProductGross Value Added2013 Q17.5%-4.8%14.0%0.5%7.3%-13.3%-2.4%2.2%2.9%2013 Q25.9%-2.1%39.3%1.6%7.3%-17.6%-1.3%4.4%5.4%2013 Q36.2%-1.1%-3.0%2.1%5.6%-17.2%-2.2%1.7%2.5%2013 Q44.3%-2.8%-15.4%0.6%0.7%-15.0%-2.0%-0.9%-0.7%2014 Q1-2.3%1.8%-10.1%0.1%7.5%-2.4%10.1%1.8%0.5%2014
 Q2-5.5%-1.9%-23.9%0.2%-2.6%3.9%0.9%-2.5%-3.1%2014 Q3-8.4%3.3%-12.2%-0.3%9.8%5.0%5.4%1.0%0.2%2014 Q427.3%10.4%2.3%2.4%-4.0%7.2%12.4%4.6%3.4%2015 Q110.0%1.8%2.6%-0.1%-0.2%1.2%4.4%1.4%0.9%2015 Q2-3.8%5.7%5.5%-1.9%5.1%-1.6%2.9%0.8%0.5%2015 Q35.4%6.7%-3.2%-0.4%-4.6%-0.7%0.3%-0.3%-0.5%2015 Q4-20.2%-3.0%29.6%1.2%7.4%0.0%9.2%3.4%2.3%2016 Q11.2%4.0%-1.4%1.9%1.3%4.0%4.5%2.1%1.6%2016 Q215.5%5.6%5.5%1.0%2.9%3.2%14.5%4.8%3.0%2016 Q30.3%-3.6%17.2%-0.1%1.4%1.7%6.3%1.9%1.1%2016 Q49.9%5.7%-18.2%-1.1%-4.9%-0.8%7.5%-0.6%-2.2%2017 Q12.0%2.0%-14.7%-0.4%0.6%-4.9%6.3%0.2%-0.9%2017 Q2-6.4%-6.3%2.3%-2.9%-3.7%-6.0%-7.0%-3.8%-3.2%2017 Q310.8%8.2%14.6%-0.5%2.2%-5.9%7.7%3.7%2.9%2017 Q410.8%7.2%23.1%1.6%-1.6%-5.7%0.7%3.4%3.9%2018 Q11.2%13.4%15.7%1.4%-1.1%-5.3%-0.4%2.5%3.0%2018 Q26.6%3.5%-1.0%2.8%1.3%-3.2%8.1%3.5%2.6%2018 Q31.0%11.4%-6.9%2.9%-1.8%-2.1%1.6%1.8%1.8%Table 2: Quarterly components of Gross Domestic Product in constant (2006) prices, percentage change Agriculture, Hunting, Forestry, and FishingProductive IndustriesConstructionPrivate ServicesPublic Administration ServicesFinancial Services Indirectly MeasuredTaxes less SubsidiesGross Domestic ProductGross Value Added2013 Q10.4-0.41.00.31.10.1-0.32.22.52013 Q20.3-0.22.30.81.10.2-0.24.44.62013 Q30.3-0.1-0.21.10.80.2-0.31.72.12013 Q40.2-0.2-1.10.30.10.1-0.3-0.9-0.62014 Q1-0.10.1-0.80.11.20.01.31.80.52014 Q2-0.3-0.1-1.90.1-0.40.00.1-2.5-2.72014 Q3-0.50.2-0.9-0.21.50.00.81.00.22014 Q41.50.80.11.2-0.7-0.11.74.62.92015
 Q10.60.10.2-0.10.00.00.61.40.82015 Q2-0.20.40.3-1.00.80.00.40.80.42015 Q30.30.5-0.2-0.2-0.80.00.0-0.3-0.42015 Q4-1.4-0.21.80.61.20.01.43.42.02016 Q10.10.3-0.10.90.20.00.72.11.42016 Q20.80.40.40.50.50.02.24.82.52016 Q30.0-0.31.1-0.10.20.01.01.90.92016 Q40.50.4-1.4-0.5-0.80.01.2-0.6-1.82017 Q10.10.1-1.0-0.20.10.01.00.2-0.82017 Q2-0.4-0.50.1-1.4-0.60.1-1.2-3.8-2.62017 Q30.60.61.0-0.20.30.11.33.72.42017 Q40.60.61.50.8-0.20.00.13.43.22018 Q10.11.00.90.7-0.20.0-0.12.52.62018 Q20.40.3-0.11.40.20.01.33.52.22018
 Q30.10.9-0.51.3-0.30.00.31.81.5Table 3: Quarterly components of Gross Domestic Product in constant (2006) prices, percentage point contributions to annual % change ANNEX List of Industries and sub-categoriesAgriculture, hunting, forestry and fishingBananasLivestockForestryOther CropsFishingProductive IndustriesMining and QuarryingManufacturingElectricity and WaterConstructionPrivate ServicesWholesale and Retail TradeTransportation, Storage and CommunicationHotels and RestaurantsFinancial and Insurance ActivitiesReal Estate Activities and Owner Occupied DwellingsOther Community, Social and Personal ActivitiesEducation - PrivateHealth and Social Work - PrivatePrivate Households with Employed PersonsPublic Administration ServicesSocial SecurityLocal GovernmentPublic EducationPublic HealthFinancial Services Indirectly Measured For more information please contact: Statistical Office Ministry of Finance, Economic Planning, Sustainable Development & Information Technology 1st Floor Administrative Building P.O.
Box 608 Kingstown Tel.

(784) 457-2921 Fax.

(784) 456-2430 E-mail: svg.stats@mail.gov.vc Website: www.stats.gov.vc