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Economics and statistics

Saint Vincent and the Grenadines is a small Caribbean economy with a GDP of about $1.16 billion in 2024 and a per capita GDP ~ $11.5 thousand (World Bank estimates). Tourism is important for the balance of payments: in 2023, the flow of stopping tourists returned to a dock-like trajectory (according to the industry summary Tourism Analytics), which supports consumption and employment in related services. There are no existing casinos in the gambling market (historically, licenses were allowed, but the last sites were closed by 2010), so the main legal cash flow is the national lottery (NLA): sales in 2020-2024. fluctuated $80-92 million XCD, with a drawdown in 2023-2024, and in 2025 for the first quarter. Growth and $64.1 million XCD sales of YTD were recorded; the key driver is the 3D game. Online casinos and bets are not specifically regulated (the legal framework relies on Gambling, Lotteries and Betting Act without mentioning remote forms), which forms a gray segment without local taxation. Together, the sector makes a limited contribution to GDP directly, but through lotteries and tourism it creates a multiplier effect in retail, hospitality and transport.

Vincent and the Grenadines"

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