Dimension 5.2: Standards and Methods in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Dimension 5.2: Standards and Methods was 0.4 in 2023. ▲ Rising

Latest (2023)
0.4
Change on year
unchanged
World rank
163rd
of 191 countries
All-time high
0.4
in 2016
All-time low
0.35
in 2017
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Saint Vincent and the Grenadines, 2016–2023

00.10.20.30.42016201920232016: 0.42017: 0.352018: 0.352019: 0.352020: 0.352021: 0.352022: 0.42023: 0.4

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Saint Vincent and the Grenadines recorded 0.4 for dimension 5.2: standards and methods in 2023. That is the highest value across all 8 years on record.

Compared with earlier readings it is unchanged over ten years.

Saint Vincent and the Grenadines ranks 163rd of 191 countries on this measure, in the bottom quarter.

Dimension 5.2: Standards and Methods in Saint Vincent and the Grenadines, year by year

Annual values for Dimension 5.2: Standards and Methods in Saint Vincent and the Grenadines, 2016 to 2023.
Year Value Change
2016 0.4 —
2017 0.35 -12.5%
2018 0.35 +0.0%
2019 0.35 +0.0%
2020 0.35 +0.0%
2021 0.35 +0.0%
2022 0.4 +14.3%
2023 0.4 +0.0%

Saint Vincent and the Grenadines compared with similar countries

  • Saint Vincent and the Grenadines's 0.4 is below the median for upper middle income countries, which is 0.65, 62% of the median. (58 countries reporting)
  • Saint Vincent and the Grenadines's 0.4 is below the median for Latin America & Caribbean, which is 0.55, 73% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.3625 0.35 0.4 4
2020s 0.375 0.35 0.4 4

Countries ranked near Saint Vincent and the Grenadines

  1. 163 Bahrain 0.4 compare
  2. 163 Comoros 0.4 compare
  3. 163 Democratic Republic of Congo 0.4 compare
  4. 163 Grenada 0.4 compare
  5. 163 Guinea-Bissau 0.4 compare
  6. 163 Iraq 0.4 compare
  7. 163 Lebanon 0.4 compare
  8. 163 Syria 0.4 compare

See the full ranking of 191 places →

More reference data data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is dimension 5.2: standards and methods in Saint Vincent and the Grenadines?
Dimension 5.2: standards and methods in Saint Vincent and the Grenadines was 0.4 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Saint Vincent and the Grenadines?
The highest recorded value was 0.4 in 2016.
What is the lowest dimension 5.2: standards and methods recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 0.35 in 2017.
How does Saint Vincent and the Grenadines rank for dimension 5.2: standards and methods?
Saint Vincent and the Grenadines ranks 163rd out of 191 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Saint Vincent and the Grenadines data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

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Dimension 5.2: Standards and Methods in Saint Vincent and the Grenadines. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 24 September 2026, from https://reference.statizoid.com/stat/dimension-5-2-standards-and-methods/st-vincent-and-the-grenadines/

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About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 1,522 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.