Share of self-employed people in Saint Vincent and the Grenadines 2024

Saint Vincent and the Grenadines is among the Latin American and Caribbean countries with a lower rate of self-employed workers than the regional average. In 2019, around 25.39 percent of the employed population of Saint Vincent and the Grenadines were considered self-employed, or having a job whose remuneration is directly dependent upon the profits derived from the goods and services provided. The share of self-employed people in Saint Vincent and the Grenadines is expected to decrease by 2024.

Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024

Characteristic	Share of employed population
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Release date

November 2019

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Region

Saint Vincent and the Grenadines

Survey time period

2012 to 2019

Supplementary notes

* Starting from the indicated year, figures are forecasts (as of November 2019).

According to ILO, self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs", which are commonly characterized as jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers comprise four sub-categories: employers, own-account workers, members of producers' cooperatives, and contributing family workers.

The figures are calculated from the total employed population. Self-employment status does not include employees (workers who hold the type of jobs defined as “paid employment jobs”, where the incumbents hold employment contracts that give them a basic remuneration), workers not classifiable by status, unemployed or non-economically active population.

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