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
* 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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ILO. (November 30, 2019). Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024 [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/
ILO. "Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024." Chart. November 30, 2019. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/
ILO. (2019). Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/
ILO. "Self-employed Workers as Share of Total Employed Population in Saint Vincent and The Grenadines from 2012 to 2024." Statista, Statista Inc., 30 Nov 2019, https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/
ILO, Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024 Statista, https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/ (last visited December 11, 2024)
Self-employed workers as share of total employed population in Saint Vincent and the Grenadines from 2012 to 2024 [Graph], ILO, November 30, 2019. [Online]. Available: https://www.statista.com/statistics/1038925/share-self-employed-workers-saint-vincent-grenadines/