The economy of Saint Vincent and the Grenadines is heavily dependent on agriculture, being the world's leading producer of arrowroot and grows other exotic fruit, vegetables and root crops.

Bananas alone account for upwards of 60% of the work force and 50% of merchandise exports in Saint Vincent and the Grenadines.

In view of the European Union's announced phase-out of this preferred access, economic diversification is a priority.

In 1996, new cruise ship and ferry berths came on-line, sharply increasing the number of passenger arrivals.

The country belongs to the Caribbean Community (CARICOM), which has signed a framework agreement with the United States to promote trade and investment in the region.