Poverty is widespread and housing standards are generally low in Saint Vincent and the Grenadines. Visit AbbreviationFinder to see the definitions of SVG and acronym for St. Vincent and The Grenadines. Unemployment is very high, and many have only temporary or seasonal employment. The state has invested in expanding health care and education. Social spending is a larger part of the state budget than in most neighboring countries. old-age pension and sickness and accident insurance. Health care has been particularly focused on addressing malnutrition among children. declining infant mortality.