Albania vs Saint Kitts and Nevis: Economic Indicators Comparison

Albania with a GDP of $15.1B ranked the 123rd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Albania and Saint Kitts and Nevis ranked 107th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Albania	Saint Kitts and Nevis
GDP	$15.1B	$1B
GDP growth, 1 year	4.2%	2.92%
GDP growth, 5-years average	3.1%	N/A
Population	3M	55k
GDP per capita	$5.3k	$19k
GDP per capita growth	4.4%	2.15%
Purchasing Power Parity conversion factor	42.57	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.64
GDP per capita, PPP adjusted	$13k	$30k
GNI, Atlas method	$13.9B	$961.5M
GNI per capita	$4.9k	$18k
GNI, PPP adjusted	$38.3B	$1.5B
GNI per capita, PPP adjusted	$13k	$29k

Financial system and Human development

Stat	Albania	Saint Kitts and Nevis
Income Tax Rate	23%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2%	-1%
Inflation, GDP deflator	0.9%	-1.5%
Unemployment	13.9%	5.1%
Economic Freedom Index	66.9	62
Personal Freedom Index	8.07	6.2
Human Freedom Index	7.68	6.2
Property Rights Index	57.1	N/A
Judical Effectiveness Index	33	N/A
Business Freedom Index	65.7	N/A
Fiscal Health Index	86.3	N/A
Labor Freedom Index	52.1	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	88.4	N/A
Monetary Freedom Index	81.2	N/A
Government Spending Index	74.6	N/A
Tax Burden Index	85.9	N/A
Government Integrity Index	38.8	N/A
Corruption Perceptions Index	36	60
Life expectancy at birth, years	78.3	71.3
Suicide mortality rate, per 100,000 people	6.3	1
Mortality caused by road traffic injury, per 100,000 people	13.6	2
Intentional homicides, per 100,000 people	2.3	34.2
International tourism, number of arrivals	5.3M	125k

Government debt & reserves

Stat	Albania	Saint Kitts and Nevis
Central government debt, % of GDP	68.6%	59.9%
External debt stocks, % of GNI	67.2%	N/A
External debt stocks	$10.1B	N/A
Short-term debt, % of total reserves	55.6%	N/A
Total debt service, % of exports and primary income	20.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	8.2%	N/A
Gross savings, % of GDP	16.2%	N/A
Gross capital formation, % of GDP	25%	N/A
Total reserves including gold	$3.9B	$363.2M
Foreign direct investment net inflows	$1.2B	$93.6M

Exports, imports and economic structure

Stat	Albania	Saint Kitts and Nevis
Exports of goods and services, % of GDP	31.7%	59.9%
Imports of goods and services, % of GDP	45.4%	58.8%
Current account balance (balance of payments)	-$1B	-$72.4M
Revenue excluding grants, % of GDP	25.6%	27.9%
Grants excluding technical cooperation, BoP	$181M	$15.6M
Personal remittances received	$1.5B	$25.9M
Industry including construction value added, % of GDP	21.3%	25.7%
Agriculture, forestry and fishing value added, % of GDP	18.4%	1.2%
Charges for the use of intellectual property, payments BoP	$26.4M	$1.8M
Charges for the use of intellectual property, receipts BoP	$14.9M	$100k
Expense, % of GDP	23.3%	24.3%
Government Expenditure, % of GDP	29.1%	N/A