Belize vs Saint Kitts and Nevis: Economic Indicators Comparison

Belize with a GDP of $1.9B ranked the 176th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Belize and Saint Kitts and Nevis ranked 109th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Belize	Saint Kitts and Nevis
GDP	$1.9B	$1B
GDP growth, 1 year	3%	2.92%
GDP growth, 5-years average	2.2%	N/A
Population	375k	55k
GDP per capita	$4.9k	$19k
GDP per capita growth	1.07%	2.15%
Purchasing Power Parity conversion factor	1.13	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.56	0.64
GDP per capita, PPP adjusted	$8.5k	$30k
GNI, Atlas method	$1.7B	$961.5M
GNI per capita	$4.5k	$18k
GNI, PPP adjusted	$3B	$1.5B
GNI per capita, PPP adjusted	$7.8k	$29k

Financial system and Human development

Stat	Belize	Saint Kitts and Nevis
Income Tax Rate	25%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	0.3%	-1%
Inflation, GDP deflator	-1.1%	-1.5%
Unemployment	9.4%	5.1%
Economic Freedom Index	57.4	62
Personal Freedom Index	7.4	6.2
Human Freedom Index	7.37	6.2
Property Rights Index	44.4	N/A
Judical Effectiveness Index	46.4	N/A
Business Freedom Index	60.9	N/A
Fiscal Health Index	53.9	N/A
Labor Freedom Index	54.3	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	64.2	N/A
Monetary Freedom Index	80.4	N/A
Government Spending Index	66.3	N/A
Tax Burden Index	79.5	N/A
Government Integrity Index	33.5	N/A
Corruption Perceptions Index	58	60
Life expectancy at birth, years	74.4	71.3
Suicide mortality rate, per 100,000 people	4.7	1
Mortality caused by road traffic injury, per 100,000 people	28.3	2
Intentional homicides, per 100,000 people	37.9	34.2
International tourism, number of arrivals	489k	125k

Government debt & reserves

Stat	Belize	Saint Kitts and Nevis
Central government debt, % of GDP	94.8%	59.9%
External debt stocks, % of GNI	76.8%	N/A
External debt stocks	$1.4B	N/A
Short-term debt, % of total reserves	1.2%	N/A
Total debt service, % of exports and primary income	10.1%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-0.9%	N/A
Gross savings, % of GDP	8.5%	N/A
Gross capital formation, % of GDP	19%	N/A
Total reserves including gold	$294.5M	$363.2M
Foreign direct investment net inflows	$119.5M	$93.6M

Exports, imports and economic structure

Stat	Belize	Saint Kitts and Nevis
Exports of goods and services, % of GDP	57.7%	59.9%
Imports of goods and services, % of GDP	58%	58.8%
Current account balance (balance of payments)	-$154.9M	-$72.4M
Revenue excluding grants, % of GDP	29.4%	27.9%
Grants excluding technical cooperation, BoP	$17.1M	$15.6M
Personal remittances received	$92.5M	$25.9M
Industry including construction value added, % of GDP	12%	25.7%
Agriculture, forestry and fishing value added, % of GDP	9.6%	1.2%
Charges for the use of intellectual property, payments BoP	$7.9M	$1.8M
Charges for the use of intellectual property, receipts BoP	$2.5M	$100k
Expense, % of GDP	27.6%	24.3%
Government Expenditure, % of GDP	33.5%	N/A