Cape Verde vs Saint Kitts and Nevis: Economic Indicators Comparison

Cape Verde with a GDP of $2B ranked the 174th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Cape Verde and Saint Kitts and Nevis ranked 125th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Cape Verde	Saint Kitts and Nevis
GDP	$2B	$1B
GDP growth, 1 year	4.7%	2.92%
GDP growth, 5-years average	3%	N/A
Population	546k	55k
GDP per capita	$3.6k	$19k
GDP per capita growth	3.87%	2.15%
Purchasing Power Parity conversion factor	45.56	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	0.64
GDP per capita, PPP adjusted	$7.3k	$30k
GNI, Atlas method	$1.9B	$961.5M
GNI per capita	$3.4k	$18k
GNI, PPP adjusted	$4B	$1.5B
GNI per capita, PPP adjusted	$7.3k	$29k

Financial system and Human development

Stat	Cape Verde	Saint Kitts and Nevis
Income Tax Rate	50%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	2.2%	-1%
Inflation, GDP deflator	1.5%	-1.5%
Unemployment	12.3%	5.1%
Economic Freedom Index	63.6	62
Personal Freedom Index	8.33	6.2
Human Freedom Index	7.4	6.2
Property Rights Index	47.5	N/A
Judical Effectiveness Index	48	N/A
Business Freedom Index	58.5	N/A
Fiscal Health Index	66.2	N/A
Labor Freedom Index	55.6	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	68.2	N/A
Monetary Freedom Index	83.1	N/A
Government Spending Index	71.7	N/A
Tax Burden Index	77.7	N/A
Government Integrity Index	46.1	N/A
Corruption Perceptions Index	57	60
Life expectancy at birth, years	72.6	71.3
Suicide mortality rate, per 100,000 people	11.3	1
Mortality caused by road traffic injury, per 100,000 people	25	2
Intentional homicides, per 100,000 people	11.5	34.2
International tourism, number of arrivals	710k	125k

Government debt & reserves

Stat	Cape Verde	Saint Kitts and Nevis
Central government debt, % of GDP	127.7%	59.9%
External debt stocks, % of GNI	89.3%	N/A
External debt stocks	$1.7B	N/A
Short-term debt, % of total reserves	0.2%	N/A
Total debt service, % of exports and primary income	5.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	11.7%	N/A
Gross savings, % of GDP	34.7%	N/A
Gross capital formation, % of GDP	40.4%	N/A
Total reserves including gold	$606.4M	$363.2M
Foreign direct investment net inflows	$108M	$93.6M

Exports, imports and economic structure

Stat	Cape Verde	Saint Kitts and Nevis
Exports of goods and services, % of GDP	48.8%	59.9%
Imports of goods and services, % of GDP	68.2%	58.8%
Current account balance (balance of payments)	-$94.5M	-$72.4M
Revenue excluding grants, % of GDP	28.8%	27.9%
Grants excluding technical cooperation, BoP	$42.5M	$15.6M
Personal remittances received	$233.5M	$25.9M
Industry including construction value added, % of GDP	19.2%	25.7%
Agriculture, forestry and fishing value added, % of GDP	5.3%	1.2%
Charges for the use of intellectual property, payments BoP	$11.3M	$1.8M
Charges for the use of intellectual property, receipts BoP	$47k	$100k
Expense, % of GDP	28.4%	24.3%
Government Expenditure, % of GDP	30.7%	N/A