The Cayman Islands vs Saint Kitts and Nevis: Economic Indicators Comparison

The Cayman Islands with a GDP of $5.1B ranked the 158th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, the Cayman Islands and Saint Kitts and Nevis ranked 6th vs 48th, respectively.

Gross Domestic Product & Income

StatCayman IslandsSaint Kitts and Nevis
GDP$5.1B$1B
GDP growth, 1 year3.04%2.92%
GDP growth, 5-years averageN/AN/A
Population58k55k
GDP per capita$81k$19k
GDP per capita growth1.72%2.15%
Purchasing Power Parity conversion factor0.931.72
Price level ratio of PPP conversion factor GDP to market exchange rate1.120.64
GDP per capita, PPP adjusted$73k$30k
GNI, Atlas method$3B$961.5M
GNI per capita$47k$18k
GNI, PPP adjusted$2.8B$1.5B
GNI per capita, PPP adjusted$44k$29k

Financial system and Human development

StatCayman IslandsSaint Kitts and Nevis
Income Tax RateN/AN/A
Corporate Tax RateN/AN/A
Inflation, consumer prices-0.6%-1%
Inflation, GDP deflator1.9%-1.5%
Unemployment4.2%5.1%
Economic Freedom Index7462
Personal Freedom Index8.16.2
Human Freedom Index8.16.2
Property Rights IndexN/AN/A
Judical Effectiveness IndexN/AN/A
Business Freedom IndexN/AN/A
Fiscal Health IndexN/AN/A
Labor Freedom IndexN/AN/A
Investment Freedom IndexN/AN/A
Financial Freedom IndexN/AN/A
Trade Freedom IndexN/AN/A
Monetary Freedom IndexN/AN/A
Government Spending IndexN/AN/A
Tax Burden IndexN/AN/A
Government Integrity IndexN/AN/A
Corruption Perceptions Index7660
Life expectancy at birth, years82.271.3
Suicide mortality rate, per 100,000 people0.51
Mortality caused by road traffic injury, per 100,000 people142
Intentional homicides, per 100,000 people8.534.2
International tourism, number of arrivals463k125k

Government debt & reserves

StatCayman IslandsSaint Kitts and Nevis
Central government debt, % of GDPN/A59.9%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including gold$162.1M$363.2M
Foreign direct investment net inflows$57.4B$93.6M

Exports, imports and economic structure

StatCayman IslandsSaint Kitts and Nevis
Exports of goods and services, % of GDPN/A59.9%
Imports of goods and services, % of GDPN/A58.8%
Current account balance (balance of payments)-$997.9M-$72.4M
Revenue excluding grants, % of GDPN/A27.9%
Grants excluding technical cooperation, BoP$0$15.6M
Personal remittances received$15.6M$25.9M
Industry including construction value added, % of GDP7.2%25.7%
Agriculture, forestry and fishing value added, % of GDP0.4%1.2%
Charges for the use of intellectual property, payments BoP$68M$1.8M
Charges for the use of intellectual property, receipts BoP$9.3M$100k
Expense, % of GDPN/A24.3%
Government Expenditure, % of GDPN/AN/A

Compare with countries close by GDP per capita

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M