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

Stat	Cayman Islands	Saint Kitts and Nevis
GDP	$5.1B	$1B
GDP growth, 1 year	3.04%	2.92%
GDP growth, 5-years average	N/A	N/A
Population	58k	55k
GDP per capita	$81k	$19k
GDP per capita growth	1.72%	2.15%
Purchasing Power Parity conversion factor	0.93	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	1.12	0.64
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

Stat	Cayman Islands	Saint Kitts and Nevis
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	-0.6%	-1%
Inflation, GDP deflator	1.9%	-1.5%
Unemployment	4.2%	5.1%
Economic Freedom Index	74	62
Personal Freedom Index	8.1	6.2
Human Freedom Index	8.1	6.2
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	76	60
Life expectancy at birth, years	82.2	71.3
Suicide mortality rate, per 100,000 people	0.5	1
Mortality caused by road traffic injury, per 100,000 people	14	2
Intentional homicides, per 100,000 people	8.5	34.2
International tourism, number of arrivals	463k	125k

Government debt & reserves

Stat	Cayman Islands	Saint Kitts and Nevis
Central government debt, % of GDP	N/A	59.9%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$162.1M	$363.2M
Foreign direct investment net inflows	$57.4B	$93.6M

Exports, imports and economic structure

Stat	Cayman Islands	Saint Kitts and Nevis
Exports of goods and services, % of GDP	N/A	59.9%
Imports of goods and services, % of GDP	N/A	58.8%
Current account balance (balance of payments)	-$997.9M	-$72.4M
Revenue excluding grants, % of GDP	N/A	27.9%
Grants excluding technical cooperation, BoP	$0	$15.6M
Personal remittances received	$15.6M	$25.9M
Industry including construction value added, % of GDP	7.2%	25.7%
Agriculture, forestry and fishing value added, % of GDP	0.4%	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 GDP	N/A	24.3%
Government Expenditure, % of GDP	N/A	N/A