Cyprus vs Saint Kitts and Nevis: Economic Indicators Comparison

Cyprus with a GDP of $25B ranked the 109th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Cyprus and Saint Kitts and Nevis ranked 36th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Cyprus	Saint Kitts and Nevis
GDP	$25B	$1B
GDP growth, 1 year	3.9%	2.92%
GDP growth, 5-years average	2.8%	N/A
Population	1.1M	55k
GDP per capita	$28k	$19k
GDP per capita growth	2.75%	2.15%
Purchasing Power Parity conversion factor	0.63	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.74	0.64
GDP per capita, PPP adjusted	$40k	$30k
GNI, Atlas method	$24.9B	$961.5M
GNI per capita	$26k	$18k
GNI, PPP adjusted	$34.7B	$1.5B
GNI per capita, PPP adjusted	$35k	$29k

Financial system and Human development

Stat	Cyprus	Saint Kitts and Nevis
Income Tax Rate	35%	N/A
Corporate Tax Rate	12.5%	N/A
Inflation, consumer prices	0.8%	-1%
Inflation, GDP deflator	1.4%	-1.5%
Unemployment	8.1%	5.1%
Economic Freedom Index	70.1	62
Personal Freedom Index	8.96	6.2
Human Freedom Index	8.39	6.2
Property Rights Index	77.4	N/A
Judical Effectiveness Index	50.5	N/A
Business Freedom Index	76.6	N/A
Fiscal Health Index	80	N/A
Labor Freedom Index	59.7	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	84.3	N/A
Government Spending Index	58.6	N/A
Tax Burden Index	74.8	N/A
Government Integrity Index	57.6	N/A
Corruption Perceptions Index	59	60
Life expectancy at birth, years	80.7	71.3
Suicide mortality rate, per 100,000 people	5.3	1
Mortality caused by road traffic injury, per 100,000 people	5.1	2
Intentional homicides, per 100,000 people	0.6	34.2
International tourism, number of arrivals	3.9M	125k

Government debt & reserves

Stat	Cyprus	Saint Kitts and Nevis
Central government debt, % of GDP	102.5%	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	3.2%	N/A
Gross savings, % of GDP	21.8%	N/A
Gross capital formation, % of GDP	19.1%	N/A
Total reserves including gold	$924.2M	$363.2M
Foreign direct investment net inflows	$5.2B	$93.6M

Exports, imports and economic structure

Stat	Cyprus	Saint Kitts and Nevis
Exports of goods and services, % of GDP	73.1%	59.9%
Imports of goods and services, % of GDP	72.3%	58.8%
Current account balance (balance of payments)	-$1.1B	-$72.4M
Revenue excluding grants, % of GDP	37.4%	27.9%
Grants excluding technical cooperation, BoP	$34.2M	$15.6M
Personal remittances received	$497.8M	$25.9M
Industry including construction value added, % of GDP	12.2%	25.7%
Agriculture, forestry and fishing value added, % of GDP	2%	1.2%
Charges for the use of intellectual property, payments BoP	$127.2M	$1.8M
Charges for the use of intellectual property, receipts BoP	$174k	$100k
Expense, % of GDP	35.4%	24.3%
Government Expenditure, % of GDP	37.1%	N/A