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Economy of Dominican Republic vs Saint Kitts and Nevis compared: GDP & Debt

Updated on by Georank

The Dominican Republic has a GDP of $127B compared to $1.18B for Saint Kitts and Nevis, ranking 65/197 and 188/197 by economy size, respectively.

The Dominican Republic has $75.2B in government debt (59% of GDP), compared to $691M (58.4% of GDP) in Saint Kitts and Nevis.

Dominican Republic vs Saint Kitts and Nevis GDP by year

Dominican Republic
Saint Kitts and Nevis
1x
Year GDP, current $
Dominican Republic Saint Kitts
2025 $127,407,463,759 $1,183,514,815
2024 $124,282,245,639 $1,122,388,889
2023 $120,456,239,154 $1,055,651,852
2022 $113,478,103,598 $981,429,630
2021 $94,850,719,517 $858,622,222
2020 $78,546,672,407 $883,922,222
2019 $89,146,130,745 $1,107,855,556
2018 $84,994,732,049 $1,076,548,148
2017 $79,070,274,743 $1,056,977,778
2016 $75,552,902,636 $1,006,818,519
2015 $70,966,782,572 $957,222,222
2014 $67,014,329,100 $952,111,111
2013 $62,555,417,415 $874,548,148
2012 $60,561,635,556 $824,585,185
2011 $57,948,261,616 $836,092,593
2010 $53,801,053,353 $778,718,519
2009 $48,223,781,477 $774,274,074
2008 $48,091,433,554 $777,692,593
2007 $43,965,458,509 $689,285,185
2006 $37,879,830,084 $644,414,815
2005 $35,777,560,684 $547,203,704
2004 $22,322,387,382 $506,900,000
2003 $21,403,167,848 $469,869,870
2002 $27,137,440,786 $481,077,374
2001 $25,601,823,688 $458,643,829
2000 $24,305,780,629 $421,695,770
1999 $22,136,579,397 $406,595,484
1998 $21,672,215,547 $383,257,331
1997 $20,017,450,041 $374,641,308
1996 $18,241,622,548 $333,944,444
1995 $16,637,370,839 $313,485,185
1994 $14,644,734,599 $295,159,259
1993 $13,081,042,400 $263,755,556
1992 $11,605,382,504 $242,137,037
1991 $9,824,483,340 $220,540,741
1990 $7,073,675,545 $217,259,259
1989 $6,686,593,060 $192,518,519
1988 $5,374,299,981 $172,692,593
1987 $5,827,050,753 $147,748,148
1986 $6,122,128,558 $130,685,185
1985 $5,044,579,979 $111,007,407
1984 $11,594,000,000 $98,603,704
1983 $9,220,600,000 $86,874,074
1982 $8,267,400,000 $86,022,222
1981 $7,561,300,000 $80,888,889
1980 $6,761,300,000 $68,459,259
1979 $5,498,800,000 $58,840,741
1978 $4,734,400,000 $49,433,333
1977 $4,587,100,000 $44,496,296
1976 $3,951,500,000 $30,095,602
1975 $3,599,200,000 $33,364,055
1974 $2,925,700,000 $31,514,856
1973 $2,344,800,000 $24,196,018
1972 $1,987,400,000 $22,944,849
1971 $1,666,500,000 $19,624,746
1970 $1,485,500,000 $16,300,000
1969 $1,230,500,000 $15,850,000
1968 $1,079,100,000 $14,600,000
1967 $1,034,800,000 $16,742,338
1966 $983,900,000 $14,469,078
1965 $888,100,000 $13,593,932
1964 $1,025,599,900 $13,416,633
1963 $940,799,900 $12,833,301
1962 $824,100,000 $12,541,635
1961 $654,100,200 $12,483,302
1960 $672,399,700 $12,366,636

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

GDP per capita in Dominican Republic vs Saint Kitts and Nevis by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $11,059 - $25,223 -
2024 $10,876 $27,542 $23,961 $34,847
2023 $10,630 $25,840 $22,577 $33,980
2022 $10,104 $24,626 $21,012 $31,871
2021 $8,527 $22,053 $18,361 $26,897
2020 $7,135 $18,998 $18,859 $27,326
2019 $8,183 $19,767 $23,595 $32,482
2018 $7,883 $17,995 $22,901 $30,795
2017 $7,413 $16,846 $22,465 $29,579
2016 $7,160 $16,282 $21,388 $28,215
2015 $6,801 $14,804 $20,329 $26,877
2014 $6,496 $13,465 $20,219 $26,756
2013 $6,137 $12,414 $18,580 $24,624
2012 $6,014 $11,777 $17,532 $23,458
2011 $5,827 $11,695 $17,832 $24,550
2010 $5,479 $11,246 $16,623 $23,691
2009 $4,974 $10,382 $16,503 $23,385
2008 $5,024 $10,346 $16,605 $24,102
2007 $4,650 $9,951 $14,758 $21,301
2006 $4,055 $9,130 $13,838 $20,676
2005 $3,878 $8,215 $11,784 $19,500
2004 $2,452 $7,375 $10,945 $17,276
2003 $2,383 $7,098 $10,176 $16,226
2002 $3,066 $7,158 $10,454 $16,619
2001 $2,936 $6,848 $10,023 $16,235
2000 $2,831 $6,639 $9,320 $15,256
1999 $2,621 $6,305 $9,116 $13,754
1998 $2,608 $5,963 $8,711 $13,319
1997 $2,449 $5,618 $8,627 $13,409
1996 $2,271 $5,161 $7,788 $12,498
1995 $2,109 $4,871 $7,406 $11,747
1994 $1,892 $4,599 $7,065 $11,062
1993 $1,722 $4,474 $6,395 $10,418
1992 $1,558 $4,151 $5,947 $9,652
1991 $1,346 $3,722 $5,465 $9,131
1990 $989 $3,641 $5,373 $8,983
1989 $955 - $4,723 -
1988 $784 - $4,206 -
1987 $868 - $3,573 -
1986 $932 - $3,140 -
1985 $784 - $2,651 -
1984 $1,844 - $2,341 -
1983 $1,500 - $2,052 -
1982 $1,376 - $2,023 -
1981 $1,288 - $1,894 -
1980 $1,180 - $1,598 -
1979 $984 - $1,367 -
1978 $868 - $1,144 -
1977 $863 - $1,026 -
1976 $763 - $692 -
1975 $713 - $765 -
1974 $595 - $721 -
1973 $490 - $551 -
1972 $427 - $521 -
1971 $368 - $444 -
1970 $338 - $365 -
1969 $287.7 - $347 -
1968 $259.6 - $309 -
1967 $256.2 - $344 -
1966 $250.9 - $290 -
1965 $233.2 - $265.8 -
1964 $277.3 - $256.4 -
1963 $262.2 - $240.1 -
1962 $236.8 - $230.3 -
1961 $193.9 - $225.6 -
1960 $205.7 - $221.6 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

The Dominican Republic's GDP per capita is $11,059, ranking 83/197, compared to $25,223 in Saint Kitts and Nevis, ranking 53/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

Dominican Republic Saint Kitts
Gross domestic product
$127B
2025
$1.18B
2025
GDP rank
65/197
2025
188/197
2025
GDP growth
2.12%
2024-2025
2.69%
2024-2025
GDP per capita
$11,059
2025
$25,223
2025
GDP per capita rank
83/197
2025
53/197
2025
GDP per capita, PPP
$27,542
2024
$34,847
2024
GDP per capita PPP rank
76/197
2024
64/197
2024
Government debt
$75.2B
2025
$691M
2025
Debt-to-GDP ratio
59%
2025
58.4%
2025
Government debt per person
$6,525
2025
$14,732
2025
Government debt per person rank
73/185
2025
45/185
2025
Average annual personal income after taxes
$7,179
2026
$13,351
2026
Income share by richest 10%
29.5%
2024
n/a
Income share by poorest 10%
2.3%
2024
n/a
Government expenditure, % of GDP
19.3%
2025
42.4%
2025
Consumer prices inflation
3.87%
2024-2025
1.3%
2024-2025
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.17%
2025
5.12%
2001
Population
11656588
47031

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
Dominican Republic Saint Kitts
Government spending Government debt Government spending Government debt
2025 19.3% 59% 42.4% 58.4%
2024 19.5% 58.8% 44.4% 58.1%
2023 19.1% 60.5% 43.7% 60%
2022 18.5% 59.6% 50.4% 64.5%
2021 18.4% 62.8% 42% 73%
2020 22.2% 71.8% 37.2% 71.7%
2019 17.8% 53.5% 37.9% 57.2%
2018 16.5% 50.8% 34.2% 54.7%
2017 17.3% 49.5% 25.5% 56.2%
2016 17% 46.7% 26.1% 57.4%
2015 16.7% 44.8% 29% 62.2%
2014 17% 45% 27.4% 67.9%
2013 18.5% 46.8% 27.9% 89.3%
2012 19.8% 42.4% 26.4% 118%
2011 16% 39.1% 30.3% 127.1%
2010 16.1% 37.4% 31.2% 134.9%
2009 16.2% 36.8% 30.4% 129.1%
2008 18.5% 33.6% 29.5% 123.4%
2007 16.3% 32.9% 30.9% 130.1%
2006 17% 36% 31.2% 134.8%
2005 15.5% 38.3% 33% 124%
2004 17.3% 34.3% 32.4% 147.2%
2003 17.2% 48.2% 30% 136.6%
2002 16.5% 21.5% 34.1% 115.2%
2001 14.9% 20.4% 29.5% 100.5%
2000 14.1% 16.7% 33.3% 92.9%
1999 13.4% 16% 33.6% 89.2%
1998 12.6% 13.2% 29.1% 79%
1997 13.2% 13.8% 26.3% 67.2%
1996 11.4% 23% 26.8% 50.7%
1995 11% 25.7% 23.7% -
1994 12.1% 28.5% 22.2% -
1993 13% 36.1% 21.3% -
1992 10.4% 38.5% 19.8% -
1991 8.65% 47.3% 18.2% -
1990 9.1% 84.7% 19.3% -
1989 11.3% 62.5% - -
1988 12.8% 77% - -
1987 11.2% 86.9% - -
1986 10.4% 63.8% - -
1985 9.8% 66.3% - -
1984 9.32% 28.9% - -
1983 10.2% 32.9% - -
1982 10.2% 33.1% - -
1981 12.1% 29.8% - -
1980 12.8% 15.2% - -
1979 13.8% 24% - -
1978 12.3% 20.9% - -
1977 11.4% 16.4% - -
1976 12.5% 15.6% - -
1975 13.7% 13.1% - -
1974 14.6% 14.6% - -
1973 13.7% 14.6% - -
1972 14.1% 16.4% - -
1971 13.8% 17.8% - -
1970 13.3% 18% - -
1969 15.5% 17.4% - -
1968 15.5% 18.1% - -
1967 15% 16.2% - -
1966 15.2% 14.5% - -
1965 12.8% - - -
1964 16.7% - - -
1963 15.1% - - -
1962 15.7% - - -
1961 20% - - -
1960 20.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

In 2025, the Dominican Republic's government spending was $24.6B, accounting for 19.3% of its GDP, while Saint Kitts and Nevis spent $502M, or 42.4% of GDP.

Debt-to-GDP ratio is 59% in the Dominican Republic and 58.4% in Saint Kitts and Nevis, ranking 80/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
Dominican Republic Saint Kitts
2025 -3.56% -11.7%
2024 -3.09% -11.3%
2023 -3.28% 0.21%
2022 -3.25% -4.23%
2021 -2.92% 5.5%
2020 -7.94% -3.12%
2019 -3.46% -0.71%
2018 -2.17% 1.82%
2017 -3.12% 1.68%
2016 -3.11% 3.77%
2015 -0.03% 5.66%
2014 -2.76% 8.33%
2013 -4.41% 10.7%
2012 -6.26% 4.2%
2011 -3.07% 1.6%
2010 -2.97% -4.15%
2009 -2.9% -1.23%
2008 -3.43% -1.57%
2007 0.28% -0.99%
2006 -1.69% -1.31%
2005 -0.71% -3.29%
2004 -3.6% -6.34%
2003 -4.24% -5.49%
2002 -2.28% -11.3%
2001 -0.73% -10.4%
2000 -0.86% -12.8%
1999 -0.79% -11.1%
1998 -0.29% -5.13%
1997 -0.64% -2.33%
1996 0.14% -2.27%
1995 0.82% 0.9%
1994 -0.39% 0.79%
1993 -0.16% 0.24%
1992 2.35% 0.5%
1991 0.11% 0.92%
1990 0.39% 0.62%
1989 -0.09% -
1988 -1.68% -
1987 -0.75% -
1986 -0.57% -
1985 -1.27% -
1984 -0.95% -
1983 -1.74% -
1982 -2.4% -
1981 -1.92% -
1980 -1.82% -
1979 -3.26% -
1978 -0.82% -
1977 0.15% -
1976 -0.22% -
1975 1.37% -
1974 -0.93% -
1973 -0.53% -
1972 -1.73% -
1971 -0.85% -
1970 -0.68% -
1969 -0.99% -
1968 -0.99% -
1967 -1.68% -
1966 -2.14% -
1965 -1.84% -
1964 -1.36% -
1963 -0.39% -
1962 -1.17% -
1961 -3% -
1960 -0.61% -
1959 -0.29% -
1958 -1.29% -
1957 0.21% -
1956 -0.05% -
1955 1.47% -
1954 1.43% -
1953 2.79% -
1952 0% -
1951 -2.58% -
1950 -3.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

In 2025, the Dominican Republic's government deficit, the difference between spending and revenue, was $4.53B, equivalent to 3.56% of GDP. This compares to Saint Kitts and Nevis' deficit of $139M, or 11.7% of GDP.

Over the past 36 years, the Dominican Republic recorded a fiscal deficit in 30 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, the Dominican Republic posted an annual deficit equal to 2.06% of GDP, compared to deficit of 1.76% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
Dominican Republic

Saint Kitts and Nevis
1x
Year Consumer prices inflation
Dominican Republic Saint Kitts
2025 3.87% 1.3%
2024 3.3% 1.1%
2023 4.79% 3.6%
2022 8.81% 2.7%
2021 8.24% 1.2%
2020 3.78% -1.2%
2019 1.81% -0.3%
2018 3.56% -1%
2017 3.28% 0.7%
2016 1.61% -0.7%
2015 0.84% -2.3%
2014 3% 0.2%
2013 4.83% 1.1%
2012 3.69% 0.8%
2011 5.8% 5.8%
2010 6.33% 0.9%
2009 1.44% 2.1%
2008 10.6% 5.3%
2007 6.14% 4.5%
2006 7.57% 8.5%
2005 4.19% 3.4%
2004 51.5% 2.2%
2003 27.4% 2.3%
2002 5.22% 2.1%
2001 8.88% 2.1%
2000 7.72% 2.1%
1999 6.47% 3.4%
1998 4.83% 3.7%
1997 8.3% 8.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

Over the past 29 years, the Dominican Republic has recorded an average annual inflation rate of 7.51%, compared with 2.22% in Saint Kitts and Nevis. In 2025, inflation was 3.87% in the Dominican Republic and 1.3% in Saint Kitts and Nevis.

Top exports between countries

Dominican Republic
Export category Export value
Metals $1.78M
Processed food, beverages & tobacco $774K
Chemicals & pharma $598K
Raw agricultural goods $363K
Raw materials & minerals $293K
Machinery & equipment $220K
Wood & paper products $216K
Textiles & consumer goods $97K
Miscellaneous $4K
Animal & marine products $1K
Saint Kitts
Export category Export value
Processed food, beverages & tobacco $1K

Balance of trade

Dominican Republic Saint Kitts
Current account balance
-$1.49B
2025
-$162M
2025
Current account balance ranking
128/190
2025
88/190
2025
Current account balance, % of GDP
-1.17%
2025
-13.7%
2025
Goods imports
$29.8B
2025
$448M
2025
Goods exports
$16B
2025
$46.5M
2025
Service imports
$5.65B
2025
$259M
2025
Service exports
$14.4B
2025
$529M
2025
Imports of goods and services, % of GDP
27.9%
2025
n/a
Exports of goods and services, % of GDP
23.6%
2025
11%
2026

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Dominican Republic Saint Kitts
Economic freedom 63.8 62
Economic freedom ranking 77/197 90/197
Property rights 53.9 n/a
Government integrity 39.8 n/a
Judicial effectiveness 58 n/a
Tax burden 84.4 n/a
Government spending 89.1 n/a
Fiscal health 76.6 n/a
Business freedom 71.4 n/a
Labor freedom 53.2 n/a
Monetary freedom 72.1 n/a
Trade freedom 67.4 n/a
Investment freedom 60 n/a
Financial freedom 40 n/a

Other economic metrics

Dominican Republic Saint Kitts
Services, % of GDP
60.1%
2025
66.2%
2025
Industry, % of GDP
28.4%
2025
20.8%
2025
Agriculture, forestry, and fishing, % of GDP
4.6%
2025
1.29%
2025
GNI, Atlas method
$122B
2025
$1.15B
2025
GNI per capita, PPP
$26,980
2025
$36,430
2025
Total reserves including gold
$14.8B
2025
$282M
2025
Total reserves ranking
71/177
2025
167/177
2025
Net foreign direct investment
-$5.03B
2025
-$18.5M
2025
Net inflows of foreign direct investment
$4.48B
2024
$42.1M
2024
Net outflows of foreign direct investment
-$47.3M
2024
$8.97M
2024
Servicing debt to the IMF, % of GNI
5.61%
2024
n/a
Poverty at national poverty lines
17.3%
2025
n/a
Gross capital formation, % of GDP
24.7%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saint-kitts-and-nevis | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. TradeMap (2017–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.