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

Updated on by Georank team

France has a GDP of $3.16T compared to $1.07B for Saint Kitts and Nevis, ranking 7/197 and 188/197 by economy size, respectively.

France has $3.58T in government debt (116.3% of GDP), compared to $557M (60.2% of GDP) in Saint Kitts and Nevis.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

France
GDP, current $

GDP, constant 2015 $
Saint Kitts and Nevis
GDP, current $

GDP, constant 2015 $
Year GDP
France Saint Kitts
Current $ Constant $ Current $ Constant $
1960 $61,756,878,990 $508,897,750,935 $12,366,636 -
1961 $66,806,595,975 $533,344,343,072 $12,483,302 -
1962 $74,888,595,286 $569,994,161,067 $12,541,635 -
1963 $83,957,182,115 $605,326,016,607 $12,833,301 -
1964 $93,079,224,076 $644,223,451,498 $13,416,633 -
1965 $100,522,559,916 $675,197,188,364 $13,593,932 -
1966 $108,928,356,519 $710,376,197,079 $14,469,078 -
1967 $117,751,396,249 $745,158,757,032 $16,742,338 -
1968 $128,427,504,709 $778,321,728,133 $14,600,000 -
1969 $140,361,802,782 $833,684,910,477 $15,850,000 -
1970 $146,926,998,937 $885,376,114,120 $16,300,000 -
1971 $164,238,872,973 $932,571,962,138 $19,624,746 -
1972 $201,621,751,625 $974,886,243,665 $22,944,849 -
1973 $262,343,828,816 $1,039,326,074,354 $24,196,018 -
1974 $283,102,178,123 $1,088,078,748,925 $31,514,856 -
1975 $356,780,728,163 $1,075,844,942,666 $33,364,055 -
1976 $368,488,292,816 $1,123,030,884,958 $30,095,602 -
1977 $406,736,454,934 $1,163,152,896,909 $44,496,296 $194,002,840
1978 $501,724,418,605 $1,208,457,476,980 $49,433,333 $201,588,165
1979 $608,218,624,730 $1,253,113,736,481 $58,840,741 $216,904,179
1980 $694,529,183,483 $1,274,121,102,725 $68,459,259 $235,211,154
1981 $609,184,791,792 $1,289,261,671,632 $80,888,889 $238,849,643
1982 $578,152,310,610 $1,320,752,051,529 $86,022,222 $240,157,914
1983 $553,356,312,936 $1,337,420,703,410 $86,874,074 $243,007,917
1984 $525,033,325,828 $1,358,946,108,005 $98,603,704 $264,552,531
1985 $547,220,981,165 $1,380,268,983,034 $111,007,407 $287,171,953
1986 $764,946,585,851 $1,413,251,000,996 $130,685,185 $318,350,194
1987 $926,320,855,615 $1,449,327,712,382 $147,748,148 $339,203,231
1988 $1,010,827,662,152 $1,519,101,594,975 $172,692,593 $370,496,001
1989 $1,016,742,237,302 $1,586,020,591,646 $192,518,519 $390,798,418
1990 $1,257,649,439,827 $1,630,899,060,963 $217,259,259 $409,858,640
1991 $1,258,961,748,634 $1,651,067,777,785 $220,540,741 $402,216,051
1992 $1,389,663,073,110 $1,676,098,974,379 $242,137,037 $419,386,549
1993 $1,314,383,368,080 $1,670,081,815,759 $263,755,556 $447,913,010
1994 $1,385,822,778,828 $1,709,890,902,349 $295,159,259 $471,660,099
1995 $1,595,219,345,512 $1,749,300,344,480 $313,485,185 $497,050,235
1996 $1,598,889,216,566 $1,773,739,467,493 $333,944,444 $526,092,075
1997 $1,449,392,222,971 $1,818,562,957,062 $374,641,308 $561,992,423
1998 $1,496,906,382,032 $1,881,350,558,838 $383,257,331 $559,256,949
1999 $1,486,915,879,702 $1,945,303,460,550 $406,595,484 $577,264,388
2000 $1,360,959,069,477 $2,025,858,476,151 $421,695,770 $635,237,944
2001 $1,370,376,677,299 $2,064,338,989,613 $458,643,829 $668,609,851
2002 $1,492,427,756,382 $2,086,380,974,763 $481,077,374 $677,754,528
2003 $1,835,095,983,049 $2,106,573,536,968 $469,869,870 $651,095,767
2004 $2,109,792,297,237 $2,166,995,343,502 $506,900,000 $677,115,811
2005 $2,192,146,403,028 $2,207,920,477,337 $547,203,704 $743,018,278
2006 $2,317,861,544,691 $2,267,844,862,926 $644,414,815 $766,426,187
2007 $2,655,816,911,867 $2,325,232,266,329 $689,285,185 $771,029,360
2008 $2,926,802,941,586 $2,334,072,135,222 $777,692,593 $858,287,029
2009 $2,700,075,882,519 $2,268,145,064,849 $774,274,074 $829,064,586
2010 $2,646,230,027,988 $2,313,515,332,183 $778,718,519 $828,615,281
2011 $2,870,408,553,990 $2,369,909,039,106 $836,092,593 $842,010,736
2012 $2,683,007,095,787 $2,374,265,767,668 $824,585,185 $835,799,755
2013 $2,816,077,607,875 $2,392,826,743,357 $874,548,148 $883,668,355
2014 $2,861,236,112,552 $2,416,703,156,974 $952,111,111 $950,623,606
2015 $2,442,483,452,643 $2,442,483,452,643 $957,222,222 $957,222,222
2016 $2,470,407,619,777 $2,463,489,569,347 $1,006,818,519 $994,866,931
2017 $2,588,868,323,335 $2,514,819,204,088 $1,056,977,778 $997,065,002
2018 $2,781,576,320,884 $2,556,210,832,760 $1,076,548,148 $1,017,041,453
2019 $2,722,793,515,172 $2,608,036,638,906 $1,107,855,556 $1,046,924,639
2020 $2,647,926,055,110 $2,413,981,867,676 $883,922,222 $886,725,391
2021 $2,966,433,692,008 $2,580,120,255,052 $858,622,222 $889,985,054
2022 $2,796,302,210,399 $2,646,451,030,890 $980,188,889 $982,030,905
2023 $3,051,831,611,385 $2,671,234,714,487 $1,056,751,852 $1,024,538,679
2024 $3,162,079,073,496 $2,702,385,011,318 $1,066,681,481 $1,036,489,311

Economic indicators

France Saint Kitts
Gross domestic product
$3.16T
2024
$1.07B
2024
GDP rank
7/197
2024
188/197
2024
GDP growth
3.61%
2023-2024
0.94%
2023-2024
GDP per capita
$46,150
2024
$22,771
2024
GDP per capita rank
27/197
2024
55/197
2024
GDP per capita, PPP
$61,322
2024
$35,545
2024
Government debt
$3.58T
2024
$557M
2024
Debt-to-GDP ratio
116.3%
2025
60.2%
2025
Government debt per person
$52,199
2024
$11,885
2024
Government debt per person rank
8/185
2024
46/185
2024
Average annual personal income after taxes
$33,898
2025
$13,293
2025
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,868,031
2024
n/a
Number of billionaires
52
2025
n/a
Income share by richest 10%
25%
2023
n/a
Income share by poorest 10%
3%
2023
n/a
Government expenditure, % of GDP
57.3%
2025
41%
2025
Consumer prices inflation
2%
2023-2024
1.7%
2024-2025
Unemployment rate
7.39%
2024
5.12%
2001
Population
68701054
46977

GDP per capita in France vs Saint Kitts and Nevis

France's GDP per capita is $46,150, ranking 27/197, compared to $22,771 in Saint Kitts and Nevis, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 29th at $61,322, while Saint Kitts and Nevis ranks 63rd at $35,545.

France
GDP per capita

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

GDP per capita, PPP
Year Current $
France Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $1,303 - $221.6 -
1961 $1,395 - $225.6 -
1962 $1,548 - $230.3 -
1963 $1,718 - $240.1 -
1964 $1,884 - $256.4 -
1965 $2,015 - $265.8 -
1966 $2,165 - $290 -
1967 $2,321 - $344 -
1968 $2,513 - $309 -
1969 $2,724 - $347 -
1970 $2,825 - $365 -
1971 $3,128 - $444 -
1972 $3,807 - $521 -
1973 $4,914 - $551 -
1974 $5,267 - $721 -
1975 $6,607 - $765 -
1976 $6,795 - $692 -
1977 $7,465 - $1,026 -
1978 $9,167 - $1,144 -
1979 $11,063 - $1,367 -
1980 $12,565 - $1,598 -
1981 $10,956 - $1,894 -
1982 $10,360 - $2,023 -
1983 $9,862 - $2,052 -
1984 $9,312 - $2,341 -
1985 $9,657 - $2,651 -
1986 $13,430 - $3,140 -
1987 $16,176 - $3,573 -
1988 $17,550 - $4,206 -
1989 $17,547 - $4,723 -
1990 $21,586 $17,472 $5,373 $8,983
1991 $21,501 $18,178 $5,465 $9,131
1992 $23,615 $18,790 $5,947 $9,652
1993 $22,239 $19,071 $6,395 $10,418
1994 $23,360 $19,874 $7,065 $11,062
1995 $26,792 $20,688 $7,406 $11,747
1996 $26,758 $21,261 $7,788 $12,498
1997 $24,169 $22,185 $8,627 $13,409
1998 $24,869 $23,261 $8,711 $13,319
1999 $24,576 $24,204 $9,116 $13,754
2000 $22,341 $26,002 $9,320 $15,256
2001 $22,332 $27,350 $10,023 $16,235
2002 $24,145 $28,350 $10,454 $16,619
2003 $29,480 $28,028 $10,176 $16,226
2004 $33,645 $28,925 $10,945 $17,276
2005 $34,696 $30,431 $11,784 $19,500
2006 $36,432 $32,430 $13,838 $20,676
2007 $41,486 $34,067 $14,758 $21,301
2008 $45,465 $35,053 $16,605 $24,102
2009 $41,728 $34,667 $16,503 $23,385
2010 $40,695 $35,912 $16,623 $23,691
2011 $43,930 $37,510 $17,832 $24,550
2012 $40,864 $37,671 $17,532 $23,458
2013 $42,669 $39,583 $18,580 $24,624
2014 $43,148 $40,218 $20,219 $26,756
2015 $36,702 $40,916 $20,329 $26,877
2016 $37,024 $42,880 $21,388 $28,215
2017 $38,687 $44,469 $22,465 $29,579
2018 $41,418 $46,381 $22,901 $30,795
2019 $40,408 $51,130 $23,595 $32,482
2020 $39,170 $49,482 $18,859 $27,326
2021 $43,725 $52,517 $18,361 $26,897
2022 $41,083 $56,181 $20,985 $31,831
2023 $44,691 $58,318 $22,600 $34,368
2024 $46,150 $61,322 $22,771 $35,545

Spending and national debt comparison

In 2024, France's government spending was $1.81T, accounting for 57.3% of its GDP, while Saint Kitts and Nevis' spent $445M, or 41% of GDP.

Debt-to-GDP ratio is 116.3% in France and 60.2% in Saint Kitts and Nevis, ranking 12/185 and 79/185, respectively.

France
Government spending

Government debt
Saint Kitts and Nevis
Government spending

Government debt
Year % of GDP
France Saint Kitts
Government spending Government debt Government spending Government debt
1960 22.2% 28.5% - -
1961 21.9% 26.3% - -
1962 21.7% 23.6% - -
1963 22.6% 22.2% - -
1964 21% 19.6% - -
1965 21.1% 17.6% - -
1966 21.4% 15.3% - -
1967 21.4% 16.1% - -
1968 22.7% 15.8% - -
1969 21.5% 14.4% - -
1970 20.5% 21% - -
1971 20% 20.1% - -
1972 19.8% 17.7% - -
1973 19.7% 15.8% - -
1974 19.9% 15.4% - -
1975 22% 16.1% - -
1976 21.7% 15.1% - -
1977 21.4% 15% - -
1978 44.7% 21.2% - -
1979 44.9% 21.1% - -
1980 46% 20.7% - -
1981 48.5% 22% - -
1982 49.9% 25.3% - -
1983 50.2% 26.6% - -
1984 51.2% 29% - -
1985 51.9% 30.6% - -
1986 51.3% 31.1% - -
1987 50.7% 33.4% - -
1988 50.1% 33.3% - -
1989 48.9% 34% - -
1990 51.6% 36.8% 19.3% -
1991 52.7% 37.8% 18.2% -
1992 54% 41.7% 19.8% -
1993 56.5% 48.2% 21.3% -
1994 55.9% 51.6% 22.2% -
1995 56% 57.8% 23.7% -
1996 56% 60.6% 26.8% 50.7%
1997 55.6% 62% 26.3% 67.2%
1998 54% 62.1% 29.1% 79%
1999 53.7% 61.4% 33.6% 89.2%
2000 52.6% 59.7% 34.6% 96.5%
2001 52.8% 59.3% 30.9% 105.2%
2002 53.9% 61.3% 35.4% 119.7%
2003 54.4% 65.4% 30.9% 140.7%
2004 54% 66.9% 33.7% 153.1%
2005 54.3% 68.2% 34.7% 130.1%
2006 53.7% 65.4% 32.5% 140.3%
2007 53.6% 65.5% 32.2% 135.4%
2008 54.3% 69.8% 29.5% 123.4%
2009 58% 84.1% 30.4% 129.1%
2010 57.7% 86.3% 31.2% 134.9%
2011 57% 88.7% 30.3% 127.1%
2012 57.9% 91.7% 27.2% 121.4%
2013 58.6% 94.5% 28.6% 91.5%
2014 58.4% 96.1% 28% 69.3%
2015 57.6% 96.9% 29.1% 62.2%
2016 57.4% 98.1% 26% 57.4%
2017 57.7% 98.7% 25.5% 53.3%
2018 56.4% 98.5% 33.8% 53.9%
2019 55.3% 98.1% 37.3% 54.3%
2020 61.7% 114.8% 36.5% 68%
2021 59.5% 112.7% 41.2% 69.1%
2022 58.4% 111.3% 49.4% 60.2%
2023 56.9% 109.7% 43.3% 55.9%
2024 57.2% 113.1% 41.7% 52.2%
2025 57.3% 116.3% 41% 60.2%

Government deficit by year

In 2024, France's government deficit, the difference between spending and revenue, was -$183B, equivalent to -5.79% of GDP. This compares to Saint Kitts and Nevis' deficit of -$113M, or -10.6% of GDP.

Over the past 35 years, France recorded a fiscal deficit in 35 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, France posted an annual deficit equal to -4.18% of GDP, compared to deficit of -1.51% of GDP for Saint Kitts and Nevis.

Deficit/surplus
France

Saint Kitts and Nevis
Year Deficit/surplus, % of GDP
France Saint Kitts
1880 0.65% -
1881 0.64% -
1882 -0.15% -
1883 -0.23% -
1884 -0.35% -
1885 -0.59% -
1886 -0.5% -
1887 -0.07% -
1888 0.18% -
1889 0.09% -
1890 0.31% -
1891 0.36% -
1892 -0.03% -
1893 -0.3% -
1894 -0.08% -
1895 -0.07% -
1896 -0.03% -
1897 0.01% -
1898 0.29% -
1899 0.21% -
1900 0.21% -
1901 -0.39% -
1902 -0.37% -
1903 0.21% -
1904 0.3% -
1905 0.18% -
1906 -0.04% -
1907 0.23% -
1908 -0.15% -
1909 -0.11% -
1910 -0.12% -
1911 0.31% -
1912 0.23% -
1913 0.05% -
1914 0.05% -
1915 0.05% -
1916 0.05% -
1917 0.05% -
1918 0.05% -
1919 -2.65% -
1920 6.6% -
1921 4.63% -
1922 2.42% -
1923 1.85% -
1924 2.11% -
1925 -0.87% -
1926 -0.02% -
1927 -0.04% -
1928 1.13% -
1929 1.48% -
1930 -1.65% -
1931 -2.06% -
1932 -1.86% -
1933 -4.96% -
1934 -4.31% -
1935 -4.22% -
1936 -4.76% -
1937 -6.89% -
1938 -6.89% -
1939 -6.89% -
1940 -6.89% -
1941 -6.89% -
1942 -6.89% -
1943 -6.89% -
1944 -6.89% -
1945 -6.89% -
1946 -8.1% -
1947 -7.6% -
1948 -9.11% -
1949 -7.31% -
1950 -5.56% -
1951 -4.42% -
1952 -6.82% -
1953 -4.79% -
1954 -0.78% -
1955 -1.04% -
1956 -2.62% -
1957 -1.99% -
1958 0.08% -
1959 0.56% -
1960 -1.95% -
1961 -1.36% -
1962 -1.53% -
1963 -2.24% -
1964 -0.25% -
1965 -0.07% -
1966 -0.57% -
1967 -0.8% -
1968 -2.54% -
1969 -0.49% -
1970 0.02% -
1971 -0.13% -
1972 1.94% -
1973 1.97% -
1974 3.05% -
1975 -0.28% -
1976 1.01% -
1977 0.9% -
1978 -1.73% -
1979 -0.36% -
1980 -0.27% -
1981 -2.39% -
1982 -2.91% -
1983 -2.58% -
1984 -2.8% -
1985 -3.08% -
1986 -3.3% -
1987 -2.13% -
1988 -2.7% -
1989 -1.9% -
1990 -2.45% 0.62%
1991 -2.89% 0.92%
1992 -4.64% 0.5%
1993 -6.4% 0.24%
1994 -5.46% 0.79%
1995 -5.11% 0.9%
1996 -3.89% -2.27%
1997 -3.71% -2.33%
1998 -2.39% -5.13%
1999 -1.55% -11.1%
2000 -1.32% -13.3%
2001 -1.42% -10.9%
2002 -3.18% -11.7%
2003 -4.09% -5.66%
2004 -3.55% -6.6%
2005 -3.5% -3.45%
2006 -2.66% -1.37%
2007 -2.99% -1.03%
2008 -3.5% -1.57%
2009 -7.38% -1.23%
2010 -7.16% -4.15%
2011 -5.3% 1.6%
2012 -5.17% 4.32%
2013 -4.94% 10.9%
2014 -4.57% 8.52%
2015 -3.89% 5.66%
2016 -3.76% 3.76%
2017 -3.36% 1.68%
2018 -2.32% 1.8%
2019 -2.39% -0.7%
2020 -8.93% -3.06%
2021 -6.58% 5.41%
2022 -4.74% -4.15%
2023 -5.45% -0.28%
2024 -5.79% -10.6%
2025 -5.46% -8.54%

Inflation comparison by year

Over the past 29 years, France has recorded an average annual inflation rate of 1.62%, compared with 2.24% in Saint Kitts and Nevis. In 2024, inflation was 2% in France and 1.7% in Saint Kitts and Nevis.

Inflation
France

Saint Kitts and Nevis
Year Inflation
France Saint Kitts France Saint Kitts
1996 1.98% 2%
1997 1.2% 8.7%
1998 0.65% 3.7%
1999 0.54% 3.4%
2000 1.68% 2.1%
2001 1.63% 2.1%
2002 1.92% 2.1%
2003 2.1% 2.3%
2004 2.14% 2.2%
2005 1.75% 3.4%
2006 1.68% 8.5%
2007 1.49% 4.5%
2008 2.81% 5.3%
2009 0.09% 2.1%
2010 1.53% 0.9%
2011 2.11% 5.8%
2012 1.95% 0.8%
2013 0.86% 1.1%
2014 0.51% 0.2%
2015 0.04% -2.3%
2016 0.18% -0.7%
2017 1.03% 0.7%
2018 1.85% -1%
2019 1.11% -0.3%
2020 0.48% -1.2%
2021 1.64% 1.2%
2022 5.22% 2.7%
2023 4.88% 3.6%
2024 2% 1%
2025 - 1.7%

Top exports between countries

France
Export category Export value
Machinery & equipment $2.96M
Processed food, beverages & tobacco $669K
Chemicals & pharma $188K
Textiles & consumer goods $175K
Precious metals & jewellery $67K
Wood & paper products $17K
Raw materials & minerals $14K
Metals $8K
Miscellaneous $7K
Saint Kitts
Export category Export value

Balance of trade

France Saint Kitts
Current account balance
$2.69B
2024
-$169M
2024
Current account balance ranking
39/189
2024
94/189
2024
Current account balance, % of GDP
+0.09%
2024
-15.9%
2024
Goods imports
$733B
2024
$404M
2024
Goods exports
$668B
2024
$33.7M
2024
Service imports
$341B
2024
$239M
2024
Service exports
$403B
2024
$471M
2024
Imports of goods and services, % of GDP
34%
2024
n/a
Exports of goods and services, % of GDP
33.2%
2024
11%
2025

Economic freedom indices

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

France Saint Kitts
Economic freedom 64.4 62
Economic freedom ranking 69/197 85/197
Property rights 92.9 n/a
Government integrity 74.3 n/a
Judicial effectiveness 84.2 n/a
Tax burden 54.3 n/a
Government spending 0 n/a
Fiscal health 30 n/a
Business freedom 81.9 n/a
Labor freedom 60.2 n/a
Monetary freedom 70.3 n/a
Trade freedom 79.6 n/a
Investment freedom 75 n/a
Financial freedom 70 n/a

More economic indicators

France Saint Kitts
Services, % of GDP
70.4%
2024
65.5%
2024
Industry, % of GDP
17.5%
2024
21.1%
2024
Agriculture, forestry, and fishing, % of GDP
1.43%
2024
1.3%
2024
GNI, Atlas method
$3.1T
2024
$1.04B
2024
GNI per capita, PPP
$62,620
2024
$35,130
2024
Total reserves including gold
$283B
2024
$295M
2024
Total reserves ranking
13/177
2024
168/177
2024
Net foreign direct investment
-$10.3B
2024
-$19.5M
2024
Net inflows of foreign direct investment
$52.1B
2024
$21.9M
2024
Net outflows of foreign direct investment
$41.7B
2024
$2.4M
2024
Poverty at national poverty lines
15.6%
2021
n/a
Gross capital formation, % of GDP
21.9%
2024
n/a

GDP per capita map

GDP per capita

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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.

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.