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

Updated on by Georank

India has a GDP of $3.96T compared to $1.18B for Saint Kitts and Nevis, ranking 6/197 and 188/197 by economy size, respectively.

India has $3.33T in government debt (84.1% of GDP), compared to $691M (58.4% of GDP) in Saint Kitts and Nevis.

India vs Saint Kitts and Nevis GDP by year

India
Saint Kitts and Nevis
1x
Year GDP, current $
India Saint Kitts
2025 $3,956,067,115,772 $1,183,514,815
2024 $3,760,813,470,501 $1,122,388,889
2023 $3,500,906,030,645 $1,055,651,852
2022 $3,249,938,492,013 $981,429,630
2021 $3,167,270,623,260 $858,622,222
2020 $2,674,851,578,587 $883,922,222
2019 $2,835,606,256,558 $1,107,855,556
2018 $2,702,929,641,649 $1,076,548,148
2017 $2,651,474,262,755 $1,056,977,778
2016 $2,294,796,885,663 $1,006,818,519
2015 $2,103,588,360,045 $957,222,222
2014 $2,039,126,479,155 $952,111,111
2013 $1,856,721,507,622 $874,548,148
2012 $1,827,637,590,410 $824,585,185
2011 $1,823,051,829,895 $836,092,593
2010 $1,675,615,519,485 $778,718,519
2009 $1,341,888,016,995 $774,274,074
2008 $1,198,895,139,006 $777,692,593
2007 $1,216,736,438,835 $689,285,185
2006 $940,259,888,788 $644,414,815
2005 $820,383,763,511 $547,203,704
2004 $709,152,728,831 $506,900,000
2003 $607,700,687,237 $469,869,870
2002 $514,939,140,319 $481,077,374
2001 $485,440,139,204 $458,643,829
2000 $468,395,521,654 $421,695,770
1999 $458,821,052,616 $406,595,484
1998 $421,351,317,225 $383,257,331
1997 $415,867,563,593 $374,641,308
1996 $392,896,866,205 $333,944,444
1995 $360,281,909,643 $313,485,185
1994 $327,274,843,459 $295,159,259
1993 $279,295,648,983 $263,755,556
1992 $288,208,070,278 $242,137,037
1991 $270,105,341,879 $220,540,741
1990 $320,979,026,420 $217,259,259
1989 $296,042,052,945 $192,518,519
1988 $296,589,670,896 $172,692,593
1987 $279,033,584,092 $147,748,148
1986 $248,985,994,041 $130,685,185
1985 $232,511,554,840 $111,007,407
1984 $212,157,645,178 $98,603,704
1983 $218,262,146,413 $86,874,074
1982 $200,715,624,831 $86,022,222
1981 $193,491,368,446 $80,888,889
1980 $186,328,579,302 $68,459,259
1979 $152,995,442,498 $58,840,741
1978 $137,302,319,829 $49,433,333
1977 $121,486,641,441 $44,496,296
1976 $102,716,451,980 $30,095,602
1975 $98,473,832,017 $33,364,055
1974 $99,526,597,934 $31,514,856
1973 $85,517,673,173 $24,196,018
1972 $71,464,700,667 $22,944,849
1971 $67,351,404,352 $19,624,746
1970 $62,422,483,055 $16,300,000
1969 $58,447,995,017 $15,850,000
1968 $53,085,455,871 $14,600,000
1967 $50,134,942,204 $16,742,338
1966 $45,581,230,504 $14,469,078
1965 $59,556,105,229 $13,593,932
1964 $56,480,289,941 $13,416,633
1963 $48,421,923,459 $12,833,301
1962 $42,161,481,858 $12,541,635
1961 $39,232,435,784 $12,483,302
1960 $37,029,883,876 $12,366,636

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

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

GDP per capita in India vs Saint Kitts and Nevis by year

India
GDP per capita

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

GDP per capita, PPP
1x
Year Current $
India Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,702 - $25,223 -
2024 $2,592 $11,160 $23,961 $34,847
2023 $2,434 $10,323 $22,577 $33,980
2022 $2,280 $9,207 $21,012 $31,871
2021 $2,240 $8,050 $18,361 $26,897
2020 $1,907 $6,966 $18,859 $27,326
2019 $2,041 $7,151 $23,595 $32,482
2018 $1,966 $6,715 $22,901 $30,795
2017 $1,950 $6,145 $22,465 $29,579
2016 $1,708 $5,800 $21,388 $28,215
2015 $1,584 $5,425 $20,329 $26,877
2014 $1,554 $5,192 $20,219 $26,756
2013 $1,433 $5,014 $18,580 $24,624
2012 $1,429 $4,820 $17,532 $23,458
2011 $1,445 $4,455 $17,832 $24,550
2010 $1,348 $4,206 $16,623 $23,691
2009 $1,095 $3,887 $16,503 $23,385
2008 $993 $3,633 $16,605 $24,102
2007 $1,022 $3,508 $14,758 $21,301
2006 $802 $3,221 $13,838 $20,676
2005 $710 $2,937 $11,784 $19,500
2004 $624 $2,682 $10,945 $17,276
2003 $544 $2,461 $10,176 $16,226
2002 $469 $2,277 $10,454 $16,619
2001 $450 $2,200 $10,023 $16,235
2000 $443 $2,091 $9,320 $15,256
1999 $442 $2,006 $9,116 $13,754
1998 $414 $1,852 $8,711 $13,319
1997 $416 $1,759 $8,627 $13,409
1996 $401 $1,695 $7,788 $12,498
1995 $375 $1,579 $7,406 $11,747
1994 $348 $1,467 $7,065 $11,062
1993 $303 $1,374 $6,395 $10,418
1992 $319 $1,309 $5,947 $9,652
1991 $306 $1,239 $5,465 $9,131
1990 $371 $1,212 $5,373 $8,983
1989 $350 - $4,723 -
1988 $358 - $4,206 -
1987 $345 - $3,573 -
1986 $315 - $3,140 -
1985 $301 - $2,651 -
1984 $281 - $2,341 -
1983 $296 - $2,052 -
1982 $278.7 - $2,023 -
1981 $275 - $1,894 -
1980 $271.1 - $1,598 -
1979 $228 - $1,367 -
1978 $209.4 - $1,144 -
1977 $189.6 - $1,026 -
1976 $164.1 - $692 -
1975 $161.1 - $765 -
1974 $166.7 - $721 -
1973 $146.6 - $551 -
1972 $125.3 - $521 -
1971 $120.7 - $444 -
1970 $114.4 - $365 -
1969 $109.5 - $347 -
1968 $101.6 - $309 -
1967 $98 - $344 -
1966 $91 - $290 -
1965 $121.5 - $265.8 -
1964 $117.9 - $256.4 -
1963 $103.4 - $240.1 -
1962 $92.2 - $230.3 -
1961 $87.9 - $225.6 -
1960 $84.9 - $221.6 -

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

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

India's GDP per capita is $2,702, ranking 149/197, compared to $25,223 in Saint Kitts and Nevis, ranking 53/197. Adjusted for purchasing power (GDP per capita PPP), India ranks 130th at $11,160, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

India Saint Kitts
Gross domestic product
$3.96T
2025
$1.18B
2025
GDP rank
6/197
2025
188/197
2025
GDP growth
7.57%
2024-2025
2.69%
2024-2025
GDP per capita
$2,702
2025
$25,223
2025
GDP per capita rank
149/197
2025
53/197
2025
GDP per capita, PPP
$11,160
2024
$34,847
2024
GDP per capita PPP rank
130/197
2024
64/197
2024
Government debt
$3.33T
2025
$691M
2025
Debt-to-GDP ratio
84.1%
2025
58.4%
2025
Government debt per person
$2,272
2025
$14,732
2025
Government debt per person rank
116/185
2025
45/185
2025
Average annual personal income after taxes
$2,974
2026
$13,351
2026
Market capitalization of domestic companies
$10.6T
2025
n/a
Number of millionaires
944,000
2026
n/a
Number of billionaires
229
2026
n/a
Income share by richest 10%
22.1%
2022
n/a
Income share by poorest 10%
4.5%
2022
n/a
Government expenditure, % of GDP
28.5%
2025
42.4%
2025
Consumer prices inflation
2.4%
2024-2025
1.3%
2024-2025
Central bank interest rate
5.25%
2025
n/a
Unemployment rate
4.51%
2025
5.12%
2001
Population
1483314140
47031

Spending and national debt comparison by year

India
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
India Saint Kitts
Government spending Government debt Government spending Government debt
2025 28.5% 84.1% 42.4% 58.4%
2024 29.3% 84.8% 44.4% 58.1%
2023 29.7% 85% 43.7% 60%
2022 30% 84.6% 50.4% 64.5%
2021 30.7% 85.7% 42% 73%
2020 31.8% 90.6% 37.2% 71.7%
2019 27.4% 76.7% 37.9% 57.2%
2018 26.8% 71.7% 34.2% 54.7%
2017 26.6% 70.8% 25.5% 56.2%
2016 27.6% 69.8% 26.1% 57.4%
2015 27.3% 69.8% 29% 62.2%
2014 26.2% 67.6% 27.4% 67.9%
2013 26.5% 68% 27.9% 89.3%
2012 27.2% 68.1% 26.4% 118%
2011 27.3% 68.7% 30.3% 127.1%
2010 27.7% 67.7% 31.2% 134.9%
2009 28.1% 72.7% 30.4% 129.1%
2008 28.3% 74.3% 29.5% 123.4%
2007 26.1% 75.4% 30.9% 130.1%
2006 25.6% 77.9% 31.2% 134.8%
2005 26% 82.4% 33% 124%
2004 28.4% 84.9% 32.4% 147.2%
2003 29.9% 85.9% 30% 136.6%
2002 29.1% 84.3% 34.1% 115.2%
2001 28.3% 80.1% 29.5% 100.5%
2000 26.1% 74.9% 33.3% 92.9%
1999 25.8% 71.3% 33.6% 89.2%
1998 26% 69.3% 29.1% 79%
1997 25.2% 69% 26.3% 67.2%
1996 24.4% 67.1% 26.8% 50.7%
1995 25% 70.9% 23.7% -
1994 26.2% 74.8% 22.2% -
1993 26.2% 78.3% 21.3% -
1992 26.7% 78.8% 19.8% -
1991 26.8% 76.7% 18.2% -
1990 25.4% 50.8% 19.3% -
1989 25.7% 50.5% - -
1988 24.9% 48.9% - -
1987 22.5% 48.9% - -
1986 23.2% 47.9% - -
1985 21.6% 44.3% - -
1984 19.8% 41.6% - -
1983 17.8% 39.6% - -
1982 17.8% 41.7% - -
1981 16.6% 37.2% - -
1980 17.5% 38% - -
1979 15.6% 32.2% - -
1978 15% 30.8% - -
1977 13.9% 29.9% - -
1976 14.4% 31.3% - -
1975 12.7% 29.5% - -
1974 11.3% 29% - -
1973 12.9% 34.1% - -
1972 13.5% 37.2% - -
1971 12.4% 37.6% - -
1970 11.7% 38.1% - -
1969 11.5% 38.8% - -
1968 12.6% 40.3% - -
1967 13.8% 38.5% - -
1966 13.8% 36.2% - -
1965 13.7% 36.8% - -
1964 13.2% 33.8% - -
1963 12.3% 35.5% - -
1962 11.5% 36.2% - -
1961 11.8% 38.7% - -
1960 11.2% 36.5% - -

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

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

In 2025, India's government spending was $1.13T, accounting for 28.5% of its GDP, while Saint Kitts and Nevis spent $502M, or 42.4% of GDP.

Debt-to-GDP ratio is 84.1% in India and 58.4% in Saint Kitts and Nevis, ranking 38/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
India

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
India Saint Kitts
2025 -7.44% -11.7%
2024 -7.85% -11.3%
2023 -8.37% 0.21%
2022 -9.23% -4.23%
2021 -9.7% 5.5%
2020 -13.2% -3.12%
2019 -7.86% -0.71%
2018 -6.46% 1.82%
2017 -6.33% 1.68%
2016 -7.21% 3.77%
2015 -7.28% 5.66%
2014 -6.9% 8.33%
2013 -6.78% 10.7%
2012 -7.32% 4.2%
2011 -8.03% 1.6%
2010 -8.53% -4.15%
2009 -9.26% -1.23%
2008 -8.15% -1.57%
2007 -3.73% -0.99%
2006 -5.11% -1.31%
2005 -6.64% -3.29%
2004 -9.22% -6.34%
2003 -11.4% -5.49%
2002 -11.1% -11.3%
2001 -11% -10.4%
2000 -8.41% -12.8%
1999 -8.7% -11.1%
1998 -9.74% -5.13%
1997 -8.28% -2.33%
1996 -6.71% -2.27%
1995 -6.81% 0.9%
1994 -8% 0.79%
1993 -8.57% 0.24%
1992 -7.89% 0.5%
1991 -7.44% 0.92%
1990 -7.63% 0.62%
1989 -7.68% -
1988 -7.01% -
1987 -9.53% -
1986 -10.6% -
1985 -9.58% -
1984 -8.54% -
1983 -7.28% -
1982 -6.78% -
1981 -6.07% -
1980 -7.27% -
1979 -4.87% -
1978 -4.45% -
1977 -4.1% -
1976 -4.1% -
1975 -3.11% -
1974 -2.3% -
1973 -3.53% -
1972 -3.14% -
1971 -2.9% -
1970 -2.35% -
1969 -2.66% -
1968 -3.98% -
1967 -4.97% -
1966 -4.18% -
1965 -4.49% -
1964 -4.41% -
1963 -4.16% -
1962 -3.3% -
1961 -4.1% -
1960 -4.05% -
1959 -5.29% -
1958 -5.08% -
1957 -3.35% -
1956 -2.93% -
1955 -2.77% -
1954 -2.61% -
1953 -1.83% -
1952 0.03% -
1951 -0.5% -
1950 -1.01% -
1949 -0.73% -
1948 -0.82% -
1947 -0.86% -
1946 -2.89% -
1945 -4.4% -
1944 -3.32% -
1943 -3.48% -
1942 -3.62% -
1941 -0.37% -
1940 -0.59% -
1939 -0.32% -
1938 -0.16% -
1937 -0.1% -
1936 -0.45% -
1935 -0.4% -
1934 -0.09% -
1933 0% -
1932 0.03% -
1931 -0.68% -
1930 -1.02% -
1929 -0.91% -
1928 -0.87% -
1927 -0.98% -
1926 -0.88% -
1925 -0.67% -
1924 -0.3% -
1923 -0.66% -
1922 -1.05% -
1921 -1.45% -
1920 -1.57% -
1919 -1.04% -
1918 -0.48% -
1917 -5.69% -
1916 0.25% -
1915 -0.51% -
1914 -0.98% -
1913 -0.85% -
1912 -0.58% -
1911 -0.42% -
1910 -0.85% -
1909 -0.7% -
1908 -1.25% -
1907 -1.22% -
1906 -0.8% -
1905 -2% -
1904 -0.53% -
1903 -0.56% -
1902 -0.56% -
1901 -0.27% -
1900 -1.06% -
1899 -0.56% -
1898 -0.49% -
1897 -1.02% -
1896 -1% -
1895 -0.41% -
1894 -0.5% -
1893 -0.59% -
1892 -0.56% -
1891 -0.64% -
1890 -0.8% -
1889 -0.45% -
1888 -1.94% -
1887 -1.28% -
1886 -0.75% -
1885 -1.48% -
1884 -1.22% -
1883 -0.81% -
1882 -0.77% -
1881 -0.05% -
1880 -0.69% -
1879 -0.39% -
1878 -0.12% -
1877 -0.84% -
1876 -0.8% -
1875 -0.87% -
1874 -0.15% -
1873 -0.28% -
1872 0.31% -
1871 0.42% -
1870 0.19% -
1869 0.01% -
1868 -0.38% -
1867 -0.12% -
1866 -0.31% -
1865 0.21% -
1864 -0.11% -
1863 -0.06% -
1862 0.15% -
1861 -0.16% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1861–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, India's government deficit, the difference between spending and revenue, was $294B, equivalent to 7.44% of GDP. This compares to Saint Kitts and Nevis' deficit of $139M, or 11.7% of GDP.

Over the past 36 years, India recorded a fiscal deficit in 36 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, India posted an annual deficit equal to 8.12% of GDP, compared to deficit of 1.76% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
India

Saint Kitts and Nevis
1x
Year Consumer prices inflation
India Saint Kitts
2025 2.4% 1.3%
2024 4.95% 1.1%
2023 5.65% 3.6%
2022 6.7% 2.7%
2021 5.13% 1.2%
2020 6.62% -1.2%
2019 3.73% -0.3%
2018 3.94% -1%
2017 3.33% 0.7%
2016 4.95% -0.7%
2015 4.91% -2.3%
2014 6.67% 0.2%
2013 10% 1.1%
2012 9.48% 0.8%
2011 8.91% 5.8%
2010 12% 0.9%
2009 10.9% 2.1%
2008 8.35% 5.3%
2007 6.37% 4.5%
2006 5.8% 8.5%
2005 4.25% 3.4%
2004 3.77% 2.2%
2003 3.81% 2.3%
2002 4.3% 2.1%
2001 3.78% 2.1%
2000 4.01% 2.1%
1999 4.67% 3.4%
1998 13.2% 3.7%
1997 7.16% 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/india/saint-kitts-and-nevis | CC BY

Over the past 29 years, India has recorded an average annual inflation rate of 6.2%, compared with 2.22% in Saint Kitts and Nevis. In 2025, inflation was 2.4% in India and 1.3% in Saint Kitts and Nevis.

Top exports between countries

India
Export category Export value
Textiles & consumer goods $1.93M
Machinery & equipment $1.26M
Metals $909K
Chemicals & pharma $790K
Raw agricultural goods $406K
Animal & marine products $114K
Processed food, beverages & tobacco $65K
Wood & paper products $62K
Raw materials & minerals $27K
Weapons & explosives $11K
Saint Kitts
Export category Export value

Balance of trade

India Saint Kitts
Current account balance
-$16.5B
2025
-$162M
2025
Current account balance ranking
182/190
2025
88/190
2025
Current account balance, % of GDP
-0.42%
2025
-13.7%
2025
Goods imports
$761B
2025
$448M
2025
Goods exports
$450B
2025
$46.5M
2025
Service imports
$203B
2025
$259M
2025
Service exports
$412B
2025
$529M
2025
Imports of goods and services, % of GDP
24%
2025
n/a
Exports of goods and services, % of GDP
22.3%
2025
11%
2026

Economic freedom indices

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

India Saint Kitts
Economic freedom 52.5 62
Economic freedom ranking 146/197 90/197
Property rights 48.3 n/a
Government integrity 37.8 n/a
Judicial effectiveness 52.6 n/a
Tax burden 71.2 n/a
Government spending 75.7 n/a
Fiscal health 6.7 n/a
Business freedom 67.4 n/a
Labor freedom 59 n/a
Monetary freedom 70.9 n/a
Trade freedom 61 n/a
Investment freedom 40 n/a
Financial freedom 40 n/a

Other economic metrics

India Saint Kitts
Services, % of GDP
49.3%
2025
66.2%
2025
Industry, % of GDP
25.2%
2025
20.8%
2025
Agriculture, forestry, and fishing, % of GDP
16.2%
2025
1.29%
2025
GNI, Atlas method
$4.04T
2025
$1.15B
2025
GNI per capita, PPP
$11,600
2025
$36,430
2025
Total reserves including gold
$700B
2025
$282M
2025
Total reserves ranking
5/177
2025
167/177
2025
Net foreign direct investment
-$3.41B
2025
-$18.5M
2025
Net inflows of foreign direct investment
$27.1B
2024
$42.1M
2024
Net outflows of foreign direct investment
$24.2B
2024
$8.97M
2024
Servicing debt to the IMF, % of GNI
2.47%
2024
n/a
Poverty at national poverty lines
21.9%
2011
n/a
Gross capital formation, % of GDP
34.6%
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/india/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) | Public Finances in Modern History (1861–1990, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.

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.