Italy vs Saint Kitts and Nevis: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Italy and Saint Kitts and Nevis ranked 29th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Italy	Saint Kitts and Nevis
GDP	$2.1T	$1B
GDP growth, 1 year	0.9%	2.92%
GDP growth, 5-years average	0.9%	N/A
Population	60.3M	55k
GDP per capita	$34k	$19k
GDP per capita growth	0.95%	2.15%
Purchasing Power Parity conversion factor	0.7	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.82	0.64
GDP per capita, PPP adjusted	$40k	$30k
GNI, Atlas method	$2T	$961.5M
GNI per capita	$34k	$18k
GNI, PPP adjusted	$2.6T	$1.5B
GNI per capita, PPP adjusted	$42k	$29k

Financial system and Human development

Stat	Italy	Saint Kitts and Nevis
Income Tax Rate	43%	N/A
Corporate Tax Rate	27.5%	N/A
Inflation, consumer prices	1.2%	-1%
Inflation, GDP deflator	0.9%	-1.5%
Unemployment	10.2%	5.1%
Economic Freedom Index	63.8	62
Personal Freedom Index	8.79	6.2
Human Freedom Index	8.01	6.2
Property Rights Index	75.4	N/A
Judical Effectiveness Index	51.3	N/A
Business Freedom Index	70.4	N/A
Fiscal Health Index	71.1	N/A
Labor Freedom Index	50.9	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	83.2	N/A
Government Spending Index	28.5	N/A
Tax Burden Index	56	N/A
Government Integrity Index	62.2	N/A
Corruption Perceptions Index	52	60
Life expectancy at birth, years	83.2	71.3
Suicide mortality rate, per 100,000 people	8.2	1
Mortality caused by road traffic injury, per 100,000 people	5.6	2
Intentional homicides, per 100,000 people	0.7	34.2
International tourism, number of arrivals	61.6M	125k

Government debt & reserves

Stat	Italy	Saint Kitts and Nevis
Central government debt, % of GDP	132.1%	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	6%	N/A
Gross savings, % of GDP	20.8%	N/A
Gross capital formation, % of GDP	18.2%	N/A
Total reserves including gold	$152.4B	$363.2M
Foreign direct investment net inflows	$39.6B	$93.6M

Exports, imports and economic structure

Stat	Italy	Saint Kitts and Nevis
Exports of goods and services, % of GDP	31.5%	59.9%
Imports of goods and services, % of GDP	29%	58.8%
Current account balance (balance of payments)	$53.8B	-$72.4M
Revenue excluding grants, % of GDP	37.7%	27.9%
Grants excluding technical cooperation, BoP	N/A	$15.6M
Personal remittances received	$9.9B	$25.9M
Industry including construction value added, % of GDP	21.4%	25.7%
Agriculture, forestry and fishing value added, % of GDP	1.9%	1.2%
Charges for the use of intellectual property, payments BoP	$5.1B	$1.8M
Charges for the use of intellectual property, receipts BoP	$4.9B	$100k
Expense, % of GDP	41.3%	24.3%
Government Expenditure, % of GDP	48.8%	N/A