Jamaica vs Saint Kitts and Nevis: Economic Indicators Comparison

Jamaica with a GDP of $15.7B ranked the 122nd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Jamaica and Saint Kitts and Nevis ranked 106th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Jamaica	Saint Kitts and Nevis
GDP	$15.7B	$1B
GDP growth, 1 year	1.4%	2.92%
GDP growth, 5-years average	1%	N/A
Population	2.9M	55k
GDP per capita	$5.4k	$19k
GDP per capita growth	1.45%	2.15%
Purchasing Power Parity conversion factor	73.98	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.57	0.64
GDP per capita, PPP adjusted	$9.4k	$30k
GNI, Atlas method	$14.6B	$961.5M
GNI per capita	$5k	$18k
GNI, PPP adjusted	$26.1B	$1.5B
GNI per capita, PPP adjusted	$8.9k	$29k

Financial system and Human development

Stat	Jamaica	Saint Kitts and Nevis
Income Tax Rate	25%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	3.7%	-1%
Inflation, GDP deflator	4.8%	-1.5%
Unemployment	9.5%	5.1%
Economic Freedom Index	68.5	62
Personal Freedom Index	7.29	6.2
Human Freedom Index	7.16	6.2
Property Rights Index	62.1	N/A
Judical Effectiveness Index	50.5	N/A
Business Freedom Index	77.7	N/A
Fiscal Health Index	80.2	N/A
Labor Freedom Index	74	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	68.4	N/A
Monetary Freedom Index	77.7	N/A
Government Spending Index	74.8	N/A
Tax Burden Index	80	N/A
Government Integrity Index	46.8	N/A
Corruption Perceptions Index	44	60
Life expectancy at birth, years	74.3	71.3
Suicide mortality rate, per 100,000 people	2.2	1
Mortality caused by road traffic injury, per 100,000 people	13.6	2
Intentional homicides, per 100,000 people	57	34.2
International tourism, number of arrivals	2.5M	125k

Government debt & reserves

Stat	Jamaica	Saint Kitts and Nevis
Central government debt, % of GDP	99.4%	59.9%
External debt stocks, % of GNI	108%	N/A
External debt stocks	$16.3B	N/A
Short-term debt, % of total reserves	56.4%	N/A
Total debt service, % of exports and primary income	20.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	15.9%	N/A
Gross savings, % of GDP	21.3%	N/A
Gross capital formation, % of GDP	23.3%	N/A
Total reserves including gold	$3.5B	$363.2M
Foreign direct investment net inflows	$774.6M	$93.6M

Exports, imports and economic structure

Stat	Jamaica	Saint Kitts and Nevis
Exports of goods and services, % of GDP	38%	59.9%
Imports of goods and services, % of GDP	51.1%	58.8%
Current account balance (balance of payments)	-$287.6M	-$72.4M
Revenue excluding grants, % of GDP	29.3%	27.9%
Grants excluding technical cooperation, BoP	$96.8M	$15.6M
Personal remittances received	$2.5B	$25.9M
Industry including construction value added, % of GDP	20.3%	25.7%
Agriculture, forestry and fishing value added, % of GDP	6.6%	1.2%
Charges for the use of intellectual property, payments BoP	$50.8M	$1.8M
Charges for the use of intellectual property, receipts BoP	$5.3M	$100k
Expense, % of GDP	26.7%	24.3%
Government Expenditure, % of GDP	29%	N/A