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

Updated on by Georank

Japan has a GDP of $4.44T compared to $1.18B for Saint Kitts and Nevis, ranking 4/197 and 188/197 by economy size, respectively.

Japan has $9.16T in government debt (206.5% of GDP), compared to $691M (58.4% of GDP) in Saint Kitts and Nevis.

Japan vs Saint Kitts and Nevis GDP by year

Japan
Saint Kitts and Nevis
1x
Year GDP, current $
Japan Saint Kitts
2025 $4,435,162,999,977 $1,183,514,815
2024 $4,190,008,188,359 $1,122,388,889
2023 $4,384,854,269,962 $1,055,651,852
2022 $4,447,976,207,315 $981,429,630
2021 $5,225,933,520,753 $858,622,222
2020 $5,189,197,543,645 $883,922,222
2019 $5,245,755,000,479 $1,107,855,556
2018 $5,154,293,721,630 $1,076,548,148
2017 $5,038,231,631,661 $1,056,977,778
2016 $5,110,357,383,254 $1,006,818,519
2015 $4,534,438,580,495 $957,222,222
2014 $4,985,763,289,561 $952,111,111
2013 $5,272,297,037,397 $874,548,148
2012 $6,333,803,928,788 $824,585,185
2011 $6,279,422,550,219 $836,092,593
2010 $5,811,578,109,447 $778,718,519
2009 $5,336,765,697,589 $774,274,074
2008 $5,160,197,175,876 $777,692,593
2007 $4,624,670,179,655 $689,285,185
2006 $4,648,058,930,707 $644,414,815
2005 $4,875,648,486,366 $547,203,704
2004 $4,941,485,123,807 $506,900,000
2003 $4,573,413,206,709 $469,869,870
2002 $4,245,946,980,572 $481,077,374
2001 $4,438,792,748,062 $458,643,829
2000 $5,042,381,838,343 $421,695,770
1999 $4,688,983,449,627 $406,595,484
1998 $4,150,359,076,370 $383,257,331
1997 $4,579,780,793,432 $374,641,308
1996 $5,021,441,618,840 $333,944,444
1995 $5,639,649,753,986 $313,485,185
1994 $5,104,063,486,348 $295,159,259
1993 $4,632,480,515,091 $263,755,556
1992 $4,064,529,567,505 $242,137,037
1991 $3,724,887,648,862 $220,540,741
1990 $3,252,994,239,867 $217,259,259
1989 $3,174,934,735,896 $192,518,519
1988 $3,191,546,727,316 $172,692,593
1987 $2,635,094,473,494 $147,748,148
1986 $2,164,729,071,349 $130,685,185
1985 $1,457,070,301,468 $111,007,407
1984 $1,374,165,212,365 $98,603,704
1983 $1,297,622,008,229 $86,874,074
1982 $1,183,132,285,328 $86,022,222
1981 $1,271,443,597,067 $80,888,889
1980 $1,153,159,955,513 $68,459,259
1979 $1,100,608,979,757 $58,840,741
1978 $1,057,419,758,047 $49,433,333
1977 $752,590,681,822 $44,496,296
1976 $611,495,350,304 $30,095,602
1975 $544,082,569,364 $33,364,055
1974 $500,355,087,138 $31,514,856
1973 $450,756,970,744 $24,196,018
1972 $331,776,379,992 $22,944,849
1971 $250,530,994,765 $19,624,746
1970 $221,798,003,144 $16,300,000
1969 $188,179,852,753 $15,850,000
1968 $160,201,483,788 $14,600,000
1967 $135,265,319,098 $16,742,338
1966 $115,427,351,851 $14,469,078
1965 $99,387,878,008 $13,593,932
1964 $89,332,989,729 $13,416,633
1963 $75,945,582,324 $12,833,301
1962 $66,356,388,224 $12,541,635
1961 $58,472,696,006 $12,483,302
1960 $48,417,804,545 $12,366,636

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

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

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

Japan
GDP per capita

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

GDP per capita, PPP
1x
Year Current $
Japan Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,951 - $25,223 -
2024 $33,797 $52,039 $23,961 $34,847
2023 $35,215 $50,662 $22,577 $33,980
2022 $35,548 $47,192 $21,012 $31,871
2021 $41,581 $44,355 $18,361 $26,897
2020 $41,099 $42,426 $18,859 $27,326
2019 $41,425 $42,678 $23,595 $32,482
2018 $40,645 $42,142 $22,901 $30,795
2017 $39,680 $41,444 $22,465 $29,579
2016 $40,215 $40,597 $21,388 $28,215
2015 $35,665 $40,899 $20,329 $26,877
2014 $39,173 $39,555 $20,219 $26,756
2013 $41,369 $39,402 $18,580 $24,624
2012 $49,627 $37,606 $17,532 $23,458
2011 $49,122 $36,214 $17,832 $24,550
2010 $45,378 $35,336 $16,623 $23,691
2009 $41,678 $33,543 $16,503 $23,385
2008 $40,294 $35,274 $16,605 $24,102
2007 $36,130 $35,015 $14,758 $21,301
2006 $36,354 $33,632 $13,838 $20,676
2005 $38,159 $32,170 $11,784 $19,500
2004 $38,678 $30,832 $10,945 $17,276
2003 $35,809 $29,392 $10,176 $16,226
2002 $33,316 $28,624 $10,454 $16,619
2001 $34,910 $27,943 $10,023 $16,235
2000 $39,753 $27,288 $9,320 $15,256
1999 $37,029 $25,736 $9,116 $13,754
1998 $32,835 $25,508 $8,711 $13,319
1997 $36,331 $25,619 $8,627 $13,409
1996 $39,930 $24,999 $7,788 $12,498
1995 $44,947 $23,858 $7,406 $11,747
1994 $40,774 $22,823 $7,065 $11,062
1993 $37,111 $22,168 $6,395 $10,418
1992 $32,667 $21,825 $5,947 $9,652
1991 $30,048 $21,227 $5,465 $9,131
1990 $26,345 $19,912 $5,373 $8,983
1989 $25,798 - $4,723 -
1988 $26,037 - $4,206 -
1987 $21,587 - $3,573 -
1986 $17,819 - $3,140 -
1985 $12,058 - $2,651 -
1984 $11,443 - $2,341 -
1983 $10,876 - $2,052 -
1982 $9,986 - $2,023 -
1981 $10,806 - $1,894 -
1980 $9,872 - $1,598 -
1979 $9,497 - $1,367 -
1978 $9,202 - $1,144 -
1977 $6,609 - $1,026 -
1976 $5,422 - $692 -
1975 $4,876 - $765 -
1974 $4,542 - $721 -
1973 $4,147 - $551 -
1972 $3,095 - $521 -
1971 $2,370 - $444 -
1970 $2,145 - $365 -
1969 $1,841 - $347 -
1968 $1,586 - $309 -
1967 $1,354 - $344 -
1966 $1,168 - $290 -
1965 $1,015 - $265.8 -
1964 $922 - $256.4 -
1963 $792 - $240.1 -
1962 $699 - $230.3 -
1961 $622 - $225.6 -
1960 $519 - $221.6 -

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

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

Japan's GDP per capita is $35,951, ranking 34/197, compared to $25,223 in Saint Kitts and Nevis, ranking 53/197. Adjusted for purchasing power (GDP per capita PPP), Japan ranks 41st at $52,039, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

Japan Saint Kitts
Gross domestic product
$4.44T
2025
$1.18B
2025
GDP rank
4/197
2025
188/197
2025
GDP growth
1.19%
2024-2025
2.69%
2024-2025
GDP per capita
$35,951
2025
$25,223
2025
GDP per capita rank
34/197
2025
53/197
2025
GDP per capita, PPP
$52,039
2024
$34,847
2024
GDP per capita PPP rank
41/197
2024
64/197
2024
Government debt
$9.16T
2025
$691M
2025
Debt-to-GDP ratio
206.5%
2025
58.4%
2025
Government debt per person
$74,248
2025
$14,732
2025
Government debt per person rank
3/185
2025
45/185
2025
Average annual personal income after taxes
$22,962
2026
$13,351
2026
Market capitalization of domestic companies
$7.61T
2025
n/a
Number of millionaires
2,902,000
2026
n/a
Number of billionaires
41
2026
n/a
Income share by richest 10%
24.3%
2020
n/a
Income share by poorest 10%
2.3%
2020
n/a
Government expenditure, % of GDP
36.9%
2025
42.4%
2025
Consumer prices inflation
3.17%
2024-2025
1.3%
2024-2025
Central bank interest rate
0.75%
2025
n/a
Unemployment rate
2.5%
2025
5.12%
2001
Population
122704252
47031

Spending and national debt comparison by year

Japan
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
Japan Saint Kitts
Government spending Government debt Government spending Government debt
2025 36.9% 206.5% 42.4% 58.4%
2024 37.3% 214.5% 44.4% 58.1%
2023 37.8% 220.3% 43.7% 60%
2022 40.2% 227.8% 50.4% 64.5%
2021 41.3% 222.7% 42% 73%
2020 43.6% 228.8% 37.2% 71.7%
2019 36.4% 206.3% 37.9% 57.2%
2018 36% 203.7% 34.2% 54.7%
2017 35.9% 203.1% 25.5% 56.2%
2016 36.5% 202.1% 26.1% 57.4%
2015 36.6% 200.1% 29% 62.2%
2014 37.8% 203.6% 27.4% 67.9%
2013 38.4% 201.2% 27.9% 89.3%
2012 38.4% 197.1% 26.4% 118%
2011 38.4% 190.6% 30.3% 127.1%
2010 37.4% 178.6% 31.2% 134.9%
2009 38.3% 172.9% 30.4% 129.1%
2008 33.7% 153.6% 29.5% 123.4%
2007 32.8% 150.4% 30.9% 130.1%
2006 32.7% 152.1% 31.2% 134.8%
2005 33.2% 153.4% 33% 124%
2004 33.3% 148.8% 32.4% 147.2%
2003 34.6% 140.2% 30% 136.6%
2002 34.9% 134.6% 34.1% 115.2%
2001 34.7% 126.8% 29.5% 100.5%
2000 35.4% 118.5% 33.3% 92.9%
1999 35.2% 113.5% 33.6% 89.2%
1998 38.1% 101.6% 29.1% 79%
1997 32.4% 91.3% 26.3% 67.2%
1996 33.1% 85.3% 26.8% 50.7%
1995 32.8% 80.7% 23.7% -
1994 32.1% 73.3% 22.2% -
1993 31.4% 63.2% 21.3% -
1992 29.6% 57.9% 19.8% -
1991 28.6% 54.1% 18.2% -
1990 28.8% 54.8% 19.3% -
1989 29.2% 65.7% - -
1988 29.9% 71.9% - -
1987 30.6% 75.8% - -
1986 30.4% 74.1% - -
1985 30.4% 68.3% - -
1984 31.2% 65.6% - -
1983 31.8% 63.5% - -
1982 31.7% 57.7% - -
1981 31.5% 52.8% - -
1980 33.5% 47.8% - -
1979 33.2% 43.8% - -
1978 32.1% 39% - -
1977 30.4% 31.1% - -
1976 29.1% 26.1% - -
1975 28.5% 20.9% - -
1974 25.5% 16.7% - -
1973 23.3% 15.9% - -
1972 23.1% 16.3% - -
1971 21.8% 12.6% - -
1970 20.2% 11.2% - -
1969 19.8% 11.4% - -
1968 20.1% 11.8% - -
1967 19.9% 11.4% - -
1966 20.8% 11.2% - -
1965 20.4% 9.78% - -
1964 19.8% 8.53% - -
1963 20% 8.66% - -
1962 19.4% 9.01% - -
1961 18.2% 8.44% - -
1960 18.4% 10.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Japan's government spending was $1.63T, accounting for 36.9% of its GDP, while Saint Kitts and Nevis spent $502M, or 42.4% of GDP.

Debt-to-GDP ratio is 206.5% in Japan and 58.4% in Saint Kitts and Nevis, ranking 3/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Japan

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
Japan Saint Kitts
2025 -1.05% -11.7%
2024 -1.67% -11.3%
2023 -2.39% 0.21%
2022 -4.23% -4.23%
2021 -6.32% 5.5%
2020 -9.04% -3.12%
2019 -3.05% -0.71%
2018 -2.44% 1.82%
2017 -3.05% 1.68%
2016 -3.58% 3.77%
2015 -3.64% 5.66%
2014 -5.58% 8.33%
2013 -7.62% 10.7%
2012 -8.22% 4.2%
2011 -9.02% 1.6%
2010 -9.05% -4.15%
2009 -9.62% -1.23%
2008 -4.07% -1.57%
2007 -2.86% -0.99%
2006 -3% -1.31%
2005 -4.39% -3.29%
2004 -5.26% -6.34%
2003 -7.35% -5.49%
2002 -7.22% -11.3%
2001 -6.11% -10.4%
2000 -7.17% -12.8%
1999 -6.68% -11.1%
1998 -9.91% -5.13%
1997 -3.44% -2.33%
1996 -4.75% -2.27%
1995 -4.22% 0.9%
1994 -3.7% 0.79%
1993 -2.34% 0.24%
1992 0.56% 0.5%
1991 1.64% 0.92%
1990 1.91% 0.62%
1989 1.23% -
1988 0.49% -
1987 -0.36% -
1986 -1.36% -
1985 -1.37% -
1984 -2.62% -
1983 -3.95% -
1982 -3.81% -
1981 -3.85% -
1980 -4.66% -
1979 -5% -
1978 -5.79% -
1977 -4.02% -
1976 -3.89% -
1975 -2.92% -
1974 0.38% -
1973 0.56% -
1972 -0.13% -
1971 1.21% -
1970 1.74% -
1969 1.26% -
1968 0.88% -
1967 0.8% -
1966 -0.34% -
1965 0.48% -
1964 0.85% -
1963 1.08% -
1962 1.49% -
1961 2.58% -
1960 1.85% -
1959 0.97% -
1958 -0.1% -
1957 1.27% -
1956 1.39% -
1955 -0.67% -
1954 0.7% -
1953 1.65% -
1952 2.22% -
1951 5.06% -
1950 6.99% -
1949 12.5% -
1948 7.53% -
1947 6.09% -
1946 - -
1945 - -
1944 - -
1943 0.32% -
1942 -0.13% -
1941 -0.19% -
1940 0.31% -
1939 0.11% -
1938 0.45% -
1937 0.71% -
1936 0.34% -
1935 0.26% -
1934 0.34% -
1933 0.28% -
1932 0.31% -
1931 0.23% -
1930 0.19% -
1929 0.5% -
1928 0.42% -
1927 0.58% -
1926 0.65% -
1925 0.75% -
1924 0.84% -
1923 0.87% -
1922 0.89% -
1921 1.43% -
1920 1.19% -
1919 1.21% -
1918 1.58% -
1917 1.54% -
1916 1.37% -
1915 1.41% -
1914 1.31% -
1913 1.21% -
1912 1.27% -
1911 1.21% -
1910 1.57% -
1909 1.51% -
1908 1.63% -
1907 1.77% -
1906 0.46% -
1905 -0.68% -
1904 -0.81% -
1903 0.19% -
1902 0.44% -
1901 0.21% -
1900 0.53% -
1899 0.2% -
1898 0.6% -
1897 0.33% -
1896 0.88% -
1895 0.28% -
1894 -0.24% -
1893 0.6% -
1892 0.63% -
1891 0.61% -
1890 0.74% -
1889 0.18% -
1888 0.13% -
1887 0.11% -
1886 0.03% -
1885 0.01% -
1884 0.001% -
1883 0.03% -
1882 0.001% -
1881 0.001% -
1880 0.004% -
1879 0.02% -
1878 0.02% -
1877 -0.29% -
1876 -0.42% -
1875 0.005% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Japan's government deficit, the difference between spending and revenue, was $46.7B, equivalent to 1.05% of GDP. This compares to Saint Kitts and Nevis' deficit of $139M, or 11.7% of GDP.

Over the past 36 years, Japan recorded a fiscal deficit in 33 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, Japan posted an annual deficit equal to 4.66% of GDP, compared to deficit of 1.76% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
Japan

Saint Kitts and Nevis
1x
Year Consumer prices inflation
Japan Saint Kitts
2025 3.17% 1.3%
2024 2.74% 1.1%
2023 3.27% 3.6%
2022 2.5% 2.7%
2021 -0.23% 1.2%
2020 -0.02% -1.2%
2019 0.47% -0.3%
2018 0.99% -1%
2017 0.48% 0.7%
2016 -0.13% -0.7%
2015 0.8% -2.3%
2014 2.76% 0.2%
2013 0.34% 1.1%
2012 -0.04% 0.8%
2011 -0.27% 5.8%
2010 -0.73% 0.9%
2009 -1.35% 2.1%
2008 1.38% 5.3%
2007 0.06% 4.5%
2006 0.25% 8.5%
2005 -0.28% 3.4%
2004 -0.009% 2.2%
2003 -0.26% 2.3%
2002 -0.92% 2.1%
2001 -0.74% 2.1%
2000 -0.68% 2.1%
1999 -0.34% 3.4%
1998 0.66% 3.7%
1997 1.75% 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/japan/saint-kitts-and-nevis | CC BY

Over the past 29 years, Japan has recorded an average annual inflation rate of 0.54%, compared with 2.22% in Saint Kitts and Nevis. In 2025, inflation was 3.17% in Japan and 1.3% in Saint Kitts and Nevis.

Top exports between countries

Japan
Export category Export value
Machinery & equipment $8.73M
Miscellaneous $495K
Raw materials & minerals $14K
Metals $7K
Textiles & consumer goods $4K
Wood & paper products $3K
Saint Kitts
Export category Export value

Balance of trade

Japan Saint Kitts
Current account balance
$216B
2025
-$162M
2025
Current account balance ranking
3/190
2025
88/190
2025
Current account balance, % of GDP
+4.86%
2025
-13.7%
2025
Goods imports
$729B
2025
$448M
2025
Goods exports
$725B
2025
$46.5M
2025
Service imports
$269B
2025
$259M
2025
Service exports
$246B
2025
$529M
2025
Imports of goods and services, % of GDP
22.9%
2024
n/a
Exports of goods and services, % of GDP
22%
2024
11%
2026

Economic freedom indices

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

Japan Saint Kitts
Economic freedom 70.3 62
Economic freedom ranking 36/197 90/197
Property rights 94.2 n/a
Government integrity 81.1 n/a
Judicial effectiveness 97.9 n/a
Tax burden 63 n/a
Government spending 52 n/a
Fiscal health 41.7 n/a
Business freedom 77.8 n/a
Labor freedom 65.9 n/a
Monetary freedom 74.3 n/a
Trade freedom 76.2 n/a
Investment freedom 60 n/a
Financial freedom 60 n/a

Other economic metrics

Japan Saint Kitts
Services, % of GDP
71.4%
2024
66.2%
2025
Industry, % of GDP
26.8%
2024
20.8%
2025
Agriculture, forestry, and fishing, % of GDP
0.96%
2024
1.29%
2025
GNI, Atlas method
$4.73T
2025
$1.15B
2025
GNI per capita, PPP
$58,920
2025
$36,430
2025
Total reserves including gold
$1.37T
2025
$282M
2025
Total reserves ranking
3/177
2025
167/177
2025
Net foreign direct investment
$172B
2025
-$18.5M
2025
Net inflows of foreign direct investment
$18.9B
2024
$42.1M
2024
Net outflows of foreign direct investment
$207B
2024
$8.97M
2024
Poverty at national poverty lines
16.1%
2020
n/a
Gross capital formation, % of GDP
27.7%
2024
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/japan/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 (1875–1989, 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 (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.

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.