Luxembourg vs Saint Kitts and Nevis: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Luxembourg and Saint Kitts and Nevis ranked 3rd vs 48th, respectively.

Gross Domestic Product & Income

Stat	Luxembourg	Saint Kitts and Nevis
GDP	$70.9B	$1B
GDP growth, 1 year	3%	2.92%
GDP growth, 5-years average	3%	N/A
Population	626k	55k
GDP per capita	$117k	$19k
GDP per capita growth	1.18%	2.15%
Purchasing Power Parity conversion factor	0.87	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	1.03	0.64
GDP per capita, PPP adjusted	$107k	$30k
GNI, Atlas method	$43.1B	$961.5M
GNI per capita	$71k	$18k
GNI, PPP adjusted	$43.9B	$1.5B
GNI per capita, PPP adjusted	$72k	$29k

Financial system and Human development

Stat	Luxembourg	Saint Kitts and Nevis
Income Tax Rate	42%	N/A
Corporate Tax Rate	18%	N/A
Inflation, consumer prices	2%	-1%
Inflation, GDP deflator	2.5%	-1.5%
Unemployment	5.5%	5.1%
Economic Freedom Index	75.8	62
Personal Freedom Index	9.1	6.2
Human Freedom Index	8.46	6.2
Property Rights Index	86.4	N/A
Judical Effectiveness Index	74.4	N/A
Business Freedom Index	66.8	N/A
Fiscal Health Index	99	N/A
Labor Freedom Index	45.3	N/A
Investment Freedom Index	95	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	76.4	N/A
Government Spending Index	45.4	N/A
Tax Burden Index	64.1	N/A
Government Integrity Index	90.3	N/A
Corruption Perceptions Index	81	60
Life expectancy at birth, years	82.7	71.3
Suicide mortality rate, per 100,000 people	13.5	1
Mortality caused by road traffic injury, per 100,000 people	6.3	2
Intentional homicides, per 100,000 people	0.3	34.2
International tourism, number of arrivals	1M	125k

Government debt & reserves

Stat	Luxembourg	Saint Kitts and Nevis
Central government debt, % of GDP	21.8%	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	20.9%	N/A
Gross savings, % of GDP	17.4%	N/A
Gross capital formation, % of GDP	17.6%	N/A
Total reserves including gold	$938.9M	$363.2M
Foreign direct investment net inflows	-$5.6B	$93.6M

Exports, imports and economic structure

Stat	Luxembourg	Saint Kitts and Nevis
Exports of goods and services, % of GDP	211.6%	59.9%
Imports of goods and services, % of GDP	175.5%	58.8%
Current account balance (balance of payments)	$3.4B	-$72.4M
Revenue excluding grants, % of GDP	40.9%	27.9%
Grants excluding technical cooperation, BoP	N/A	$15.6M
Personal remittances received	$2.1B	$25.9M
Industry including construction value added, % of GDP	11.8%	25.7%
Agriculture, forestry and fishing value added, % of GDP	0.2%	1.2%
Charges for the use of intellectual property, payments BoP	$5B	$1.8M
Charges for the use of intellectual property, receipts BoP	$2.4B	$100k
Expense, % of GDP	38.7%	24.3%
Government Expenditure, % of GDP	42.7%	N/A