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

Updated on by Georank team

The Netherlands has a GDP of $1.21T compared to $1.12B for Saint Kitts and Nevis, ranking 19/197 and 187/197 by economy size, respectively.

The Netherlands has $532B in government debt (43.8% of GDP), compared to $604M (53.8% of GDP) in Saint Kitts and Nevis.

Netherlands vs Saint Kitts and Nevis GDP by year

Netherlands
Saint Kitts and Nevis
1x
Year GDP, current $
Netherlands Saint Kitts
2024 $1,214,927,698,573 $1,122,388,889
2023 $1,135,475,867,551 $1,055,651,852
2022 $1,046,540,797,549 $981,429,630
2021 $1,054,472,123,450 $858,622,222
2020 $932,560,861,701 $883,922,222
2019 $928,903,005,576 $1,107,855,556
2018 $929,733,599,797 $1,076,548,148
2017 $848,233,537,846 $1,056,977,778
2016 $797,163,949,290 $1,006,818,519
2015 $775,743,675,303 $957,222,222
2014 $901,556,501,756 $952,111,111
2013 $883,951,539,007 $874,548,148
2012 $845,689,017,066 $824,585,185
2011 $913,140,741,333 $836,092,593
2010 $852,464,982,433 $778,718,519
2009 $878,954,223,140 $774,274,074
2008 $957,901,566,041 $777,692,593
2007 $853,499,460,873 $689,285,185
2006 $737,593,995,289 $644,414,815
2005 $688,133,699,636 $547,203,704
2004 $661,224,886,143 $506,900,000
2003 $582,435,617,082 $469,869,870
2002 $475,529,972,123 $481,077,374
2001 $432,536,219,669 $458,643,829
2000 $417,649,282,154 $421,695,770
1999 $447,778,514,140 $406,595,484
1998 $438,612,530,549 $383,257,331
1997 $417,506,211,882 $374,641,308
1996 $451,372,549,020 $333,944,444
1995 $452,967,334,614 $313,485,185
1994 $379,688,232,232 $295,159,259
1993 $354,070,495,966 $263,755,556
1992 $363,497,050,125 $242,137,037
1991 $327,982,316,124 $220,540,741
1990 $318,799,003,994 $217,259,259
1989 $258,716,904,292 $192,518,519
1988 $262,295,966,105 $172,692,593
1987 $245,406,949,521 $147,748,148
1986 $201,157,708,221 $130,685,185
1985 $144,057,523,222 $111,007,407
1984 $144,124,462,912 $98,603,704
1983 $153,671,294,109 $86,874,074
1982 $158,712,765,536 $86,022,222
1981 $164,375,775,854 $80,888,889
1980 $195,439,301,707 $68,459,259
1979 $179,933,827,310 $58,840,741
1978 $156,089,077,205 $49,433,333
1977 $127,203,923,857 $44,496,296
1976 $109,329,386,564 $30,095,602
1975 $100,397,061,694 $33,364,055
1974 $87,371,810,804 $31,514,856
1973 $71,946,639,603 $24,196,018
1972 $54,787,070,173 $22,944,849
1971 $44,644,730,576 $19,624,746
1970 $38,220,884,519 $16,300,000
1969 $34,086,038,090 $15,850,000
1968 $30,097,635,751 $14,600,000
1967 $27,143,828,099 $16,742,338
1966 $24,741,480,717 $14,469,078
1965 $22,721,869,808 $13,593,932
1964 $20,232,048,553 $13,416,633
1963 $17,193,744,109 $12,833,301
1962 $15,847,582,341 $12,541,635
1961 $14,599,836,396 $12,483,302
1960 $13,282,979,015 $12,366,636

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

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

Netherlands
GDP per capita

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

GDP per capita, PPP
1x
Year Current $
Netherlands Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $67,520 $86,174 $23,961 $34,847
2023 $63,516 $81,729 $22,577 $33,980
2022 $59,123 $78,630 $21,012 $31,871
2021 $60,142 $68,574 $18,361 $26,897
2020 $53,468 $62,597 $18,859 $27,326
2019 $53,555 $62,345 $23,595 $32,482
2018 $53,955 $58,819 $22,901 $30,795
2017 $49,514 $56,038 $22,465 $29,579
2016 $46,809 $53,162 $21,388 $28,215
2015 $45,794 $50,957 $20,329 $26,877
2014 $53,457 $49,751 $20,219 $26,756
2013 $52,602 $49,622 $18,580 $24,624
2012 $50,474 $47,653 $17,532 $23,458
2011 $54,702 $47,004 $17,832 $24,550
2010 $51,306 $45,301 $16,623 $23,691
2009 $53,172 $44,959 $16,503 $23,385
2008 $58,247 $46,714 $16,605 $24,102
2007 $52,101 $44,203 $14,758 $21,301
2006 $45,124 $41,208 $13,838 $20,676
2005 $42,165 $37,778 $11,784 $19,500
2004 $40,611 $35,961 $10,945 $17,276
2003 $35,897 $34,286 $10,176 $16,226
2002 $29,447 $34,568 $10,454 $16,619
2001 $26,956 $33,259 $10,023 $16,235
2000 $26,225 $31,895 $9,320 $15,256
1999 $28,319 $29,316 $9,116 $13,754
1998 $27,924 $27,749 $8,711 $13,319
1997 $26,745 $26,062 $8,627 $13,409
1996 $29,064 $24,564 $7,788 $12,498
1995 $29,301 $23,480 $7,406 $11,747
1994 $24,683 $22,414 $7,065 $11,062
1993 $23,156 $21,443 $6,395 $10,418
1992 $23,939 $20,831 $5,947 $9,652
1991 $21,764 $20,177 $5,465 $9,131
1990 $21,322 $19,203 $5,373 $8,983
1989 $17,423 - $4,723 -
1988 $17,771 - $4,206 -
1987 $16,734 - $3,573 -
1986 $13,804 - $3,140 -
1985 $9,941 - $2,651 -
1984 $9,992 - $2,341 -
1983 $10,696 - $2,052 -
1982 $11,089 - $2,023 -
1981 $11,537 - $1,894 -
1980 $13,812 - $1,598 -
1979 $12,817 - $1,367 -
1978 $11,196 - $1,144 -
1977 $9,180 - $1,026 -
1976 $7,937 - $692 -
1975 $7,346 - $765 -
1974 $6,450 - $721 -
1973 $5,353 - $551 -
1972 $4,110 - $521 -
1971 $3,384 - $444 -
1970 $2,931 - $365 -
1969 $2,647 - $347 -
1968 $2,364 - $309 -
1967 $2,155 - $344 -
1966 $1,986 - $290 -
1965 $1,848 - $265.8 -
1964 $1,668 - $256.4 -
1963 $1,437 - $240.1 -
1962 $1,342 - $230.3 -
1961 $1,254 - $225.6 -
1960 $1,156 - $221.6 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

The Netherlands' GDP per capita is $67,520, ranking 13/197, compared to $23,961 in Saint Kitts and Nevis, ranking 51/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

Netherlands Saint Kitts
Gross domestic product
$1.21T
2024
$1.12B
2024
GDP rank
19/197
2024
187/197
2024
GDP growth
1.08%
2023-2024
0.31%
2023-2024
GDP per capita
$67,520
2024
$23,961
2024
GDP per capita rank
13/197
2024
51/197
2024
GDP per capita, PPP
$86,174
2024
$34,847
2024
GDP per capita PPP rank
11/197
2024
64/197
2024
Government debt
$532B
2024
$604M
2024
Debt-to-GDP ratio
43.8%
2024
53.8%
2024
Government debt per person
$29,571
2024
$12,897
2024
Government debt per person rank
24/185
2024
44/185
2024
Average annual personal income after taxes
$47,815
2026
$13,301
2026
Market capitalization of domestic companies
$1.1T
2017
n/a
Number of millionaires
1,267,000
2025
n/a
Number of billionaires
13
2025
n/a
Income share by richest 10%
21.4%
2021
n/a
Income share by poorest 10%
3.6%
2021
n/a
Government expenditure, % of GDP
44.4%
2024
43.2%
2024
Consumer prices inflation
3.35%
2023-2024
1.1%
2023-2024
Unemployment rate
3.64%
2024
5.12%
2001
Population
18252623
47017

Spending and national debt comparison by year

Netherlands
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
Netherlands Saint Kitts
Government spending Government debt Government spending Government debt
2024 44.4% 43.8% 43.2% 53.8%
2023 44% 45.9% 43.1% 55.7%
2022 43.3% 48.4% 49.5% 60.3%
2021 45.9% 50.5% 41.2% 69.1%
2020 47.8% 53.4% 36.5% 68%
2019 42.1% 47.7% 37.2% 54.3%
2018 42.4% 51.6% 33.7% 53.9%
2017 42.8% 56% 25.5% 56.2%
2016 43.9% 60.9% 26.1% 57.4%
2015 45.3% 63.8% 29% 62.2%
2014 46.7% 67.2% 28% 69.3%
2013 47.5% 67.2% 28.6% 91.5%
2012 47.6% 65.7% 27.2% 121.4%
2011 47.8% 61.2% 30.3% 127.1%
2010 48.9% 58.9% 31.2% 134.9%
2009 48.4% 56.3% 30.4% 129.1%
2008 44.3% 54.4% 29.5% 123.4%
2007 43.3% 42.7% 32.2% 135.4%
2006 44% 45% 32.5% 140.3%
2005 43.4% 49.6% 34.7% 130.1%
2004 44.7% 50.1% 33.7% 153.1%
2003 45.8% 49.8% 30.9% 140.7%
2002 44.8% 48.7% 35.4% 119.7%
2001 44.1% 49.4% 30.9% 105.2%
2000 43.2% 52.2% 34.6% 96.5%
1999 44.3% 58.6% 33.6% 89.2%
1998 44.6% 62.7% 29.1% 79%
1997 45.7% 65.7% 26.3% 67.2%
1996 47.3% 71.2% 26.8% 50.7%
1995 53.9% 73% 23.7% -
1994 49.4% 73.5% 22.2% -
1993 50.9% 76.7% 21.3% -
1992 50.2% 75.6% 19.8% -
1991 49.6% 74.8% 18.2% -
1990 48.8% 75% 19.3% -
1989 54.5% 73.7% - -
1988 56.4% 73.7% - -
1987 58.5% 71.3% - -
1986 57% 68.9% - -
1985 57.3% 67.1% - -
1984 58.1% 61.9% - -
1983 59.1% 58.4% - -
1982 59.1% 52.4% - -
1981 56.8% 46.9% - -
1980 55.2% 43.6% - -
1979 53.7% 39.5% - -
1978 52.3% 38.1% - -
1977 50.6% 34.9% - -
1976 50.8% 35.2% - -
1975 50.8% 36.1% - -
1974 46.4% 36.3% - -
1973 44.6% 38.1% - -
1972 44.9% 41.3% - -
1971 44.6% 43.7% - -
1970 43.2% 46.1% - -
1969 42.1% 48.2% - -
1968 25.4% 54.4% - -
1967 24.1% 55% - -
1966 24.4% 55.6% - -
1965 23.4% 55.8% - -
1964 22.3% 57.1% - -
1963 21.9% 61.7% - -
1962 22.1% 63.8% - -
1961 22.2% 65.9% - -
1960 20.4% 66.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, the Netherlands' government spending was $540B, accounting for 44.4% of its GDP, while Saint Kitts and Nevis spent $484M, or 43.2% of GDP.

Debt-to-GDP ratio is 43.8% in the Netherlands and 53.8% in Saint Kitts and Nevis, ranking 123/185 and 97/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
Netherlands Saint Kitts
2024 -0.94% -11%
2023 -0.37% -0.27%
2022 0.002% -4.16%
2021 -2.26% 5.41%
2020 -3.72% -3.06%
2019 1.91% -0.7%
2018 1.49% 1.8%
2017 1.35% 1.68%
2016 0.23% 3.77%
2015 -1.84% 5.66%
2014 -2.17% 8.52%
2013 -2.87% 10.9%
2012 -3.83% 4.32%
2011 -4.42% 1.6%
2010 -5.3% -4.15%
2009 -5.06% -1.23%
2008 -0.06% -1.57%
2007 -0.16% -1.03%
2006 0.04% -1.37%
2005 -0.51% -3.45%
2004 -1.82% -6.6%
2003 -3.19% -5.66%
2002 -2.23% -11.7%
2001 -0.47% -10.9%
2000 1.14% -13.3%
1999 0.28% -11.1%
1998 -1.34% -5.13%
1997 -1.6% -2.33%
1996 -1.91% -2.27%
1995 -8.72% 0.9%
1994 -3.53% 0.79%
1993 -3.13% 0.24%
1992 -3.12% 0.5%
1991 -2.05% 0.92%
1990 -4.08% 0.62%
1989 -5% -
1988 -4.23% -
1987 -5.39% -
1986 -4.62% -
1985 -3.6% -
1984 -5.25% -
1983 -5.47% -
1982 -6.17% -
1981 -4.92% -
1980 -3.95% -
1979 -2.46% -
1978 -2.09% -
1977 -0.75% -
1976 -2.02% -
1975 -2.82% -
1974 -0.26% -
1973 0.54% -
1972 -0.7% -
1971 -1.58% -
1970 -1.52% -
1969 -1.14% -
1968 -3.06% -
1967 -1.97% -
1966 -2.37% -
1965 -1.15% -
1964 -1.2% -
1963 -0.54% -
1962 -1.38% -
1961 -0.38% -
1960 0.9% -
1959 -0.74% -
1958 -0.89% -
1957 0.3% -
1956 -0.83% -
1955 -0.25% -
1954 0.76% -
1953 -2.95% -
1952 2.19% -
1951 2.13% -
1950 0.81% -
1949 2.3% -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 -3.19% -
1938 -0.37% -
1937 0.02% -
1936 -0.41% -
1935 -0.69% -
1934 -0.92% -
1933 -2.55% -
1932 -1.97% -
1931 -1.66% -
1930 -0.55% -
1929 -1.16% -
1928 -0.62% -
1927 -0.33% -
1926 -0.78% -
1925 -2.04% -
1924 -3.37% -
1923 -2.62% -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.45% -
1912 -0.47% -
1911 -0.13% -
1910 -0.93% -
1909 -0.34% -
1908 -0.57% -
1907 0.03% -
1906 0.16% -
1905 0.1% -
1904 -0.72% -
1903 0.09% -
1902 -0.14% -
1901 0.03% -
1900 0.06% -
1899 -0.13% -
1898 -0.48% -
1897 -0.45% -
1896 0.08% -
1895 -0.06% -
1894 0.12% -
1893 -0.76% -
1892 -1.72% -
1891 -0.06% -
1890 -0.06% -
1889 0.04% -
1888 -0.31% -
1887 -0.37% -
1886 -0.08% -
1885 -0.55% -
1884 0% -
1883 -2.1% -
1882 -1.11% -
1881 -1.06% -
1880 0.21% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Netherlands' government deficit, the difference between spending and revenue, was $11.5B, equivalent to 0.94% of GDP. This compares to Saint Kitts and Nevis' deficit of $123M, or 11% of GDP.

Over the past 35 years, the Netherlands recorded a fiscal deficit in 27 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, the Netherlands posted an annual deficit equal to 1.84% of GDP, compared to deficit of 1.52% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
Netherlands

Saint Kitts and Nevis
1x
Year Consumer prices inflation
Netherlands Saint Kitts
2024 3.35% 1.1%
2023 3.84% 3.56%
2022 10% 2.67%
2021 2.68% 1.2%
2020 1.27% -1.17%
2019 2.63% -0.33%
2018 1.7% -1.04%
2017 1.38% 0.69%
2016 0.32% -0.69%
2015 0.6% -2.3%
2014 0.98% 0.25%
2013 2.51% 1.11%
2012 2.46% 0.82%
2011 2.34% 5.84%
2010 1.28% 0.85%
2009 1.19% 2.06%
2008 2.49% 5.3%
2007 1.61% 4.48%
2006 1.1% 8.49%
2005 1.69% 3.38%
2004 1.26% 2.31%
2003 2.09% 2.24%
2002 3.29% 2.04%
2001 4.16% 2.3%
2000 2.36% 2.15%
1999 2.16% 3.36%
1998 1.96% 3.45%
1997 2.11% 8.91%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Netherlands has recorded an average annual inflation rate of 2.31%, compared with 2.25% in Saint Kitts and Nevis. In 2024, inflation was 3.35% in the Netherlands and 1.1% in Saint Kitts and Nevis.

Top exports between countries

Netherlands
Export category Export value
Processed food, beverages & tobacco $1.98M
Machinery & equipment $1.24M
Raw agricultural goods $475K
Precious metals & jewellery $364K
Metals $183K
Miscellaneous $73K
Textiles & consumer goods $68K
Chemicals & pharma $63K
Raw materials & minerals $56K
Animal & marine products $55K
Saint Kitts
Export category Export value
Processed food, beverages & tobacco $72K
Raw materials & minerals $1K

Balance of trade

Netherlands Saint Kitts
Current account balance
$111B
2024
-$169M
2024
Current account balance ranking
5/190
2024
96/190
2024
Current account balance, % of GDP
+9.13%
2024
-15.1%
2024
Goods imports
$606B
2024
$404M
2024
Goods exports
$693B
2024
$33.7M
2024
Service imports
$262B
2024
$239M
2024
Service exports
$308B
2024
$471M
2024
Imports of goods and services, % of GDP
71.4%
2024
n/a
Exports of goods and services, % of GDP
82.4%
2024
11%
2025

Economic freedom indices

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

Netherlands Saint Kitts
Economic freedom 78.5 62
Economic freedom ranking 11/197 90/197
Property rights 96 n/a
Government integrity 86.8 n/a
Judicial effectiveness 96.1 n/a
Tax burden 54 n/a
Government spending 42.2 n/a
Fiscal health 95.9 n/a
Business freedom 85 n/a
Labor freedom 59.3 n/a
Monetary freedom 77 n/a
Trade freedom 79.4 n/a
Investment freedom 90 n/a
Financial freedom 80 n/a

Other economic metrics

Netherlands Saint Kitts
Services, % of GDP
70.5%
2024
66.1%
2024
Industry, % of GDP
17.5%
2024
20.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.73%
2024
1.29%
2024
GNI, Atlas method
$1.12T
2024
$1.05B
2024
GNI per capita, PPP
$84,970
2024
$34,460
2024
Total reserves including gold
$79.1B
2024
$295M
2024
Total reserves ranking
34/177
2024
168/177
2024
Net foreign direct investment
$11.1B
2024
-$19.5M
2024
Net inflows of foreign direct investment
-$17.1B
2024
$42.1M
2024
Net outflows of foreign direct investment
-$5.93B
2024
$8.97M
2024
Poverty at national poverty lines
14.5%
2021
n/a
Gross capital formation, % of GDP
19.7%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2017–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.