Nicaragua vs Saint Kitts and Nevis: Economic Indicators Comparison

Nicaragua with a GDP of $13.1B ranked the 133rd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Nicaragua and Saint Kitts and Nevis ranked 148th vs 48th, respectively.

Gross Domestic Product & Income

StatNicaraguaSaint Kitts and Nevis
GDP$13.1B$1B
GDP growth, 1 year-4%2.92%
GDP growth, 5-years average3%N/A
Population6.2M55k
GDP per capita$2k$19k
GDP per capita growth-5.02%2.15%
Purchasing Power Parity conversion factor11.571.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.64
GDP per capita, PPP adjusted$5.7k$30k
GNI, Atlas method$13.1B$961.5M
GNI per capita$2k$18k
GNI, PPP adjusted$34.9B$1.5B
GNI per capita, PPP adjusted$5.4k$29k

Financial system and Human development

StatNicaraguaSaint Kitts and Nevis
Income Tax Rate30%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices5%-1%
Inflation, GDP deflator3.4%-1.5%
Unemployment4.5%5.1%
Economic Freedom Index57.262
Personal Freedom Index7.416.2
Human Freedom Index7.226.2
Property Rights Index33.5N/A
Judical Effectiveness Index19.5N/A
Business Freedom Index55.1N/A
Fiscal Health Index87.2N/A
Labor Freedom Index55.5N/A
Investment Freedom Index60N/A
Financial Freedom Index50N/A
Trade Freedom Index75.4N/A
Monetary Freedom Index71.5N/A
Government Spending Index77.5N/A
Tax Burden Index76.3N/A
Government Integrity Index24.3N/A
Corruption Perceptions Index2560
Life expectancy at birth, years74.171.3
Suicide mortality rate, per 100,000 people12.21
Mortality caused by road traffic injury, per 100,000 people15.32
Intentional homicides, per 100,000 people7.434.2
International tourism, number of arrivals1.3M125k

Government debt & reserves

StatNicaraguaSaint Kitts and Nevis
Central government debt, % of GDP37.2%59.9%
External debt stocks, % of GNI90.7%N/A
External debt stocks$11.6BN/A
Short-term debt, % of total reserves60.3%N/A
Total debt service, % of exports and primary income19%N/A
Adjusted net savings including particulate emission damage, % of GNI14.4%N/A
Gross savings, % of GDP23.6%N/A
Gross capital formation, % of GDP22.9%N/A
Total reserves including gold$2.3B$363.2M
Foreign direct investment net inflows$359.2M$93.6M

Exports, imports and economic structure

StatNicaraguaSaint Kitts and Nevis
Exports of goods and services, % of GDP42%59.9%
Imports of goods and services, % of GDP51.3%58.8%
Current account balance (balance of payments)$83M-$72.4M
Revenue excluding grants, % of GDP16.8%27.9%
Grants excluding technical cooperation, BoP$162.6M$15.6M
Personal remittances received$1.5B$25.9M
Industry including construction value added, % of GDP25.8%25.7%
Agriculture, forestry and fishing value added, % of GDP15.5%1.2%
Charges for the use of intellectual property, payments BoP$1.9M$1.8M
Charges for the use of intellectual property, receipts BoPN/A$100k
Expense, % of GDP16.7%24.3%
Government Expenditure, % of GDP27.4%N/A

Compare with countries close by GDP per capita

Nicaragua vs

CountryGDP
per capita
Population
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M