Nigeria vs Saint Kitts and Nevis: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Nigeria and Saint Kitts and Nevis ranked 149th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Nigeria	Saint Kitts and Nevis
GDP	$397.3B	$1B
GDP growth, 1 year	1.9%	2.92%
GDP growth, 5-years average	2%	N/A
Population	190.9M	55k
GDP per capita	$2k	$19k
GDP per capita growth	-0.67%	2.15%
Purchasing Power Parity conversion factor	110.03	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	0.64
GDP per capita, PPP adjusted	$6k	$30k
GNI, Atlas method	$384.8B	$961.5M
GNI per capita	$2k	$18k
GNI, PPP adjusted	$1.1T	$1.5B
GNI per capita, PPP adjusted	$5.7k	$29k

Financial system and Human development

Stat	Nigeria	Saint Kitts and Nevis
Income Tax Rate	24%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	12.1%	-1%
Inflation, GDP deflator	10.2%	-1.5%
Unemployment	6%	5.1%
Economic Freedom Index	57.2	62
Personal Freedom Index	6.01	6.2
Human Freedom Index	6.1	6.2
Property Rights Index	38.1	N/A
Judical Effectiveness Index	32.2	N/A
Business Freedom Index	54.7	N/A
Fiscal Health Index	64.1	N/A
Labor Freedom Index	84	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	62.4	N/A
Monetary Freedom Index	61.7	N/A
Government Spending Index	96.2	N/A
Tax Burden Index	85.1	N/A
Government Integrity Index	22.3	N/A
Corruption Perceptions Index	27	60
Life expectancy at birth, years	54	71.3
Suicide mortality rate, per 100,000 people	9.5	1
Mortality caused by road traffic injury, per 100,000 people	21.4	2
Intentional homicides, per 100,000 people	9.9	34.2
International tourism, number of arrivals	5.3M	125k

Government debt & reserves

Stat	Nigeria	Saint Kitts and Nevis
Central government debt, % of GDP	28.4%	59.9%
External debt stocks, % of GNI	12.4%	N/A
External debt stocks	$47B	N/A
Short-term debt, % of total reserves	0%	N/A
Total debt service, % of exports and primary income	8.3%	N/A
Adjusted net savings including particulate emission damage, % of GNI	1.4%	N/A
Gross savings, % of GDP	19.3%	N/A
Gross capital formation, % of GDP	19.8%	N/A
Total reserves including gold	$42.8B	$363.2M
Foreign direct investment net inflows	$2B	$93.6M

Exports, imports and economic structure

Stat	Nigeria	Saint Kitts and Nevis
Exports of goods and services, % of GDP	15.5%	59.9%
Imports of goods and services, % of GDP	17.5%	58.8%
Current account balance (balance of payments)	$5.3B	-$72.4M
Revenue excluding grants, % of GDP	N/A	27.9%
Grants excluding technical cooperation, BoP	$2B	$15.6M
Personal remittances received	$24.3B	$25.9M
Industry including construction value added, % of GDP	25.7%	25.7%
Agriculture, forestry and fishing value added, % of GDP	21.2%	1.2%
Charges for the use of intellectual property, payments BoP	$252.8M	$1.8M
Charges for the use of intellectual property, receipts BoP	$7.8M	$100k
Expense, % of GDP	N/A	24.3%
Government Expenditure, % of GDP	11.2%	N/A