Palau vs Saint Kitts and Nevis: Economic Indicators Comparison

Saint Kitts and Nevis with a GDP of $1B ranked the 185th largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Saint Kitts and Nevis and Palau ranked 48th vs 60th, respectively.

Gross Domestic Product & Income

Stat	Palau	Saint Kitts and Nevis
GDP	$284M	$1B
GDP growth, 1 year	1.71%	2.92%
GDP growth, 5-years average	N/A	N/A
Population	22k	55k
GDP per capita	$16k	$19k
GDP per capita growth	1.14%	2.15%
Purchasing Power Parity conversion factor	0.86	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.86	0.64
GDP per capita, PPP adjusted	$19k	$30k
GNI, Atlas method	$309.4M	$961.5M
GNI per capita	$17k	$18k
GNI, PPP adjusted	$349.4M	$1.5B
GNI per capita, PPP adjusted	$20k	$29k

Financial system and Human development

Stat	Palau	Saint Kitts and Nevis
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	1.3%	-1%
Inflation, GDP deflator	-2.5%	-1.5%
Unemployment	1.4%	5.1%
Economic Freedom Index	62	62
Personal Freedom Index	6.4	6.2
Human Freedom Index	6.4	6.2
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	49	60
Life expectancy at birth, years	69.1	71.3
Suicide mortality rate, per 100,000 people	21.7	1
Mortality caused by road traffic injury, per 100,000 people	4.8	2
Intentional homicides, per 100,000 people	3.1	34.2
International tourism, number of arrivals	106k	125k

Government debt & reserves

Stat	Palau	Saint Kitts and Nevis
Central government debt, % of GDP	67.5%	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	N/A	N/A
Gross savings, % of GDP	10.7%	N/A
Gross capital formation, % of GDP	26.7%	N/A
Total reserves including gold	N/A	$363.2M
Foreign direct investment net inflows	$21.5M	$93.6M

Exports, imports and economic structure

Stat	Palau	Saint Kitts and Nevis
Exports of goods and services, % of GDP	47%	59.9%
Imports of goods and services, % of GDP	76.3%	58.8%
Current account balance (balance of payments)	-$51.8M	-$72.4M
Revenue excluding grants, % of GDP	27.3%	27.9%
Grants excluding technical cooperation, BoP	$81.2M	$15.6M
Personal remittances received	$2.2M	$25.9M
Industry including construction value added, % of GDP	8%	25.7%
Agriculture, forestry and fishing value added, % of GDP	3.2%	1.2%
Charges for the use of intellectual property, payments BoP	N/A	$1.8M
Charges for the use of intellectual property, receipts BoP	N/A	$100k
Expense, % of GDP	41.4%	24.3%
Government Expenditure, % of GDP	N/A	N/A