Saint Kitts and Nevis ranked 187/197 by economy size with a GDP of $1.12B and 51/197 by GDP per capita at $23,961. Saint Kitts and Nevis has $604M in government debt, with a debt-to-GDP ratio of 53.8%.
In 2024, Saint Kitts and Nevis made up 0.001% of the world's economy, compared to 0.0009% in 1960.
Saint Kitts and Nevis GDP & GDP growth by year
| Year | GDP | GDP growth |
|---|---|---|
| 2024 | $1,122,388,889 | 0.31% |
| 2023 | $1,055,651,852 | 3.02% |
| 2022 | $981,429,630 | 10.5% |
| 2021 | $858,622,222 | 0.37% |
| 2020 | $883,922,222 | -15.3% |
| 2019 | $1,107,855,556 | 2.94% |
| 2018 | $1,076,548,148 | 2% |
| 2017 | $1,056,977,778 | 0.22% |
| 2016 | $1,006,818,519 | 3.93% |
| 2015 | $957,222,222 | 0.69% |
| 2014 | $952,111,111 | 7.58% |
| 2013 | $874,548,148 | 5.73% |
| 2012 | $824,585,185 | -0.74% |
| 2011 | $836,092,593 | 1.62% |
| 2010 | $778,718,519 | -0.05% |
| 2009 | $774,274,074 | -3.4% |
| 2008 | $777,692,593 | 11.3% |
| 2007 | $689,285,185 | 0.6% |
| 2006 | $644,414,815 | 3.15% |
| 2005 | $547,203,704 | 9.73% |
| 2004 | $506,900,000 | 4% |
| 2003 | $469,869,870 | -3.93% |
| 2002 | $481,077,374 | 1.37% |
| 2001 | $458,643,829 | 5.25% |
| 2000 | $421,695,770 | 10% |
| 1999 | $406,595,484 | 3.22% |
| 1998 | $383,257,331 | -0.49% |
| 1997 | $374,641,308 | 6.82% |
| 1996 | $333,944,444 | 5.84% |
| 1995 | $313,485,185 | 5.38% |
| 1994 | $295,159,259 | 5.3% |
| 1993 | $263,755,556 | 6.8% |
| 1992 | $242,137,037 | 4.27% |
| 1991 | $220,540,741 | -1.86% |
| 1990 | $217,259,259 | 4.88% |
| 1989 | $192,518,519 | 5.48% |
| 1988 | $172,692,593 | 9.23% |
| 1987 | $147,748,148 | 6.55% |
| 1986 | $130,685,185 | 10.9% |
| 1985 | $111,007,407 | 8.55% |
| 1984 | $98,603,704 | 8.87% |
| 1983 | $86,874,074 | 1.19% |
| 1982 | $86,022,222 | 0.55% |
| 1981 | $80,888,889 | 1.55% |
| 1980 | $68,459,259 | 8.44% |
| 1979 | $58,840,741 | 7.6% |
| 1978 | $49,433,333 | 3.91% |
| 1977 | $44,496,296 | - |
| 1976 | $30,095,602 | - |
| 1975 | $33,364,055 | - |
| 1974 | $31,514,856 | - |
| 1973 | $24,196,018 | - |
| 1972 | $22,944,849 | - |
| 1971 | $19,624,746 | - |
| 1970 | $16,300,000 | - |
| 1969 | $15,850,000 | - |
| 1968 | $14,600,000 | - |
| 1967 | $16,742,338 | - |
| 1966 | $14,469,078 | - |
| 1965 | $13,593,932 | - |
| 1964 | $13,416,633 | - |
| 1963 | $12,833,301 | - |
| 1962 | $12,541,635 | - |
| 1961 | $12,483,302 | - |
| 1960 | $12,366,636 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/saint-kitts-and-nevis | CC BY 
Saint Kitts and Nevis GDP per capita by year
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 2024 | $23,961 | $34,847 |
| 2023 | $22,577 | $33,980 |
| 2022 | $21,012 | $31,871 |
| 2021 | $18,361 | $26,897 |
| 2020 | $18,859 | $27,326 |
| 2019 | $23,595 | $32,482 |
| 2018 | $22,901 | $30,795 |
| 2017 | $22,465 | $29,579 |
| 2016 | $21,388 | $28,215 |
| 2015 | $20,329 | $26,877 |
| 2014 | $20,219 | $26,756 |
| 2013 | $18,580 | $24,624 |
| 2012 | $17,532 | $23,458 |
| 2011 | $17,832 | $24,550 |
| 2010 | $16,623 | $23,691 |
| 2009 | $16,503 | $23,385 |
| 2008 | $16,605 | $24,102 |
| 2007 | $14,758 | $21,301 |
| 2006 | $13,838 | $20,676 |
| 2005 | $11,784 | $19,500 |
| 2004 | $10,945 | $17,276 |
| 2003 | $10,176 | $16,226 |
| 2002 | $10,454 | $16,619 |
| 2001 | $10,023 | $16,235 |
| 2000 | $9,320 | $15,256 |
| 1999 | $9,116 | $13,754 |
| 1998 | $8,711 | $13,319 |
| 1997 | $8,627 | $13,409 |
| 1996 | $7,788 | $12,498 |
| 1995 | $7,406 | $11,747 |
| 1994 | $7,065 | $11,062 |
| 1993 | $6,395 | $10,418 |
| 1992 | $5,947 | $9,652 |
| 1991 | $5,465 | $9,131 |
| 1990 | $5,373 | $8,983 |
| 1989 | $4,723 | - |
| 1988 | $4,206 | - |
| 1987 | $3,573 | - |
| 1986 | $3,140 | - |
| 1985 | $2,651 | - |
| 1984 | $2,341 | - |
| 1983 | $2,052 | - |
| 1982 | $2,023 | - |
| 1981 | $1,894 | - |
| 1980 | $1,598 | - |
| 1979 | $1,367 | - |
| 1978 | $1,144 | - |
| 1977 | $1,026 | - |
| 1976 | $692 | - |
| 1975 | $765 | - |
| 1974 | $721 | - |
| 1973 | $551 | - |
| 1972 | $521 | - |
| 1971 | $444 | - |
| 1970 | $365 | - |
| 1969 | $347 | - |
| 1968 | $309 | - |
| 1967 | $344 | - |
| 1966 | $290 | - |
| 1965 | $265.8 | - |
| 1964 | $256.4 | - |
| 1963 | $240.1 | - |
| 1962 | $230.3 | - |
| 1961 | $225.6 | - |
| 1960 | $221.6 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/saint-kitts-and-nevis | CC BY
Saint Kitts and Nevis has a GDP per capita of $23,961, ranking 51/197, a GDP per capita based on purchasing power parity (PPP) of $34,847, ranking 64/197, and a median annual after tax income of $13,301, ranking 61/197.
Saint Kitts and Nevis GDP rankings by year
| Year | Rank | ||
|---|---|---|---|
| GDP | GDP per capita | GDP per capita, PPP | |
| 2024 | 176 | 48 | 58 |
| 2023 | 183 | 50 | 59 |
| 2022 | 183 | 48 | 59 |
| 2021 | 184 | 52 | 61 |
| 2020 | 183 | 47 | 55 |
| 2019 | 182 | 42 | 50 |
| 2018 | 183 | 43 | 48 |
| 2017 | 183 | 40 | 49 |
| 2016 | 183 | 40 | 49 |
| 2015 | 184 | 41 | 50 |
| 2014 | 183 | 45 | 47 |
| 2013 | 183 | 49 | 51 |
| 2012 | 183 | 49 | 52 |
| 2011 | 184 | 49 | 49 |
| 2010 | 184 | 49 | 50 |
| 2009 | 183 | 47 | 50 |
| 2008 | 182 | 52 | 50 |
| 2007 | 183 | 51 | 51 |
| 2006 | 180 | 49 | 50 |
| 2005 | 182 | 49 | 49 |
| 2004 | 181 | 47 | 50 |
| 2003 | 182 | 46 | 49 |
| 2002 | 179 | 45 | 47 |
| 2001 | 180 | 45 | 47 |
| 2000 | 179 | 46 | 48 |
| 1999 | 177 | 44 | 48 |
| 1998 | 175 | 43 | 48 |
| 1997 | 176 | 44 | 47 |
| 1996 | 174 | 44 | 45 |
| 1995 | 175 | 44 | 45 |
| 1994 | 171 | 45 | 45 |
| 1993 | 171 | 47 | 46 |
| 1992 | 170 | 48 | 47 |
| 1991 | 171 | 48 | 48 |
| 1990 | 168 | 50 | 49 |
| 1989 | 153 | 46 | - |
| 1988 | 154 | 47 | - |
| 1987 | 153 | 49 | - |
| 1986 | 149 | 51 | - |
| 1985 | 150 | 54 | - |
| 1984 | 149 | 59 | - |
| 1983 | 147 | 62 | - |
| 1982 | 147 | 66 | - |
| 1981 | 148 | 67 | - |
| 1980 | 148 | 72 | - |
| 1979 | 139 | 70 | - |
| 1978 | 139 | 71 | - |
| 1977 | 139 | 71 | - |
| 1976 | 138 | 77 | - |
| 1975 | 137 | 69 | - |
| 1974 | 137 | 71 | - |
| 1973 | 137 | 72 | - |
| 1972 | 135 | 66 | - |
| 1971 | 135 | 64 | - |
| 1970 | 136 | 72 | - |
| 1969 | 121 | 59 | - |
| 1968 | 121 | 63 | - |
| 1967 | 118 | 52 | - |
| 1966 | 117 | 60 | - |
| 1965 | 116 | 67 | - |
| 1964 | 113 | 60 | - |
| 1963 | 113 | 61 | - |
| 1962 | 113 | 62 | - |
| 1961 | 110 | 60 | - |
| 1960 | 108 | 60 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/saint-kitts-and-nevis | CC BY
Compared with 2000, in 2024 Saint Kitts and Nevis is ranked 176th out of 182 by GDP (up from 179th), 48th by GDP per capita (down from 46th), and 58th by GDP per capita PPP (down from 48th).
Economic indicators
Saint Kitts
|
Rank | |
|---|---|---|
| Gross domestic product |
$1.12B
2024 |
187/197 |
| GDP growth |
0.31%
2023-2024 |
171/194 |
| GDP per capita |
$23,961
2024 |
51/197 |
| GDP per capita, PPP |
$34,847
2024 |
64/197 |
| Government debt |
$604M
2024 |
173/185 |
| Debt-to-GDP ratio |
53.8%
2024 |
97/185 |
| Government debt per person |
$12,897
2024 |
44/185 |
| Average annual personal income after taxes |
$13,301
2026 |
61/197 |
| Government expenditure, % of GDP |
43.2%
2024 |
42/195 |
| Consumer prices inflation |
1.1%
2023-2024 |
167/195 |
| Unemployment rate |
5.12%
2001 |
101/196 |
| Population |
47017
|
189/197 |
Government spending, deficit, and debt by year
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 2024 | 43.2% | 53.8% | -11% |
| 2023 | 43.1% | 55.7% | -0.27% |
| 2022 | 49.5% | 60.3% | -4.16% |
| 2021 | 41.2% | 69.1% | 5.41% |
| 2020 | 36.5% | 68% | -3.06% |
| 2019 | 37.2% | 54.3% | -0.7% |
| 2018 | 33.7% | 53.9% | 1.8% |
| 2017 | 25.5% | 56.2% | 1.68% |
| 2016 | 26.1% | 57.4% | 3.77% |
| 2015 | 29% | 62.2% | 5.66% |
| 2014 | 28% | 69.3% | 8.52% |
| 2013 | 28.6% | 91.5% | 10.9% |
| 2012 | 27.2% | 121.4% | 4.32% |
| 2011 | 30.3% | 127.1% | 1.6% |
| 2010 | 31.2% | 134.9% | -4.15% |
| 2009 | 30.4% | 129.1% | -1.23% |
| 2008 | 29.5% | 123.4% | -1.57% |
| 2007 | 32.2% | 135.4% | -1.03% |
| 2006 | 32.5% | 140.3% | -1.37% |
| 2005 | 34.7% | 130.1% | -3.45% |
| 2004 | 33.7% | 153.1% | -6.6% |
| 2003 | 30.9% | 140.7% | -5.66% |
| 2002 | 35.4% | 119.7% | -11.7% |
| 2001 | 30.9% | 105.2% | -10.9% |
| 2000 | 34.6% | 96.5% | -13.3% |
| 1999 | 33.6% | 89.2% | -11.1% |
| 1998 | 29.1% | 79% | -5.13% |
| 1997 | 26.3% | 67.2% | -2.33% |
| 1996 | 26.8% | 50.7% | -2.27% |
| 1995 | 23.7% | - | 0.9% |
| 1994 | 22.2% | - | 0.79% |
| 1993 | 21.3% | - | 0.24% |
| 1992 | 19.8% | - | 0.5% |
| 1991 | 18.2% | - | 0.92% |
| 1990 | 19.3% | - | 0.62% |
Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).
GeoRank.org/economy/saint-kitts-and-nevis | CC BY
This chart shows Saint Kitts and Nevis' government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 35 years, Saint Kitts and Nevis recorded a fiscal deficit in 20 of them, with an average annual deficit equal to 1.52% of GDP. In 2024, government spending reached $484M (43.2% of GDP), with a deficit of 11%.
The national debt reached $604M, ranking 173rd out of 185 countries by total size, with a debt-to-GDP ratio of 53.8%, ranking 97th.
Inflation rate by year
| Year | Inflation |
|---|---|
| 2024 | 1.1% |
| 2023 | 3.56% |
| 2022 | 2.67% |
| 2021 | 1.2% |
| 2020 | -1.17% |
| 2019 | -0.33% |
| 2018 | -1.04% |
| 2017 | 0.69% |
| 2016 | -0.69% |
| 2015 | -2.3% |
| 2014 | 0.25% |
| 2013 | 1.11% |
| 2012 | 0.82% |
| 2011 | 5.84% |
| 2010 | 0.85% |
| 2009 | 2.06% |
| 2008 | 5.3% |
| 2007 | 4.48% |
| 2006 | 8.49% |
| 2005 | 3.38% |
| 2004 | 2.31% |
| 2003 | 2.24% |
| 2002 | 2.04% |
| 2001 | 2.3% |
| 2000 | 2.15% |
| 1999 | 3.36% |
| 1998 | 3.45% |
| 1997 | 8.91% |
| 1996 | 2.09% |
| 1995 | 2.96% |
| 1994 | 1.44% |
| 1993 | 1.79% |
| 1992 | 2.86% |
| 1991 | 4.32% |
| 1990 | 4.01% |
| 1989 | 5.17% |
| 1988 | 0.23% |
| 1987 | 0.96% |
| 1986 | -0.007% |
| 1985 | 2.62% |
| 1984 | 2.71% |
| 1983 | 2.29% |
| 1982 | 5.93% |
| 1981 | 10.5% |
| 1980 | 17.7% |
Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).
GeoRank.org/economy/saint-kitts-and-nevis | CC BY
Over the past 20 years, Saint Kitts and Nevis has had an average annual inflation rate of 1.81%. In 2024, inflation was 1.1%. The bar chart above shows consumer price inflation by year.
Balance of trade
|
Saint Kitts
|
Rank | |
|---|---|---|
|
Current account balance
|
-$169M
2024 |
96/190 |
| Current account balance, % of GDP |
-15.1%
2024 |
171/190 |
| Goods imports |
$404M
2024 |
175/189 |
| Goods exports |
$33.7M
2024 |
181/189 |
| Service imports |
$239M
2024 |
170/189 |
| Service exports |
$471M
2024 |
149/189 |
| Exports of goods and services, % of GDP |
11%
2025 |
175/193 |
Saint Kitts and Nevis top 10 trading partners
Saint Kitts and Nevis' biggest trading partner accounting for 68.6% of all exports and imports is the United States, with a trade balance between the two of -$184M: Saint Kitts and Nevis exports $22.8M worth of goods and services to the United States and imports $207M.
Below is the list of the top 10 trade partners of Saint Kitts and Nevis.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
United States
|
$230M | 68.6% | $22.8M | $207M | Machinery & equipment | Machinery & equipment |
| 2 |
Trinidad
|
$15.8M | 4.71% | $2.17M | $13.6M | Machinery & equipment | Processed food, beverages & tobacco |
| 3 |
Canada
|
$8.35M | 2.49% | $70K | $8.28M | Processed food, beverages & tobacco | Textiles & consumer goods |
| 4 |
Japan
|
$8.21M | 2.45% | $0 | $8.21M | Animal & marine products | Machinery & equipment |
| 5 |
China
|
$8.05M | 2.4% | $143K | $7.91M | Machinery & equipment | Machinery & equipment |
| 6 |
Barbados
|
$6.82M | 2.04% | $330K | $6.5M | Metals | Chemicals & pharma |
| 7 |
United Kingdom
|
$6.13M | 1.83% | $195K | $5.93M | Wood & paper products | Machinery & equipment |
| 8 |
Finland
|
$5M | 1.49% | $0 | $5M | Animal & marine products | Machinery & equipment |
| 9 |
Saint Vincent
|
$4.22M | 1.26% | $385K | $3.83M | Wood & paper products | Raw agricultural goods |
| 10 |
Saint Lucia
|
$3.31M | 0.99% | $2.27M | $1.04M | Wood & paper products | Processed food, beverages & tobacco |
Top 10 exports
|
Saint Kitts
|
Rank | |
|---|---|---|
| Transport & tourism services | $319M | 141/188 |
| Government & miscellaneous services | $61.2M | 93/180 |
| Business & finance services | $22.7M | 155/188 |
| Machinery & equipment | $19.8M | 157/193 |
| IT & IP services | $4.04M | 169/183 |
| Wood & paper products | $3.88M | 151/192 |
| Processed food, beverages & tobacco | $3.32M | 174/192 |
| Precious metals & jewellery | $2.05M | 146/190 |
| Metals | $2.05M | 172/192 |
| Textiles & consumer goods | $906K | 169/193 |
Top 10 imports
|
Saint Kitts
|
Rank | |
|---|---|---|
| Business & finance services | $111M | 154/188 |
| Transport & tourism services | $87.3M | 179/188 |
| Machinery & equipment | $83.6M | 181/193 |
| Processed food, beverages & tobacco | $43.4M | 183/193 |
| Textiles & consumer goods | $40.4M | 177/193 |
| Chemicals & pharma | $31.3M | 182/193 |
| Animal & marine products | $22.2M | 176/193 |
| Metals | $20.6M | 181/193 |
| Precious metals & jewellery | $18.7M | 113/193 |
| Wood & paper products | $18.5M | 175/193 |
Economic freedom indices
|
Saint Kitts
|
Rank | |
|---|---|---|
| Economic freedom | 62 | 90/197 |
Other economic metrics
|
Saint Kitts
|
Rank | |
|---|---|---|
| Services, % of GDP |
66.1%
2024 |
41/191 |
| Industry, % of GDP |
20.9%
2024 |
125/194 |
| Agriculture, forestry, and fishing, % of GDP |
1.29%
2024 |
164/193 |
|
GNI, Atlas method
|
$1.05B
2024 |
186/194 |
| GNI per capita, PPP |
$34,460
2024 |
59/191 |
| Total reserves including gold |
$295M
2024 |
168/177 |
|
Net foreign direct investment
|
-$19.5M
2024 |
52/189 |
|
Net inflows of foreign direct investment
|
$42.1M
2024 |
154/193 |
|
Net outflows of foreign direct investment
|
$8.97M
2024 |
118/193 |
Compare Saint Kitts and Nevis vs other countries
GDP per capita map
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/saint-kitts-and-nevis | CC BY
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Data sources:
- World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
- International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2017–2022, retrieved 2026-02-08)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- 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.