Saint Kitts and Nevis ranked 188/197 by economy size with a GDP of $1.07B and 55/197 by GDP per capita at $22,771. Saint Kitts and Nevis has $557M in government debt, with a debt-to-GDP ratio of 60.2%.
In 2025, Saint Kitts and Nevis made up 0.001% of the world's economy, compared to 0.0009% in 1960.
The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.
| Year | GDP | GDP growth | |
|---|---|---|---|
| Current $ | Constant $ | ||
| 1960 | $12,366,636 | - | - |
| 1961 | $12,483,302 | - | 0.94% |
| 1962 | $12,541,635 | - | 0.47% |
| 1963 | $12,833,301 | - | 2.33% |
| 1964 | $13,416,633 | - | 4.55% |
| 1965 | $13,593,932 | - | 1.32% |
| 1966 | $14,469,078 | - | 6.44% |
| 1967 | $16,742,338 | - | 15.7% |
| 1968 | $14,600,000 | - | -12.8% |
| 1969 | $15,850,000 | - | 8.56% |
| 1970 | $16,300,000 | - | 2.84% |
| 1971 | $19,624,746 | - | 20.4% |
| 1972 | $22,944,849 | - | 16.9% |
| 1973 | $24,196,018 | - | 5.45% |
| 1974 | $31,514,856 | - | 30.2% |
| 1975 | $33,364,055 | - | 5.87% |
| 1976 | $30,095,602 | - | -9.8% |
| 1977 | $44,496,296 | $194,002,840 | 47.8% |
| 1978 | $49,433,333 | $201,588,165 | 11.1% |
| 1979 | $58,840,741 | $216,904,179 | 19% |
| 1980 | $68,459,259 | $235,211,154 | 16.3% |
| 1981 | $80,888,889 | $238,849,643 | 18.2% |
| 1982 | $86,022,222 | $240,157,914 | 6.35% |
| 1983 | $86,874,074 | $243,007,917 | 0.99% |
| 1984 | $98,603,704 | $264,552,531 | 13.5% |
| 1985 | $111,007,407 | $287,171,953 | 12.6% |
| 1986 | $130,685,185 | $318,350,194 | 17.7% |
| 1987 | $147,748,148 | $339,203,231 | 13.1% |
| 1988 | $172,692,593 | $370,496,001 | 16.9% |
| 1989 | $192,518,519 | $390,798,418 | 11.5% |
| 1990 | $217,259,259 | $409,858,640 | 12.9% |
| 1991 | $220,540,741 | $402,216,051 | 1.51% |
| 1992 | $242,137,037 | $419,386,549 | 9.79% |
| 1993 | $263,755,556 | $447,913,010 | 8.93% |
| 1994 | $295,159,259 | $471,660,099 | 11.9% |
| 1995 | $313,485,185 | $497,050,235 | 6.21% |
| 1996 | $333,944,444 | $526,092,075 | 6.53% |
| 1997 | $374,641,308 | $561,992,423 | 12.2% |
| 1998 | $383,257,331 | $559,256,949 | 2.3% |
| 1999 | $406,595,484 | $577,264,388 | 6.09% |
| 2000 | $421,695,770 | $635,237,944 | 3.71% |
| 2001 | $458,643,829 | $668,609,851 | 8.76% |
| 2002 | $481,077,374 | $677,754,528 | 4.89% |
| 2003 | $469,869,870 | $651,095,767 | -2.33% |
| 2004 | $506,900,000 | $677,115,811 | 7.88% |
| 2005 | $547,203,704 | $743,018,278 | 7.95% |
| 2006 | $644,414,815 | $766,426,187 | 17.8% |
| 2007 | $689,285,185 | $771,029,360 | 6.96% |
| 2008 | $777,692,593 | $858,287,029 | 12.8% |
| 2009 | $774,274,074 | $829,064,586 | -0.44% |
| 2010 | $778,718,519 | $828,615,281 | 0.57% |
| 2011 | $836,092,593 | $842,010,736 | 7.37% |
| 2012 | $824,585,185 | $835,799,755 | -1.38% |
| 2013 | $874,548,148 | $883,668,355 | 6.06% |
| 2014 | $952,111,111 | $950,623,606 | 8.87% |
| 2015 | $957,222,222 | $957,222,222 | 0.54% |
| 2016 | $1,006,818,519 | $994,866,931 | 5.18% |
| 2017 | $1,056,977,778 | $997,065,002 | 4.98% |
| 2018 | $1,076,548,148 | $1,017,041,453 | 1.85% |
| 2019 | $1,107,855,556 | $1,046,924,639 | 2.91% |
| 2020 | $883,922,222 | $886,725,391 | -20.2% |
| 2021 | $858,622,222 | $889,985,054 | -2.86% |
| 2022 | $980,188,889 | $982,030,905 | 14.2% |
| 2023 | $1,056,751,852 | $1,024,538,679 | 7.81% |
| 2024 | $1,066,681,481 | $1,036,489,311 | 0.94% |
Economic Statistics of Saint Kitts and Nevis
Saint Kitts
|
Rank | |
|---|---|---|
| Gross domestic product |
$1.07B
2024 |
188/197 |
| GDP growth |
0.94%
2023-2024 |
171/196 |
| GDP per capita |
$22,771
2024 |
55/197 |
| GDP per capita, PPP |
$35,545
2024 |
63/197 |
| Government debt |
$557M
2024 |
173/185 |
| Debt-to-GDP ratio |
60.2%
2025 |
79/185 |
| Government debt per person |
$11,885
2024 |
46/185 |
| Average annual personal income after taxes |
$13,293
2025 |
60/197 |
| Government expenditure, % of GDP |
41%
2025 |
49/195 |
| Consumer prices inflation |
1.7%
2024-2025 |
150/195 |
| Unemployment rate |
5.12%
2001 |
101/196 |
| Population |
46977
|
189/197 |
Saint Kitts and Nevis' GDP per capita
Saint Kitts and Nevis has a GDP per capita of $22,771, ranking 55/197, a GDP per capita based on purchasing power parity (PPP) of $35,545, ranking 63/197, and a median annual after tax income of $13,293, ranking 60/197.
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 1960 | $221.6 | - |
| 1961 | $225.6 | - |
| 1962 | $230.3 | - |
| 1963 | $240.1 | - |
| 1964 | $256.4 | - |
| 1965 | $265.8 | - |
| 1966 | $290 | - |
| 1967 | $344 | - |
| 1968 | $309 | - |
| 1969 | $347 | - |
| 1970 | $365 | - |
| 1971 | $444 | - |
| 1972 | $521 | - |
| 1973 | $551 | - |
| 1974 | $721 | - |
| 1975 | $765 | - |
| 1976 | $692 | - |
| 1977 | $1,026 | - |
| 1978 | $1,144 | - |
| 1979 | $1,367 | - |
| 1980 | $1,598 | - |
| 1981 | $1,894 | - |
| 1982 | $2,023 | - |
| 1983 | $2,052 | - |
| 1984 | $2,341 | - |
| 1985 | $2,651 | - |
| 1986 | $3,140 | - |
| 1987 | $3,573 | - |
| 1988 | $4,206 | - |
| 1989 | $4,723 | - |
| 1990 | $5,373 | $8,983 |
| 1991 | $5,465 | $9,131 |
| 1992 | $5,947 | $9,652 |
| 1993 | $6,395 | $10,418 |
| 1994 | $7,065 | $11,062 |
| 1995 | $7,406 | $11,747 |
| 1996 | $7,788 | $12,498 |
| 1997 | $8,627 | $13,409 |
| 1998 | $8,711 | $13,319 |
| 1999 | $9,116 | $13,754 |
| 2000 | $9,320 | $15,256 |
| 2001 | $10,023 | $16,235 |
| 2002 | $10,454 | $16,619 |
| 2003 | $10,176 | $16,226 |
| 2004 | $10,945 | $17,276 |
| 2005 | $11,784 | $19,500 |
| 2006 | $13,838 | $20,676 |
| 2007 | $14,758 | $21,301 |
| 2008 | $16,605 | $24,102 |
| 2009 | $16,503 | $23,385 |
| 2010 | $16,623 | $23,691 |
| 2011 | $17,832 | $24,550 |
| 2012 | $17,532 | $23,458 |
| 2013 | $18,580 | $24,624 |
| 2014 | $20,219 | $26,756 |
| 2015 | $20,329 | $26,877 |
| 2016 | $21,388 | $28,215 |
| 2017 | $22,465 | $29,579 |
| 2018 | $22,901 | $30,795 |
| 2019 | $23,595 | $32,482 |
| 2020 | $18,859 | $27,326 |
| 2021 | $18,361 | $26,897 |
| 2022 | $20,985 | $31,831 |
| 2023 | $22,600 | $34,368 |
| 2024 | $22,771 | $35,545 |
Saint Kitts and Nevis' government spending, deficit, and chart
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 36 years, Saint Kitts and Nevis recorded a fiscal deficit in 21 years — average annual deficit equal to -1.71% of GDP. In 2024, government spending reached $445M (41% of GDP), with a deficit of -8.54%.
The national debt reached $557M, ranking 173rd out of 185 countries by total size, with a debt-to-GDP ratio of 60.2%, ranking 79th.
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 1990 | 19.3% | - | 0.62% |
| 1991 | 18.2% | - | 0.92% |
| 1992 | 19.8% | - | 0.5% |
| 1993 | 21.3% | - | 0.24% |
| 1994 | 22.2% | - | 0.79% |
| 1995 | 23.7% | - | 0.9% |
| 1996 | 26.8% | 50.7% | -2.27% |
| 1997 | 26.3% | 67.2% | -2.33% |
| 1998 | 29.1% | 79% | -5.13% |
| 1999 | 33.6% | 89.2% | -11.1% |
| 2000 | 34.6% | 96.5% | -13.3% |
| 2001 | 30.9% | 105.2% | -10.9% |
| 2002 | 35.4% | 119.7% | -11.7% |
| 2003 | 30.9% | 140.7% | -5.66% |
| 2004 | 33.7% | 153.1% | -6.6% |
| 2005 | 34.7% | 130.1% | -3.45% |
| 2006 | 32.5% | 140.3% | -1.37% |
| 2007 | 32.2% | 135.4% | -1.03% |
| 2008 | 29.5% | 123.4% | -1.57% |
| 2009 | 30.4% | 129.1% | -1.23% |
| 2010 | 31.2% | 134.9% | -4.15% |
| 2011 | 30.3% | 127.1% | 1.6% |
| 2012 | 27.2% | 121.4% | 4.32% |
| 2013 | 28.6% | 91.5% | 10.9% |
| 2014 | 28% | 69.3% | 8.52% |
| 2015 | 29.1% | 62.2% | 5.66% |
| 2016 | 26% | 57.4% | 3.76% |
| 2017 | 25.5% | 53.3% | 1.68% |
| 2018 | 33.8% | 53.9% | 1.8% |
| 2019 | 37.3% | 54.3% | -0.7% |
| 2020 | 36.5% | 68% | -3.06% |
| 2021 | 41.2% | 69.1% | 5.41% |
| 2022 | 49.4% | 60.2% | -4.15% |
| 2023 | 43.3% | 55.9% | -0.28% |
| 2024 | 41.7% | 52.2% | -10.6% |
| 2025 | 41% | 60.2% | -8.54% |
Inflation rate by year
Over the past 20 years, Saint Kitts and Nevis has had an average annual inflation rate of 1.73%. In 2025, inflation was 1.7%. The bar chart below shows consumer price inflation by year.
| Year | Inflation |
|---|---|
| 1980 | 19.3% |
| 1981 | 8.6% |
| 1982 | 6% |
| 1983 | 2.2% |
| 1984 | 2.7% |
| 1985 | 2.7% |
| 1986 | 0% |
| 1987 | 0.9% |
| 1988 | 0.2% |
| 1989 | 5.1% |
| 1990 | 4.2% |
| 1991 | 4.2% |
| 1992 | 2.8% |
| 1993 | 1.8% |
| 1994 | 1.4% |
| 1995 | 3% |
| 1996 | 2% |
| 1997 | 8.7% |
| 1998 | 3.7% |
| 1999 | 3.4% |
| 2000 | 2.1% |
| 2001 | 2.1% |
| 2002 | 2.1% |
| 2003 | 2.3% |
| 2004 | 2.2% |
| 2005 | 3.4% |
| 2006 | 8.5% |
| 2007 | 4.5% |
| 2008 | 5.3% |
| 2009 | 2.1% |
| 2010 | 0.9% |
| 2011 | 5.8% |
| 2012 | 0.8% |
| 2013 | 1.1% |
| 2014 | 0.2% |
| 2015 | -2.3% |
| 2016 | -0.7% |
| 2017 | 0.7% |
| 2018 | -1% |
| 2019 | -0.3% |
| 2020 | -1.2% |
| 2021 | 1.2% |
| 2022 | 2.7% |
| 2023 | 3.6% |
| 2024 | 1% |
| 2025 | 1.7% |
Balance of trade
|
Saint Kitts
|
Rank | |
|---|---|---|
Current account balance
|
-$169M
2024 |
94/189 |
| Current account balance, % of GDP |
-15.9%
2024 |
171/189 |
| Goods imports |
$404M
2024 |
174/188 |
| Goods exports |
$33.7M
2024 |
180/188 |
| Service imports |
$239M
2024 |
169/188 |
| Service exports |
$471M
2024 |
148/188 |
| 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 |
Saint Kitts and Nevis' 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 |
Saint Kitts and Nevis' 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 | 85/197 |
More economic indicators
|
Saint Kitts
|
Rank | |
|---|---|---|
| Services, % of GDP |
65.5%
2024 |
43/191 |
| Industry, % of GDP |
21.1%
2024 |
125/194 |
| Agriculture, forestry, and fishing, % of GDP |
1.3%
2024 |
164/193 |
|
GNI, Atlas method
|
$1.04B
2024 |
185/194 |
| GNI per capita, PPP |
$35,130
2024 |
58/191 |
| Total reserves including gold |
$295M
2024 |
168/177 |
|
Net foreign direct investment
|
-$19.5M
2024 |
48/188 |
|
Net inflows of foreign direct investment
|
$21.9M
2024 |
165/193 |
|
Net outflows of foreign direct investment
|
$2.4M
2024 |
138/187 |
Compare countries by 7 more topics
GDP per capita map
GDP per capita
Relevant pages:
Saint Kitts topic pages:
Economy comparisons
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.