Saint Kitts and Nevis vs the Seychelles: Economic Indicators Comparison

The Seychelles with a GDP of $1.6B ranked the 180th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, the Seychelles and Saint Kitts and Nevis ranked 55th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Saint Kitts and Nevis	Seychelles
GDP	$1B	$1.6B
GDP growth, 1 year	2.92%	3.6%
GDP growth, 5-years average	N/A	4.6%
Population	55k	96k
GDP per capita	$19k	$16k
GDP per capita growth	2.15%	2.64%
Purchasing Power Parity conversion factor	1.72	7.48
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.54
GDP per capita, PPP adjusted	$30k	$31k
GNI, Atlas method	$961.5M	$1.5B
GNI per capita	$18k	$16k
GNI, PPP adjusted	$1.5B	$2.8B
GNI per capita, PPP adjusted	$29k	$29k

Financial system and Human development

Stat	Saint Kitts and Nevis	Seychelles
Income Tax Rate	N/A	15%
Corporate Tax Rate	N/A	33%
Inflation, consumer prices	-1%	3.7%
Inflation, GDP deflator	-1.5%	4.1%
Unemployment	5.1%	3%
Economic Freedom Index	62	64.3
Personal Freedom Index	6.2	7.17
Human Freedom Index	6.2	7.14
Property Rights Index	N/A	68.3
Judical Effectiveness Index	N/A	46.4
Business Freedom Index	N/A	65.3
Fiscal Health Index	N/A	93.2
Labor Freedom Index	N/A	62.8
Investment Freedom Index	N/A	55
Financial Freedom Index	N/A	30
Trade Freedom Index	N/A	82.6
Monetary Freedom Index	N/A	78.6
Government Spending Index	N/A	58.9
Tax Burden Index	N/A	76.8
Government Integrity Index	N/A	53.3
Corruption Perceptions Index	60	66
Life expectancy at birth, years	71.3	74.3
Suicide mortality rate, per 100,000 people	1	9.3
Mortality caused by road traffic injury, per 100,000 people	2	15.9
Intentional homicides, per 100,000 people	34.2	12.7
International tourism, number of arrivals	125k	362k

Government debt & reserves

Stat	Saint Kitts and Nevis	Seychelles
Central government debt, % of GDP	59.9%	58.2%
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	N/A	10.2%
Gross capital formation, % of GDP	N/A	32.5%
Total reserves including gold	$363.2M	$549.5M
Foreign direct investment net inflows	$93.6M	$43.9M

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	Seychelles
Exports of goods and services, % of GDP	59.9%	87%
Imports of goods and services, % of GDP	58.8%	102.1%
Current account balance (balance of payments)	-$72.4M	-$269.4M
Revenue excluding grants, % of GDP	27.9%	36.4%
Grants excluding technical cooperation, BoP	$15.6M	$13.8M
Personal remittances received	$25.9M	$22.7M
Industry including construction value added, % of GDP	25.7%	10.9%
Agriculture, forestry and fishing value added, % of GDP	1.2%	2%
Charges for the use of intellectual property, payments BoP	$1.8M	$2.2M
Charges for the use of intellectual property, receipts BoP	$100k	$1.4M
Expense, % of GDP	24.3%	33.3%
Government Expenditure, % of GDP	N/A	37%