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Saint Kitts and Nevis vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Singapore and Saint Kitts and Nevis ranked 10th vs 48th, respectively.

Gross Domestic Product & Income

StatSaint Kitts and NevisSingapore
GDP$1B$364.2B
GDP growth, 1 year2.92%3.2%
GDP growth, 5-years averageN/A3.3%
Population54k5.9M
GDP per capita$19k$65k
GDP per capita growth2.15%2.66%
Purchasing Power Parity conversion factor1.720.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.640.64
GDP per capita, PPP adjusted$30k$100k
GNI, Atlas method$961.5M$331.4B
GNI per capita$18k$59k
GNI, PPP adjusted$1.5B$533.8B
GNI per capita, PPP adjusted$29k$95k

Financial system and Human development

StatSaint Kitts and NevisSingapore
Income Tax RateN/A22%
Corporate Tax RateN/A17%
Inflation, consumer prices-1%0.4%
Inflation, GDP deflator-1.5%1.9%
Unemployment5.1%3.8%
Economic Freedom Index6289.4
Personal Freedom Index6.27.44
Human Freedom Index6.28.1
Property Rights IndexN/A96.8
Judical Effectiveness IndexN/A92.9
Business Freedom IndexN/A92.8
Fiscal Health IndexN/A80
Labor Freedom IndexN/A90.9
Investment Freedom IndexN/A85
Financial Freedom IndexN/A80
Trade Freedom IndexN/A94.8
Monetary Freedom IndexN/A85.6
Government Spending IndexN/A91.1
Tax Burden IndexN/A90.3
Government Integrity IndexN/A92.4
Corruption Perceptions Index6085
Life expectancy at birth, years71.382.9
Suicide mortality rate, per 100,000 people19.9
Mortality caused by road traffic injury, per 100,000 people22.8
Intentional homicides, per 100,000 people34.20.2
International tourism, number of arrivals125k14.7M

Government debt & reserves

StatSaint Kitts and NevisSingapore
Central government debt, % of GDP59.9%108.3%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A36.8%
Gross savings, % of GDPN/A45.8%
Gross capital formation, % of GDPN/A26.6%
Total reserves including gold$363.2M$292.7B
Foreign direct investment net inflows$93.6M$82B

Exports, imports and economic structure

StatSaint Kitts and NevisSingapore
Exports of goods and services, % of GDP59.9%176.4%
Imports of goods and services, % of GDP58.8%149.8%
Current account balance (balance of payments)-$72.4M$65.1B
Revenue excluding grants, % of GDP27.9%18.8%
Grants excluding technical cooperation, BoP$15.6M$1.6M
Personal remittances received$25.9MN/A
Industry including construction value added, % of GDP25.7%25.2%
Agriculture, forestry and fishing value added, % of GDP1.2%0%
Charges for the use of intellectual property, payments BoP$1.8M$15.2B
Charges for the use of intellectual property, receipts BoP$100k$8.7B
Expense, % of GDP24.3%15.2%
Government Expenditure, % of GDPN/A17.2%

Compare with countries close by GDP per capita

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k