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

Stat	Saint Kitts and Nevis	Singapore
GDP	$1B	$364.2B
GDP growth, 1 year	2.92%	3.2%
GDP growth, 5-years average	N/A	3.3%
Population	55k	5.9M
GDP per capita	$19k	$65k
GDP per capita growth	2.15%	2.66%
Purchasing Power Parity conversion factor	1.72	0.86
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.64
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

Stat	Saint Kitts and Nevis	Singapore
Income Tax Rate	N/A	22%
Corporate Tax Rate	N/A	17%
Inflation, consumer prices	-1%	0.4%
Inflation, GDP deflator	-1.5%	1.9%
Unemployment	5.1%	3.8%
Economic Freedom Index	62	89.4
Personal Freedom Index	6.2	7.44
Human Freedom Index	6.2	8.1
Property Rights Index	N/A	96.8
Judical Effectiveness Index	N/A	92.9
Business Freedom Index	N/A	92.8
Fiscal Health Index	N/A	80
Labor Freedom Index	N/A	90.9
Investment Freedom Index	N/A	85
Financial Freedom Index	N/A	80
Trade Freedom Index	N/A	94.8
Monetary Freedom Index	N/A	85.6
Government Spending Index	N/A	91.1
Tax Burden Index	N/A	90.3
Government Integrity Index	N/A	92.4
Corruption Perceptions Index	60	85
Life expectancy at birth, years	71.3	82.9
Suicide mortality rate, per 100,000 people	1	9.9
Mortality caused by road traffic injury, per 100,000 people	2	2.8
Intentional homicides, per 100,000 people	34.2	0.2
International tourism, number of arrivals	125k	14.7M

Government debt & reserves

Stat	Saint Kitts and Nevis	Singapore
Central government debt, % of GDP	59.9%	108.3%
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	36.8%
Gross savings, % of GDP	N/A	45.8%
Gross capital formation, % of GDP	N/A	26.6%
Total reserves including gold	$363.2M	$292.7B
Foreign direct investment net inflows	$93.6M	$82B

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	Singapore
Exports of goods and services, % of GDP	59.9%	176.4%
Imports of goods and services, % of GDP	58.8%	149.8%
Current account balance (balance of payments)	-$72.4M	$65.1B
Revenue excluding grants, % of GDP	27.9%	18.8%
Grants excluding technical cooperation, BoP	$15.6M	$1.6M
Personal remittances received	$25.9M	N/A
Industry including construction value added, % of GDP	25.7%	25.2%
Agriculture, forestry and fishing value added, % of GDP	1.2%	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 GDP	24.3%	15.2%
Government Expenditure, % of GDP	N/A	17.2%