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Economy of Saint Kitts and Nevis vs Slovakia compared: GDP & Debt

Updated on by Georank

Saint Kitts and Nevis has a GDP of $1.18B compared to $155B for Slovakia, ranking 188/197 and 60/197 by economy size, respectively.

Saint Kitts and Nevis has $691M in government debt (58.4% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Saint Kitts and Nevis vs Slovakia GDP by year

Saint Kitts and Nevis
Slovakia
1x
Year GDP, current $
Saint Kitts Slovakia
2025 $1,183,514,815 $154,530,066,507
2024 $1,122,388,889 $140,934,076,532
2023 $1,055,651,852 $133,578,518,424
2022 $981,429,630 $115,792,972,358
2021 $858,622,222 $120,511,265,913
2020 $883,922,222 $107,732,602,896
2019 $1,107,855,556 $105,843,498,304
2018 $1,076,548,148 $106,611,673,365
2017 $1,056,977,778 $95,978,130,735
2016 $1,006,818,519 $90,347,173,229
2015 $957,222,222 $89,178,548,717
2014 $952,111,111 $101,713,075,599
2013 $874,548,148 $99,134,277,850
2012 $824,585,185 $94,724,394,278
2011 $836,092,593 $99,705,104,723
2010 $778,718,519 $91,112,160,801
2009 $774,274,074 $89,342,984,698
2008 $777,692,593 $96,685,492,864
2007 $689,285,185 $77,019,443,089
2006 $644,414,815 $57,111,148,619
2005 $547,203,704 $48,823,790,951
2004 $506,900,000 $42,960,730,480
2003 $469,869,870 $33,761,723,946
2002 $481,077,374 $24,768,142,566
2001 $458,643,829 $21,377,597,035
2000 $421,695,770 $20,626,538,612
1999 $406,595,484 $20,813,421,086
1998 $383,257,331 $22,911,708,405
1997 $374,641,308 $22,026,728,498
1996 $333,944,444 $21,864,845,214
1995 $313,485,185 $20,306,095,054
1994 $295,159,259 $16,187,735,322
1993 $263,755,556 $13,991,963,247
1992 $242,137,037 $12,932,972,789
1991 $220,540,741 $11,952,983,608
1990 $217,259,259 $17,068,924,602
1989 $192,518,519 -
1988 $172,692,593 -
1987 $147,748,148 -
1986 $130,685,185 -
1985 $111,007,407 -
1984 $98,603,704 -
1983 $86,874,074 -
1982 $86,022,222 -
1981 $80,888,889 -
1980 $68,459,259 -
1979 $58,840,741 -
1978 $49,433,333 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

GDP per capita in Saint Kitts and Nevis vs Slovakia by year

Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Kitts Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,223 - $28,544 -
2024 $23,961 $34,847 $25,993 $48,132
2023 $22,577 $33,980 $24,615 $45,974
2022 $21,012 $31,871 $21,318 $41,562
2021 $18,361 $26,897 $22,123 $38,346
2020 $18,859 $27,326 $19,735 $35,328
2019 $23,595 $32,482 $19,406 $33,986
2018 $22,901 $30,795 $19,573 $31,510
2017 $22,465 $29,579 $17,646 $30,246
2016 $21,388 $28,215 $16,636 $29,868
2015 $20,329 $26,877 $16,442 $30,148
2014 $20,219 $26,756 $18,771 $29,108
2013 $18,580 $24,624 $18,313 $28,075
2012 $17,532 $23,458 $17,517 $27,023
2011 $17,832 $24,550 $18,469 $26,202
2010 $16,623 $23,691 $16,899 $25,382
2009 $16,503 $23,385 $16,587 $23,077
2008 $16,605 $24,102 $17,974 $23,714
2007 $14,758 $21,301 $14,330 $21,232
2006 $13,838 $20,676 $10,629 $18,906
2005 $11,784 $19,500 $9,087 $16,570
2004 $10,945 $17,276 $7,997 $15,166
2003 $10,176 $16,226 $6,283 $14,088
2002 $10,454 $16,619 $4,606 $13,292
2001 $10,023 $16,235 $3,974 $12,367
2000 $9,320 $15,256 $3,828 $11,370
1999 $9,116 $13,754 $3,857 $10,726
1998 $8,711 $13,319 $4,250 $10,666
1997 $8,627 $13,409 $4,092 $10,137
1996 $7,788 $12,498 $4,069 $9,500
1995 $7,406 $11,747 $3,787 $8,812
1994 $7,065 $11,062 $3,028 $8,178
1993 $6,395 $10,418 $2,627 $7,569
1992 $5,947 $9,652 $2,438 $7,270
1991 $5,465 $9,131 $2,254 $7,623
1990 $5,373 $8,983 $3,221 $8,638
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

Saint Kitts and Nevis' GDP per capita is $25,223, ranking 53/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Saint Kitts and Nevis ranks 64th at $34,847, while Slovakia ranks 49th at $48,132.

Economic indicators

Saint Kitts Slovakia
Gross domestic product
$1.18B
2025
$155B
2025
GDP rank
188/197
2025
60/197
2025
GDP growth
2.69%
2024-2025
0.81%
2024-2025
GDP per capita
$25,223
2025
$28,544
2025
GDP per capita rank
53/197
2025
46/197
2025
GDP per capita, PPP
$34,847
2024
$48,132
2024
GDP per capita PPP rank
64/197
2024
49/197
2024
Government debt
$691M
2025
$95.3B
2025
Debt-to-GDP ratio
58.4%
2025
61.6%
2025
Government debt per person
$14,732
2025
$17,597
2025
Government debt per person rank
45/185
2025
36/185
2025
Average annual personal income after taxes
$13,351
2026
$17,518
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2026
Income share by richest 10% n/a
18.8%
2023
Income share by poorest 10% n/a
3.3%
2023
Government expenditure, % of GDP
42.4%
2025
48.7%
2025
Consumer prices inflation
1.3%
2024-2025
4%
2024-2025
Unemployment rate
5.12%
2001
5.4%
2025
Population
47031
5376239

Spending and national debt comparison by year

Saint Kitts and Nevis
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Saint Kitts Slovakia
Government spending Government debt Government spending Government debt
2025 42.4% 58.4% 48.7% 61.6%
2024 44.4% 58.1% 47.5% 59.7%
2023 43.7% 60% 48.2% 55.8%
2022 50.4% 64.5% 43.1% 57.8%
2021 42% 73% 44.8% 60.2%
2020 37.2% 71.7% 44.5% 58.4%
2019 37.9% 57.2% 40.6% 48%
2018 34.2% 54.7% 39.7% 49.3%
2017 25.5% 56.2% 39.8% 51.4%
2016 26.1% 57.4% 40.9% 52.1%
2015 29% 62.2% 44.1% 51.6%
2014 27.4% 67.9% 42% 53.4%
2013 27.9% 89.3% 41.1% 54.6%
2012 26.4% 118% 40% 51.7%
2011 30.3% 127.1% 40.8% 43.3%
2010 31.2% 134.9% 41% 40.7%
2009 30.4% 129.1% 43.2% 36.4%
2008 29.5% 123.4% 36.5% 28.6%
2007 30.9% 130.1% 35.9% 30.4%
2006 31.2% 134.8% 38.2% 31.5%
2005 33% 124% 39.1% 35%
2004 32.4% 147.2% 38.4% 42%
2003 30% 136.6% 40% 43.6%
2002 34.1% 115.2% 46% 45.6%
2001 29.5% 100.5% 46.2% 51.4%
2000 33.3% 92.9% 53.2% 50.6%
1999 33.6% 89.2% 48.4% 47.1%
1998 29.1% 79% 46.2% 33.9%
1997 26.3% 67.2% 48.6% 32.8%
1996 26.8% 50.7% 52.8% 30.3%
1995 23.7% - 47.8% 21.3%
1994 22.2% - - -
1993 21.3% - - -
1992 19.8% - - -
1991 18.2% - - -
1990 19.3% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

In 2025, Saint Kitts and Nevis' government spending was $502M, accounting for 42.4% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 58.4% in Saint Kitts and Nevis and 61.6% in Slovakia, ranking 82/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Saint Kitts and Nevis

Slovakia
1x
Year Deficit/surplus, % of GDP
Saint Kitts Slovakia
2025 -11.7% -5.02%
2024 -11.3% -5.5%
2023 0.21% -5.3%
2022 -4.23% -1.56%
2021 5.5% -5.09%
2020 -3.12% -5.3%
2019 -0.71% -1.21%
2018 1.82% -1.01%
2017 1.68% -0.98%
2016 3.77% -2.59%
2015 5.66% -2.78%
2014 8.33% -3.25%
2013 10.7% -2.86%
2012 4.2% -4.37%
2011 1.6% -4.36%
2010 -4.15% -7.44%
2009 -1.23% -8.18%
2008 -1.57% -2.54%
2007 -0.99% -2.26%
2006 -1.31% -3.57%
2005 -3.29% -2.86%
2004 -6.34% -2.36%
2003 -5.49% -2.28%
2002 -11.3% -8.35%
2001 -10.4% -7.74%
2000 -12.8% -12.7%
1999 -11.1% -7.25%
1998 -5.13% -5.37%
1997 -2.33% -6.24%
1996 -2.27% -9.72%
1995 0.9% -3.43%
1994 0.79% -
1993 0.24% -
1992 0.5% -
1991 0.92% -
1990 0.62% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

In 2025, Saint Kitts and Nevis' government deficit, the difference between spending and revenue, was $139M, equivalent to 11.7% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Saint Kitts and Nevis recorded a fiscal deficit in 20 of those years, while Slovakia ran a deficit in 31 years. On average, Saint Kitts and Nevis posted an annual deficit equal to 2.14% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Saint Kitts and Nevis

Slovakia
1x
Year Consumer prices inflation
Saint Kitts Slovakia
2025 1.3% 4%
2024 1.1% 2.76%
2023 3.6% 10.5%
2022 2.7% 12.8%
2021 1.2% 3.15%
2020 -1.2% 1.94%
2019 -0.3% 2.66%
2018 -1% 2.51%
2017 0.7% 1.31%
2016 -0.7% -0.52%
2015 -2.3% -0.33%
2014 0.2% -0.08%
2013 1.1% 1.4%
2012 0.8% 3.61%
2011 5.8% 3.92%
2010 0.9% 0.96%
2009 2.1% 1.62%
2008 5.3% 4.6%
2007 4.5% 2.76%
2006 8.5% 4.48%
2005 3.4% 2.71%
2004 2.2% 7.55%
2003 2.3% 8.55%
2002 2.1% 3.13%
2001 2.1% 7.33%
2000 2.1% 12%
1999 3.4% 10.6%
1998 3.7% 6.67%
1997 8.7% 6.14%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

Over the past 29 years, Saint Kitts and Nevis has recorded an average annual inflation rate of 2.22%, compared with 4.44% in Slovakia. In 2025, inflation was 1.3% in Saint Kitts and Nevis and 4% in Slovakia.

Top exports between countries

Saint Kitts
Export category Export value
Slovakia
Export category Export value
Raw materials & minerals $15K
Machinery & equipment $10K
Metals $4K
Textiles & consumer goods $4K
Wood & paper products $4K
Chemicals & pharma $1K

Balance of trade

Saint Kitts Slovakia
Current account balance
-$162M
2025
-$5.6B
2025
Current account balance ranking
88/190
2025
165/190
2025
Current account balance, % of GDP
-13.7%
2025
-3.63%
2025
Goods imports
$448M
2025
$117B
2025
Goods exports
$46.5M
2025
$117B
2025
Service imports
$259M
2025
$14.3B
2025
Service exports
$529M
2025
$14.7B
2025
Imports of goods and services, % of GDP n/a
85.2%
2025
Exports of goods and services, % of GDP
11%
2026
85.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Saint Kitts Slovakia
Economic freedom 62 67.7
Economic freedom ranking 90/197 54/197
Property rights n/a 82.6
Government integrity n/a 57.2
Judicial effectiveness n/a 70.5
Tax burden n/a 75.4
Government spending n/a 36.4
Fiscal health n/a 69.6
Business freedom n/a 71.1
Labor freedom n/a 55.1
Monetary freedom n/a 69.7
Trade freedom n/a 79.4
Investment freedom n/a 75
Financial freedom n/a 70

Other economic metrics

Saint Kitts Slovakia
Services, % of GDP
66.2%
2025
59.8%
2025
Industry, % of GDP
20.8%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.29%
2025
1.59%
2025
GNI, Atlas method
$1.15B
2025
$143B
2025
GNI per capita, PPP
$36,430
2025
$47,920
2025
Total reserves including gold
$282M
2025
$18.2B
2025
Total reserves ranking
167/177
2025
69/177
2025
Net foreign direct investment
-$18.5M
2025
-$198M
2025
Net inflows of foreign direct investment
$42.1M
2024
$5.01B
2024
Net outflows of foreign direct investment
$8.97M
2024
$2.24B
2024
Poverty at national poverty lines n/a
13.7%
2021
Gross capital formation, % of GDP n/a
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.