Saint Kitts and Nevis vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Spain and Saint Kitts and Nevis ranked 34th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Saint Kitts and Nevis	Spain
GDP	$1B	$1.4T
GDP growth, 1 year	2.92%	2.5%
GDP growth, 5-years average	N/A	2.7%
Population	55k	46.7M
GDP per capita	$19k	$30k
GDP per capita growth	2.15%	2.07%
Purchasing Power Parity conversion factor	1.72	0.65
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.76
GDP per capita, PPP adjusted	$30k	$40k
GNI, Atlas method	$961.5M	$1.4T
GNI per capita	$18k	$29k
GNI, PPP adjusted	$1.5B	$1.9T
GNI per capita, PPP adjusted	$29k	$40k

Financial system and Human development

Stat	Saint Kitts and Nevis	Spain
Income Tax Rate	N/A	45%
Corporate Tax Rate	N/A	25%
Inflation, consumer prices	-1%	1.7%
Inflation, GDP deflator	-1.5%	1.1%
Unemployment	5.1%	15.5%
Economic Freedom Index	62	66.9
Personal Freedom Index	6.2	8.95
Human Freedom Index	6.2	8.22
Property Rights Index	N/A	74.9
Judical Effectiveness Index	N/A	51.8
Business Freedom Index	N/A	66.8
Fiscal Health Index	N/A	62.6
Labor Freedom Index	N/A	57.7
Investment Freedom Index	N/A	85
Financial Freedom Index	N/A	70
Trade Freedom Index	N/A	86.4
Monetary Freedom Index	N/A	82
Government Spending Index	N/A	48.3
Tax Burden Index	N/A	62.1
Government Integrity Index	N/A	55.1
Corruption Perceptions Index	60	58
Life expectancy at birth, years	71.3	83.3
Suicide mortality rate, per 100,000 people	1	8.7
Mortality caused by road traffic injury, per 100,000 people	2	4.1
Intentional homicides, per 100,000 people	34.2	0.7
International tourism, number of arrivals	125k	82.8M

Government debt & reserves

Stat	Saint Kitts and Nevis	Spain
Central government debt, % of GDP	59.9%	97%
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	9.1%
Gross savings, % of GDP	N/A	22.3%
Gross capital formation, % of GDP	N/A	20.4%
Total reserves including gold	$363.2M	$70.6B
Foreign direct investment net inflows	$93.6M	$49.1B

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	Spain
Exports of goods and services, % of GDP	59.9%	35.1%
Imports of goods and services, % of GDP	58.8%	32.4%
Current account balance (balance of payments)	-$72.4M	$27.3B
Revenue excluding grants, % of GDP	27.9%	15.7%
Grants excluding technical cooperation, BoP	$15.6M	N/A
Personal remittances received	$25.9M	$3.4B
Industry including construction value added, % of GDP	25.7%	20%
Agriculture, forestry and fishing value added, % of GDP	1.2%	2.8%
Charges for the use of intellectual property, payments BoP	$1.8M	$6.6B
Charges for the use of intellectual property, receipts BoP	$100k	$2.5B
Expense, % of GDP	24.3%	18.8%
Government Expenditure, % of GDP	N/A	41.5%