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

Updated on by Georank

Saint Kitts and Nevis has a GDP of $1.18B compared to $1.04T for Switzerland, ranking 188/197 and 20/197 by economy size, respectively.

Saint Kitts and Nevis has $691M in government debt (58.4% of GDP), compared to $411B (39.4% of GDP) in Switzerland.

Saint Kitts and Nevis vs Switzerland GDP by year

Saint Kitts and Nevis
Switzerland
1x
Year GDP, current $
Saint Kitts Switzerland
2025 $1,183,514,815 $1,043,529,899,251
2024 $1,122,388,889 $969,919,786,395
2023 $1,055,651,852 $928,435,275,852
2022 $981,429,630 $858,479,038,994
2021 $858,622,222 $840,710,023,481
2020 $883,922,222 $756,096,180,222
2019 $1,107,855,556 $736,384,764,157
2018 $1,076,548,148 $740,766,531,454
2017 $1,056,977,778 $706,660,443,624
2016 $1,006,818,519 $698,607,778,795
2015 $957,222,222 $706,199,008,879
2014 $952,111,111 $741,168,119,617
2013 $874,548,148 $718,748,402,260
2012 $824,585,185 $697,882,536,677
2011 $836,092,593 $727,231,637,102
2010 $778,718,519 $609,999,593,542
2009 $774,274,074 $563,659,557,945
2008 $777,692,593 $574,703,945,157
2007 $689,285,185 $498,993,845,385
2006 $644,414,815 $448,364,681,767
2005 $547,203,704 $424,511,048,024
2004 $506,900,000 $409,012,909,530
2003 $469,869,870 $366,563,952,625
2002 $481,077,374 $313,930,961,761
2001 $458,643,829 $290,160,142,214
2000 $421,695,770 $282,327,351,966
1999 $406,595,484 $301,911,268,140
1998 $383,257,331 $306,907,741,068
1997 $374,641,308 $298,868,250,534
1996 $333,944,444 $345,373,647,249
1995 $313,485,185 $358,152,520,085
1994 $295,159,259 $305,916,331,798
1993 $263,755,556 $276,339,744,180
1992 $242,137,037 $284,139,428,246
1991 $220,540,741 $272,953,645,746
1990 $217,259,259 $269,768,238,555
1989 $192,518,519 $211,241,694,480
1988 $172,692,593 $218,788,504,066
1987 $147,748,148 $202,238,567,597
1986 $130,685,185 $161,487,171,049
1985 $111,007,407 $112,652,623,418
1984 $98,603,704 $111,104,641,869
1983 $86,874,074 $116,361,728,836
1982 $86,022,222 $116,776,899,473
1981 $80,888,889 $113,936,168,924
1980 $68,459,259 $124,404,609,417
1979 $58,840,741 $116,702,524,208
1978 $49,433,333 $103,821,687,919
1977 $44,496,296 $74,237,819,014
1976 $30,095,602 $69,508,364,538
1975 $33,364,055 $66,452,559,176
1974 $31,514,856 $57,963,469,607
1973 $24,196,018 $50,296,651,921
1972 $22,944,849 $37,399,508,287
1971 $19,624,746 $30,492,832,676
1970 $16,300,000 $25,374,750,743
1969 $15,850,000 $22,780,211,812
1968 $14,600,000 $21,024,203,656
1967 $16,742,338 $19,689,329,510
1966 $14,469,078 $18,290,928,227
1965 $13,593,932 $17,033,079,428
1964 $13,416,633 $16,071,715,835
1963 $12,833,301 $14,499,109,270
1962 $12,541,635 $13,185,384,691
1961 $12,483,302 $11,889,851,950
1960 $12,366,636 $10,569,129,806

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

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

Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Kitts Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,223 - $114,769 -
2024 $23,961 $34,847 $107,702 $96,498
2023 $22,577 $33,980 $104,450 $95,142
2022 $21,012 $31,871 $97,809 $94,421
2021 $18,361 $26,897 $96,583 $81,001
2020 $18,859 $27,326 $87,530 $72,998
2019 $23,595 $32,482 $85,873 $73,732
2018 $22,901 $30,795 $87,002 $70,689
2017 $22,465 $29,579 $83,610 $68,194
2016 $21,388 $28,215 $83,432 $67,351
2015 $20,329 $26,877 $85,265 $65,265
2014 $20,219 $26,756 $90,512 $63,417
2013 $18,580 $24,624 $88,851 $61,656
2012 $17,532 $23,458 $87,270 $59,441
2011 $17,832 $24,550 $91,910 $57,494
2010 $16,623 $23,691 $77,956 $54,426
2009 $16,503 $23,385 $72,788 $52,999
2008 $16,605 $24,102 $75,148 $53,809
2007 $14,758 $21,301 $66,082 $50,928
2006 $13,838 $20,676 $59,910 $46,266
2005 $11,784 $19,500 $57,080 $41,525
2004 $10,945 $17,276 $55,350 $40,171
2003 $10,176 $16,226 $49,947 $38,732
2002 $10,454 $16,619 $43,094 $38,705
2001 $10,023 $16,235 $40,134 $37,819
2000 $9,320 $15,256 $39,298 $36,703
1999 $9,116 $13,754 $42,261 $34,743
1998 $8,711 $13,319 $43,166 $33,860
1997 $8,627 $13,409 $42,160 $32,736
1996 $7,788 $12,498 $48,838 $31,509
1995 $7,406 $11,747 $50,869 $30,842
1994 $7,065 $11,062 $43,741 $30,265
1993 $6,395 $10,418 $39,828 $29,495
1992 $5,947 $9,652 $41,327 $29,113
1991 $5,465 $9,131 $40,140 $28,792
1990 $5,373 $8,983 $40,171 $28,461
1989 $4,723 - $31,780 -
1988 $4,206 - $33,183 -
1987 $3,573 - $30,899 -
1986 $3,140 - $24,828 -
1985 $2,651 - $17,411 -
1984 $2,341 - $17,247 -
1983 $2,052 - $18,128 -
1982 $2,023 - $18,271 -
1981 $1,894 - $17,931 -
1980 $1,598 - $19,686 -
1979 $1,367 - $18,541 -
1978 $1,144 - $16,528 -
1977 $1,026 - $11,819 -
1976 $692 - $11,029 -
1975 $765 - $10,484 -
1974 $721 - $9,140 -
1973 $551 - $7,974 -
1972 $521 - $5,973 -
1971 $444 - $4,908 -
1970 $365 - $4,105 -
1969 $347 - $3,712 -
1968 $309 - $3,465 -
1967 $344 - $3,286 -
1966 $290 - $3,091 -
1965 $265.8 - $2,908 -
1964 $256.4 - $2,776 -
1963 $240.1 - $2,546 -
1962 $230.3 - $2,366 -
1961 $225.6 - $2,188 -
1960 $221.6 - $1,984 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Saint Kitts and Nevis' GDP per capita is $25,223, ranking 53/197, compared to $114,769 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Saint Kitts and Nevis ranks 64th at $34,847, while Switzerland ranks 8th at $96,498.

Economic indicators

Saint Kitts Switzerland
Gross domestic product
$1.18B
2025
$1.04T
2025
GDP rank
188/197
2025
20/197
2025
GDP growth
2.69%
2024-2025
1.3%
2024-2025
GDP per capita
$25,223
2025
$114,769
2025
GDP per capita rank
53/197
2025
5/197
2025
GDP per capita, PPP
$34,847
2024
$96,498
2024
GDP per capita PPP rank
64/197
2024
8/197
2024
Government debt
$691M
2025
$411B
2025
Debt-to-GDP ratio
58.4%
2025
39.4%
2025
Government debt per person
$14,732
2025
$45,239
2025
Government debt per person rank
45/185
2025
12/185
2025
Average annual personal income after taxes
$13,351
2026
$89,347
2026
Market capitalization of domestic companies n/a
$2.51T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires n/a
45
2026
Income share by richest 10% n/a
26.6%
2022
Income share by poorest 10% n/a
2.9%
2022
Government expenditure, % of GDP
42.4%
2025
31.2%
2025
Consumer prices inflation
1.3%
2024-2025
0.15%
2024-2025
Central bank interest rate n/a
0%
2025
Unemployment rate
5.12%
2001
4.84%
2025
Population
47031
9155878

Spending and national debt comparison by year

Saint Kitts and Nevis
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Saint Kitts Switzerland
Government spending Government debt Government spending Government debt
2025 42.4% 58.4% 31.2% 39.4%
2024 44.4% 58.1% 31.3% 40.5%
2023 43.7% 60% 30.9% 37.3%
2022 50.4% 64.5% 30.5% 35.9%
2021 42% 73% 33.4% 39.7%
2020 37.2% 71.7% 36.3% 42.4%
2019 37.9% 57.2% 31.3% 38.8%
2018 34.2% 54.7% 31.1% 39%
2017 25.5% 56.2% 31.9% 41.1%
2016 26.1% 57.4% 31.9% 40.3%
2015 29% 62.2% 31.9% 41.4%
2014 27.4% 67.9% 31.5% 41.2%
2013 27.9% 89.3% 32% 41.2%
2012 26.4% 118% 31.1% 41.9%
2011 30.3% 127.1% 31% 41.2%
2010 31.2% 134.9% 30.9% 40.7%
2009 30.4% 129.1% 31.2% 42.4%
2008 29.5% 123.4% 29.6% 44.2%
2007 30.9% 130.1% 29% 44%
2006 31.2% 134.8% 30.1% 47.7%
2005 33% 124% 31.9% 54.1%
2004 32.4% 147.2% 32.6% 57.1%
2003 30% 136.6% 32.8% 56.2%
2002 34.1% 115.2% 33.6% 56.9%
2001 29.5% 100.5% 31.2% 50.5%
2000 33.3% 92.9% 31.9% 51.7%
1999 33.6% 89.2% 32.8% 52%
1998 29.1% 79% 32.3% 55.3%
1997 26.3% 67.2% 32.5% 52.9%
1996 26.8% 50.7% 32.5% 50.6%
1995 23.7% - 32% 49.3%
1994 22.2% - 32% 46.4%
1993 21.3% - 31.9% 43.7%
1992 19.8% - 30.8% 38.9%
1991 18.2% - 29% 34.6%
1990 19.3% - 27.2% 32.8%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Saint Kitts and Nevis' government spending was $502M, accounting for 42.4% of its GDP, while Switzerland spent $326B, or 31.2% of GDP.

Debt-to-GDP ratio is 58.4% in Saint Kitts and Nevis and 39.4% in Switzerland, ranking 82/185 and 136/185, respectively.

Government deficit by year

Deficit/surplus
Saint Kitts and Nevis

Switzerland
1x
Year Deficit/surplus, % of GDP
Saint Kitts Switzerland
2025 -11.7% 0.45%
2024 -11.3% 0.53%
2023 0.21% 0.12%
2022 -4.23% 1.15%
2021 5.5% -0.28%
2020 -3.12% -2.96%
2019 -0.71% 1.31%
2018 1.82% 1.26%
2017 1.68% 1.11%
2016 3.77% 0.23%
2015 5.66% 0.54%
2014 8.33% -0.24%
2013 10.7% -0.42%
2012 4.2% 0.23%
2011 1.6% 0.67%
2010 -4.15% 0.35%
2009 -1.23% 0.49%
2008 -1.57% 1.91%
2007 -0.99% 1.55%
2006 -1.31% 0.83%
2005 -3.29% -0.64%
2004 -6.34% -1.37%
2003 -5.49% -1.34%
2002 -11.3% -1.72%
2001 -10.4% 0.2%
2000 -12.8% 0.28%
1999 -11.1% -1.55%
1998 -5.13% -1.29%
1997 -2.33% -2.3%
1996 -2.27% -1.98%
1995 0.9% -1.83%
1994 0.79% -2.55%
1993 0.24% -3.1%
1992 0.5% -2.92%
1991 0.92% -1.82%
1990 0.62% -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/saint-kitts-and-nevis/switzerland | 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 Switzerland's surplus of $4.71B, or 0.45% of GDP.

Over the past 36 years, Saint Kitts and Nevis recorded a fiscal deficit in 20 of those years, while Switzerland ran a deficit in 18 years. On average, Saint Kitts and Nevis posted an annual deficit equal to 1.76% of GDP, compared to deficit of 0.42% of GDP for Switzerland.

Inflation comparison by year

Inflation
Saint Kitts and Nevis

Switzerland
1x
Year Consumer prices inflation
Saint Kitts Switzerland
2025 1.3% 0.15%
2024 1.1% 1.06%
2023 3.6% 2.14%
2022 2.7% 2.84%
2021 1.2% 0.58%
2020 -1.2% -0.73%
2019 -0.3% 0.36%
2018 -1% 0.94%
2017 0.7% 0.53%
2016 -0.7% -0.43%
2015 -2.3% -1.14%
2014 0.2% -0.01%
2013 1.1% -0.22%
2012 0.8% -0.69%
2011 5.8% 0.23%
2010 0.9% 0.69%
2009 2.1% -0.48%
2008 5.3% 2.43%
2007 4.5% 0.73%
2006 8.5% 1.06%
2005 3.4% 1.17%
2004 2.2% 0.8%
2003 2.3% 0.64%
2002 2.1% 0.64%
2001 2.1% 0.99%
2000 2.1% 1.56%
1999 3.4% 0.81%
1998 3.7% 0.02%
1997 8.7% 0.52%

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/switzerland | CC BY

Over the past 29 years, Saint Kitts and Nevis has recorded an average annual inflation rate of 2.22%, compared with 0.59% in Switzerland. In 2025, inflation was 1.3% in Saint Kitts and Nevis and 0.15% in Switzerland.

Top exports between countries

Saint Kitts
Export category Export value
Switzerland
Export category Export value
Precious metals & jewellery $1.34M
Textiles & consumer goods $109K
Machinery & equipment $81K
Raw materials & minerals $8K
Chemicals & pharma $4K
Wood & paper products $2K
Metals $1K
Processed food, beverages & tobacco $1K

Balance of trade

Saint Kitts Switzerland
Current account balance
-$162M
2025
$72.9B
2025
Current account balance ranking
88/190
2025
11/190
2025
Current account balance, % of GDP
-13.7%
2025
+6.98%
2025
Goods imports
$448M
2025
$508B
2025
Goods exports
$46.5M
2025
$617B
2025
Service imports
$259M
2025
$214B
2025
Service exports
$529M
2025
$195B
2025
Imports of goods and services, % of GDP n/a
69.1%
2025
Exports of goods and services, % of GDP
11%
2026
78.1%
2025

Economic freedom indices

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

Saint Kitts Switzerland
Economic freedom 62 83.7
Economic freedom ranking 90/197 2/197
Property rights n/a 94.4
Government integrity n/a 93.3
Judicial effectiveness n/a 98.3
Tax burden n/a 70.9
Government spending n/a 69.5
Fiscal health n/a 97.2
Business freedom n/a 86.3
Labor freedom n/a 60
Monetary freedom n/a 82.3
Trade freedom n/a 87
Investment freedom n/a 85
Financial freedom n/a 80

Other economic metrics

Saint Kitts Switzerland
Services, % of GDP
66.2%
2025
71.7%
2025
Industry, % of GDP
20.8%
2025
25%
2025
Agriculture, forestry, and fishing, % of GDP
1.29%
2025
0.64%
2025
GNI, Atlas method
$1.15B
2025
$1T
2025
GNI per capita, PPP
$36,430
2025
$101,690
2025
Total reserves including gold
$282M
2025
$1.08T
2025
Total reserves ranking
167/177
2025
4/177
2025
Net foreign direct investment
-$18.5M
2025
$37.6B
2025
Net inflows of foreign direct investment
$42.1M
2024
-$108B
2024
Net outflows of foreign direct investment
$8.97M
2024
-$27.9B
2024
Poverty at national poverty lines n/a
15.8%
2021
Gross capital formation, % of GDP n/a
29.5%
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/switzerland | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.