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

Updated on by Georank team

Saint Kitts and Nevis has a GDP of $1.12B compared to $20B for Syria, ranking 187/197 and 129/197 by economy size, respectively.

Saint Kitts and Nevis has $604M in government debt (53.8% of GDP), compared to $18.4B (30% of GDP) in Syria.

Saint Kitts and Nevis vs Syria GDP by year

Saint Kitts and Nevis
Syria
1x
Year GDP, current $
Saint Kitts Syria
2024 $1,122,388,889 -
2023 $1,055,651,852 $19,993,439,950
2022 $981,429,630 $23,622,827,080
2021 $858,622,222 $14,353,205,678
2020 $883,922,222 $12,047,752,036
2019 $1,107,855,556 $22,583,045,060
2018 $1,076,548,148 $21,497,782,868
2017 $1,056,977,778 $16,369,843,352
2016 $1,006,818,519 $12,597,854,877
2015 $957,222,222 $16,466,863,117
2014 $952,111,111 $21,502,061,466
2013 $874,548,148 $21,361,254,635
2012 $824,585,185 $43,190,318,033
2011 $836,092,593 $67,539,428,159
2010 $778,718,519 $61,390,830,875
2009 $774,274,074 $54,111,735,629
2008 $777,692,593 $52,557,913,569
2007 $689,285,185 $40,465,318,382
2006 $644,414,815 $33,751,788,856
2005 $547,203,704 $28,858,965,517
2004 $506,900,000 $25,086,950,495
2003 $469,869,870 $21,828,144,686
2002 $481,077,374 $20,669,357,462
2001 $458,643,829 $20,237,024,725
2000 $421,695,770 $18,937,052,543
1999 $406,595,484 $15,873,875,969
1998 $383,257,331 $15,200,846,154
1997 $374,641,308 $14,505,233,463
1996 $333,944,444 $13,789,560,878
1995 $313,485,185 $11,396,706,587
1994 $295,159,259 $10,122,020,000
1993 $263,755,556 $13,695,962,055
1992 $242,137,037 $13,253,565,861
1991 $220,540,741 $12,981,833,333
1990 $217,259,259 $12,308,624,418
1989 $192,518,519 $9,853,395,762
1988 $172,692,593 $10,577,041,645
1987 $147,748,148 $11,356,215,543
1986 $130,685,185 $13,293,205,278
1985 $111,007,407 $16,403,539,893
1984 $98,603,704 $17,503,078,174
1983 $86,874,074 $17,589,277,143
1982 $86,022,222 $16,298,929,011
1981 $80,888,889 $15,518,201,335
1980 $68,459,259 $13,062,420,382
1979 $58,840,741 $9,929,681,529
1978 $49,433,333 $9,275,200,458
1977 $44,496,296 $7,696,011,396
1976 $30,095,602 $7,633,528,867
1975 $33,364,055 $6,826,980,444
1974 $31,514,856 $5,159,557,148
1973 $24,196,018 $3,239,487,516
1972 $22,944,849 $3,059,681,698
1971 $19,624,746 $2,589,851,325
1970 $16,300,000 $2,140,384,010
1969 $15,850,000 $2,245,011,515
1968 $14,600,000 $1,753,746,430
1967 $16,742,338 $1,580,229,799
1966 $14,469,078 $1,342,287,553
1965 $13,593,932 $1,472,036,540
1964 $13,416,633 $1,339,494,267
1963 $12,833,301 $1,200,447,408
1962 $12,541,635 $1,110,565,881
1961 $12,483,302 $945,244,972
1960 $12,366,636 $857,704,413

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

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

Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Kitts Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,961 $34,847 - -
2023 $22,577 $33,980 $847 $4,650
2022 $21,012 $31,871 $1,052 $4,772
2021 $18,361 $26,897 $664 $4,593
2020 $18,859 $27,326 $572 $3,738
2019 $23,595 $32,482 $1,110 $3,502
2018 $22,901 $30,795 $1,098 $3,456
2017 $22,465 $29,579 $852 $3,265
2016 $21,388 $28,215 $656 -
2015 $20,329 $26,877 $848 -
2014 $20,219 $26,756 $1,061 -
2013 $18,580 $24,624 $986 -
2012 $17,532 $23,458 $1,898 -
2011 $17,832 $24,550 $2,952 -
2010 $16,623 $23,691 $2,731 -
2009 $16,503 $23,385 $2,462 -
2008 $16,605 $24,102 $2,429 -
2007 $14,758 $21,301 $1,938 -
2006 $13,838 $20,676 $1,719 -
2005 $11,784 $19,500 $1,534 -
2004 $10,945 $17,276 $1,368 -
2003 $10,176 $16,226 $1,220 -
2002 $10,454 $16,619 $1,183 -
2001 $10,023 $16,235 $1,187 -
2000 $9,320 $15,256 $1,138 -
1999 $9,116 $13,754 $978 -
1998 $8,711 $13,319 $961 -
1997 $8,627 $13,409 $941 -
1996 $7,788 $12,498 $918 -
1995 $7,406 $11,747 $780 -
1994 $7,065 $11,062 $712 -
1993 $6,395 $10,418 $993 -
1992 $5,947 $9,652 $990 -
1991 $5,465 $9,131 $1,000 -
1990 $5,373 $8,983 $978 -
1989 $4,723 - $809 -
1988 $4,206 - $898 -
1987 $3,573 - $997 -
1986 $3,140 - $1,208 -
1985 $2,651 - $1,544 -
1984 $2,341 - $1,706 -
1983 $2,052 - $1,776 -
1982 $2,023 - $1,703 -
1981 $1,894 - $1,676 -
1980 $1,598 - $1,458 -
1979 $1,367 - $1,146 -
1978 $1,144 - $1,108 -
1977 $1,026 - $951 -
1976 $692 - $976 -
1975 $765 - $904 -
1974 $721 - $707 -
1973 $551 - $459 -
1972 $521 - $448 -
1971 $444 - $393 -
1970 $365 - $335 -
1969 $347 - $364 -
1968 $309 - $293.3 -
1967 $344 - $272.9 -
1966 $290 - $239.3 -
1965 $265.8 - $270.8 -
1964 $256.4 - $254.2 -
1963 $240.1 - $234.9 -
1962 $230.3 - $223.9 -
1961 $225.6 - $196.3 -
1960 $221.6 - $183.5 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Saint Kitts and Nevis' GDP per capita is $23,961, ranking 51/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Saint Kitts and Nevis ranks 64th at $34,847, while Syria ranks 160th at $4,650.

Economic indicators

Saint Kitts Syria
Gross domestic product
$1.12B
2024
$20B
2023
GDP rank
187/197
2024
129/197
2023
GDP growth
0.31%
2023-2024
-1.21%
2022-2023
GDP per capita
$23,961
2024
$847
2023
GDP per capita rank
51/197
2024
185/197
2023
GDP per capita, PPP
$34,847
2024
$4,650
2023
GDP per capita PPP rank
64/197
2024
160/197
2023
Government debt
$604M
2024
$18.4B
2010
Debt-to-GDP ratio
53.8%
2024
30%
2010
Government debt per person
$12,897
2024
$820
2010
Government debt per person rank
44/185
2024
148/185
2010
Average annual personal income after taxes
$13,301
2026
$730
2026
Income share by richest 10% n/a
21.1%
2022
Income share by poorest 10% n/a
3.8%
2022
Government expenditure, % of GDP
43.2%
2024
28.6%
2010
Consumer prices inflation
1.1%
2023-2024
13.4%
2018-2019
Unemployment rate
5.12%
2001
8.61%
2010
Population
47017
26829400

Spending and national debt comparison by year

Saint Kitts and Nevis
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Saint Kitts Syria
Government spending Government debt Government spending Government debt
2024 43.2% 53.8% - -
2023 43.1% 55.7% - -
2022 49.5% 60.3% - -
2021 41.2% 69.1% - -
2020 36.5% 68% - -
2019 37.2% 54.3% - -
2018 33.7% 53.9% - -
2017 25.5% 56.2% - -
2016 26.1% 57.4% - -
2015 29% 62.2% - -
2014 28% 69.3% - -
2013 28.6% 91.5% - -
2012 27.2% 121.4% - -
2011 30.3% 127.1% - -
2010 31.2% 134.9% 28.6% 30%
2009 30.4% 129.1% 26.7% 31.2%
2008 29.5% 123.4% 22.9% 37.3%
2007 32.2% 135.4% 25.7% 42.7%
2006 32.5% 140.3% 26.3% 45%
2005 34.7% 130.1% 28.2% 50.7%
2004 33.7% 153.1% 31.3% 113%
2003 30.9% 140.7% 32.6% 133.4%
2002 35.4% 119.7% 28.5% 132.4%
2001 30.9% 105.2% 28% 144.5%
2000 34.6% 96.5% 27.4% 152.1%
1999 33.6% 89.2% 28% 147.7%
1998 29.1% 79% 28.8% 151.2%
1997 26.3% 67.2% 29% 147.6%
1996 26.8% 50.7% 27.7% 141.5%
1995 23.7% - 29.8% 152.6%
1994 22.2% - 30.3% 163%
1993 21.3% - 29.4% 171.9%
1992 19.8% - 34.2% 173.6%
1991 18.2% - 34.3% 182.4%
1990 19.3% - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Saint Kitts and Nevis' government spending was $484M, accounting for 43.2% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 53.8% in Saint Kitts and Nevis and 30% in Syria, ranking 97/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Saint Kitts and Nevis

Syria
1x
Year Deficit/surplus, % of GDP
Saint Kitts Syria
2024 -11% -
2023 -0.27% -
2022 -4.16% -
2021 5.41% -
2020 -3.06% -
2019 -0.7% -
2018 1.8% -
2017 1.68% -
2016 3.77% -
2015 5.66% -
2014 8.52% -
2013 10.9% -
2012 4.32% -
2011 1.6% -
2010 -4.15% -7.79%
2009 -1.23% -2.89%
2008 -1.57% -2.86%
2007 -1.03% -2.99%
2006 -1.37% -1.12%
2005 -3.45% -4.41%
2004 -6.6% -4.18%
2003 -5.66% -2.7%
2002 -11.7% -2.02%
2001 -10.9% 2.3%
2000 -13.3% -1.36%
1999 -11.1% -1.47%
1998 -5.13% -2.81%
1997 -2.33% -1.78%
1996 -2.27% -2.83%
1995 0.9% -3.81%
1994 0.79% -6%
1993 0.24% -4.96%
1992 0.5% -7.26%
1991 0.92% -6.57%
1990 0.62% -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2010, Saint Kitts and Nevis' government deficit, the difference between spending and revenue, was $32.3M, equivalent to 4.15% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Saint Kitts and Nevis recorded a fiscal deficit in 15 of those years, while Syria ran a deficit in 20 years. On average, Saint Kitts and Nevis posted an annual deficit equal to 3.71% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Saint Kitts and Nevis

Syria
1x
Year Consumer prices inflation
Saint Kitts Syria
2024 1.1% -
2023 3.56% -
2022 2.67% -
2021 1.2% -
2020 -1.17% -
2019 -0.33% 13.4%
2018 -1.04% 0.94%
2017 0.69% 18.1%
2016 -0.69% 47.7%
2015 -2.3% 38.5%
2014 0.25% 10.9%
2013 1.11% 40%
2012 0.82% 36.7%
2011 5.84% 4.75%
2010 0.85% 4.4%
2009 2.06% 2.92%
2008 5.3% 15.7%
2007 4.48% 3.91%
2006 8.49% 10%
2005 3.38% 7.24%
2004 2.31% 4.43%
2003 2.24% 5.8%
2002 2.04% -0.13%
2001 2.3% 3%
2000 2.15% -3.85%
1999 3.36% -3.7%
1998 3.45% -0.8%
1997 8.91% 1.89%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 23 years, Saint Kitts and Nevis has recorded an average annual inflation rate of 2.42%, compared with 11.4% in Syria. In 2019, inflation was 1.1% in Saint Kitts and Nevis and 13.4% in Syria.

Balance of trade

Saint Kitts Syria
Current account balance
-$169M
2024
-$367M
2010
Current account balance ranking
96/190
2024
103/190
2010
Current account balance, % of GDP
-15.1%
2024
-0.6%
2010
Goods imports
$404M
2024
$15.9B
2010
Goods exports
$33.7M
2024
$12.3B
2010
Service imports
$239M
2024
$3.53B
2010
Service exports
$471M
2024
$7.33B
2010
Imports of goods and services, % of GDP n/a
28.8%
2022
Exports of goods and services, % of GDP
11%
2025
6.81%
2022

Economic freedom indices

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

Saint Kitts Syria
Economic freedom 62 51.2
Economic freedom ranking 90/197 155/197
Property rights n/a 4
Government integrity n/a 3.6
Judicial effectiveness n/a 3.7
Tax burden n/a 87.3
Government spending n/a 78.5
Fiscal health n/a 13.8
Business freedom n/a 33.8
Labor freedom n/a 37.2
Monetary freedom n/a 80
Trade freedom n/a 47
Investment freedom n/a 0
Financial freedom n/a 20

Other economic metrics

Saint Kitts Syria
Services, % of GDP
66.1%
2024
44.9%
2022
Industry, % of GDP
20.9%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
1.29%
2024
43.1%
2022
GNI, Atlas method
$1.05B
2024
$18.2B
2023
GNI per capita, PPP
$34,460
2024
$4,480
2023
Total reserves including gold
$295M
2024
$20.6B
2010
Total reserves ranking
168/177
2024
62/177
2010
Net foreign direct investment
-$19.5M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$42.1M
2024
$0
2024
Net outflows of foreign direct investment
$8.97M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.15%
2023
Poverty at national poverty lines n/a
35.2%
2007
Gross capital formation, % of GDP n/a
16%
1969

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2012–2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

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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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.