Saint Kitts and Nevis vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Taiwan and Saint Kitts and Nevis ranked 38th vs 48th, respectively.

Gross Domestic Product & Income

StatSaint Kitts and NevisTaiwan
GDP$1B$585.8B
GDP growth, 1 year2.92%2.6%
GDP growth, 5-years averageN/A2.4%
Population55k23.6M
GDP per capita$19k$25k
GDP per capita growth2.15%N/A
Purchasing Power Parity conversion factor1.72N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.64N/A
GDP per capita, PPP adjusted$30k$53k
GNI, Atlas method$961.5MN/A
GNI per capita$18kN/A
GNI, PPP adjusted$1.5BN/A
GNI per capita, PPP adjusted$29kN/A

Financial system and Human development

StatSaint Kitts and NevisTaiwan
Income Tax RateN/A45%
Corporate Tax RateN/A20%
Inflation, consumer prices-1%1.5%
Inflation, GDP deflator-1.5%N/A
Unemployment5.1%3.7%
Economic Freedom Index6277.1
Personal Freedom Index6.28.09
Human Freedom Index6.27.79
Property Rights IndexN/A86.9
Judical Effectiveness IndexN/A70.1
Business Freedom IndexN/A93.9
Fiscal Health IndexN/A91
Labor Freedom IndexN/A60.3
Investment Freedom IndexN/A60
Financial Freedom IndexN/A60
Trade Freedom IndexN/A86
Monetary Freedom IndexN/A82.7
Government Spending IndexN/A90.5
Tax Burden IndexN/A75
Government Integrity IndexN/A68.9
Corruption Perceptions Index6063
Life expectancy at birth, years71.380.2
Suicide mortality rate, per 100,000 people112.5
Mortality caused by road traffic injury, per 100,000 people26.3
Intentional homicides, per 100,000 people34.20.8
International tourism, number of arrivals125kN/A

Government debt & reserves

StatSaint Kitts and NevisTaiwan
Central government debt, % of GDP59.9%35%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including gold$363.2MN/A
Foreign direct investment net inflows$93.6MN/A

Exports, imports and economic structure

StatSaint Kitts and NevisTaiwan
Exports of goods and services, % of GDP59.9%N/A
Imports of goods and services, % of GDP58.8%N/A
Current account balance (balance of payments)-$72.4MN/A
Revenue excluding grants, % of GDP27.9%N/A
Grants excluding technical cooperation, BoP$15.6MN/A
Personal remittances received$25.9MN/A
Industry including construction value added, % of GDP25.7%N/A
Agriculture, forestry and fishing value added, % of GDP1.2%N/A
Charges for the use of intellectual property, payments BoP$1.8MN/A
Charges for the use of intellectual property, receipts BoP$100kN/A
Expense, % of GDP24.3%N/A
Government Expenditure, % of GDPN/A17.8%

Compare with countries close by GDP per capita

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k