Saint Kitts and Nevis vs Trinidad and Tobago: Economic Indicators Comparison

Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Trinidad and Tobago and Saint Kitts and Nevis ranked 53rd vs 48th, respectively.

Gross Domestic Product & Income

Stat	Saint Kitts and Nevis	Trinidad and Tobago
GDP	$1B	$23.8B
GDP growth, 1 year	2.92%	0.3%
GDP growth, 5-years average	N/A	-1.5%
Population	55k	1.4M
GDP per capita	$19k	$17k
GDP per capita growth	2.15%	-0.66%
Purchasing Power Parity conversion factor	1.72	3.62
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.54
GDP per capita, PPP adjusted	$30k	$32k
GNI, Atlas method	$961.5M	$22.2B
GNI per capita	$18k	$16k
GNI, PPP adjusted	$1.5B	$43.1B
GNI per capita, PPP adjusted	$29k	$31k

Financial system and Human development

Stat	Saint Kitts and Nevis	Trinidad and Tobago
Income Tax Rate	N/A	25%
Corporate Tax Rate	N/A	25%
Inflation, consumer prices	-1%	1.1%
Inflation, GDP deflator	-1.5%	6.1%
Unemployment	5.1%	2.8%
Economic Freedom Index	62	58.3
Personal Freedom Index	6.2	6.88
Human Freedom Index	6.2	6.81
Property Rights Index	N/A	56.6
Judical Effectiveness Index	N/A	42.1
Business Freedom Index	N/A	67.3
Fiscal Health Index	N/A	15.9
Labor Freedom Index	N/A	76
Investment Freedom Index	N/A	60
Financial Freedom Index	N/A	50
Trade Freedom Index	N/A	67.8
Monetary Freedom Index	N/A	77.4
Government Spending Index	N/A	66.5
Tax Burden Index	N/A	82.6
Government Integrity Index	N/A	37.4
Corruption Perceptions Index	60	41
Life expectancy at birth, years	71.3	73.2
Suicide mortality rate, per 100,000 people	1	13.6
Mortality caused by road traffic injury, per 100,000 people	2	12.1
Intentional homicides, per 100,000 people	34.2	30.9
International tourism, number of arrivals	125k	375k

Government debt & reserves

Stat	Saint Kitts and Nevis	Trinidad and Tobago
Central government debt, % of GDP	59.9%	45.3%
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	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$363.2M	$8.1B
Foreign direct investment net inflows	$93.6M	-$602.5M

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	Trinidad and Tobago
Exports of goods and services, % of GDP	59.9%	N/A
Imports of goods and services, % of GDP	58.8%	N/A
Current account balance (balance of payments)	-$72.4M	$1.2B
Revenue excluding grants, % of GDP	27.9%	38.4%
Grants excluding technical cooperation, BoP	$15.6M	$2.4M
Personal remittances received	$25.9M	$138.7M
Industry including construction value added, % of GDP	25.7%	42%
Agriculture, forestry and fishing value added, % of GDP	1.2%	1%
Charges for the use of intellectual property, payments BoP	$1.8M	$63.9M
Charges for the use of intellectual property, receipts BoP	$100k	$882k
Expense, % of GDP	24.3%	35.9%
Government Expenditure, % of GDP	N/A	33.4%