Saint Kitts and Nevis vs the United Kingdom: Economic Indicators Comparison

The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, the United Kingdom and Saint Kitts and Nevis ranked 23rd vs 48th, respectively.

Gross Domestic Product & Income

Stat	Saint Kitts and Nevis	United Kingdom
GDP	$1B	$2.9T
GDP growth, 1 year	2.92%	1.4%
GDP growth, 5-years average	N/A	2.1%
Population	55k	66M
GDP per capita	$19k	$43k
GDP per capita growth	2.15%	0.73%
Purchasing Power Parity conversion factor	1.72	0.7
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.93
GDP per capita, PPP adjusted	$30k	$46k
GNI, Atlas method	$961.5M	$2.8T
GNI per capita	$18k	$42k
GNI, PPP adjusted	$1.5B	$3T
GNI per capita, PPP adjusted	$29k	$45k

Financial system and Human development

Stat	Saint Kitts and Nevis	United Kingdom
Income Tax Rate	N/A	45%
Corporate Tax Rate	N/A	20%
Inflation, consumer prices	-1%	2.5%
Inflation, GDP deflator	-1.5%	1.9%
Unemployment	5.1%	4%
Economic Freedom Index	62	79.3
Personal Freedom Index	6.2	9.08
Human Freedom Index	6.2	8.55
Property Rights Index	N/A	92.2
Judical Effectiveness Index	N/A	82.7
Business Freedom Index	N/A	94.7
Fiscal Health Index	N/A	78.1
Labor Freedom Index	N/A	73.1
Investment Freedom Index	N/A	80
Financial Freedom Index	N/A	80
Trade Freedom Index	N/A	86.4
Monetary Freedom Index	N/A	80.3
Government Spending Index	N/A	49.5
Tax Burden Index	N/A	64.7
Government Integrity Index	N/A	89.9
Corruption Perceptions Index	60	80
Life expectancy at birth, years	71.3	81.2
Suicide mortality rate, per 100,000 people	1	8.9
Mortality caused by road traffic injury, per 100,000 people	2	3.1
Intentional homicides, per 100,000 people	34.2	1.2
International tourism, number of arrivals	125k	36.3M

Government debt & reserves

Stat	Saint Kitts and Nevis	United Kingdom
Central government debt, % of GDP	59.9%	86.9%
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	5.5%
Gross savings, % of GDP	N/A	13.4%
Gross capital formation, % of GDP	N/A	17.3%
Total reserves including gold	$363.2M	$172.7B
Foreign direct investment net inflows	$93.6M	$35.1B

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	United Kingdom
Exports of goods and services, % of GDP	59.9%	30%
Imports of goods and services, % of GDP	58.8%	31.8%
Current account balance (balance of payments)	-$72.4M	-$123.1B
Revenue excluding grants, % of GDP	27.9%	35.3%
Grants excluding technical cooperation, BoP	$15.6M	N/A
Personal remittances received	$25.9M	$4.4B
Industry including construction value added, % of GDP	25.7%	17.5%
Agriculture, forestry and fishing value added, % of GDP	1.2%	0.6%
Charges for the use of intellectual property, payments BoP	$1.8M	$13.5B
Charges for the use of intellectual property, receipts BoP	$100k	$21.7B
Expense, % of GDP	24.3%	36%
Government Expenditure, % of GDP	N/A	41%