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

Updated on by Georank team

Saint Kitts and Nevis has a GDP of $1.12B compared to $28.8T for the United States, ranking 187/197 and 1/197 by economy size, respectively.

Saint Kitts and Nevis has $604M in government debt (53.8% of GDP), compared to $35.2T (122.3% of GDP) in the United States.

Saint Kitts and Nevis vs United States GDP by year

Saint Kitts and Nevis
United States
1x
Year GDP, current $
Saint Kitts United States
2024 $1,122,388,889 $28,750,956,130,731
2023 $1,055,651,852 $27,292,170,793,214
2022 $981,429,630 $25,604,848,907,611
2021 $858,622,222 $23,315,080,560,000
2020 $883,922,222 $21,060,473,613,000
2019 $1,107,855,556 $21,380,976,119,000
2018 $1,076,548,148 $20,533,057,312,000
2017 $1,056,977,778 $19,477,336,549,000
2016 $1,006,818,519 $18,695,110,842,000
2015 $957,222,222 $18,206,020,741,000
2014 $952,111,111 $17,550,680,174,000
2013 $874,548,148 $16,843,190,993,000
2012 $824,585,185 $16,253,972,230,000
2011 $836,092,593 $15,599,728,123,000
2010 $778,718,519 $15,048,964,444,000
2009 $774,274,074 $14,478,064,934,000
2008 $777,692,593 $14,769,857,911,000
2007 $689,285,185 $14,474,226,905,000
2006 $644,414,815 $13,815,586,948,000
2005 $547,203,704 $13,039,199,193,000
2004 $506,900,000 $12,217,193,198,000
2003 $469,869,870 $11,456,442,041,000
2002 $481,077,374 $10,929,112,955,000
2001 $458,643,829 $10,581,929,774,000
2000 $421,695,770 $10,250,947,997,000
1999 $406,595,484 $9,631,174,489,000
1998 $383,257,331 $9,062,818,202,000
1997 $374,641,308 $8,577,554,457,000
1996 $333,944,444 $8,073,122,000,000
1995 $313,485,185 $7,639,749,000,000
1994 $295,159,259 $7,287,236,000,000
1993 $263,755,556 $6,858,559,000,000
1992 $242,137,037 $6,520,327,000,000
1991 $220,540,741 $6,158,129,000,000
1990 $217,259,259 $5,963,144,000,000
1989 $192,518,519 $5,641,580,000,000
1988 $172,692,593 $5,236,438,000,000
1987 $147,748,148 $4,855,215,000,000
1986 $130,685,185 $4,579,631,000,000
1985 $111,007,407 $4,338,979,000,000
1984 $98,603,704 $4,037,613,000,000
1983 $86,874,074 $3,634,038,000,000
1982 $86,022,222 $3,343,789,000,000
1981 $80,888,889 $3,207,041,000,000
1980 $68,459,259 $2,857,307,000,000
1979 $58,840,741 $2,627,333,000,000
1978 $49,433,333 $2,351,599,000,000
1977 $44,496,296 $2,081,826,000,000
1976 $30,095,602 $1,873,412,000,000
1975 $33,364,055 $1,684,904,000,000
1974 $31,514,856 $1,545,243,000,000
1973 $24,196,018 $1,425,376,000,000
1972 $22,944,849 $1,279,110,000,000
1971 $19,624,746 $1,164,850,000,000
1970 $16,300,000 $1,073,303,000,000
1969 $15,850,000 $1,017,438,172,414
1968 $14,600,000 $940,225,000,000
1967 $16,742,338 $859,620,034,483
1966 $14,469,078 $813,032,758,621
1965 $13,593,932 $741,904,862,069
1964 $13,416,633 $684,144,620,690
1963 $12,833,301 $637,058,551,724
1962 $12,541,635 $603,639,413,793
1961 $12,483,302 $561,940,310,345
1960 $12,366,636 $541,988,586,207

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

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

GDP per capita in Saint Kitts and Nevis vs United States by year

Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
United States
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Kitts United States
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,961 $34,847 $84,534 $85,810
2023 $22,577 $33,980 $81,490 $82,305
2022 $21,012 $31,871 $76,829 $77,861
2021 $18,361 $26,897 $70,249 $71,307
2020 $18,859 $27,326 $63,526 $64,402
2019 $23,595 $32,482 $65,120 $65,228
2018 $22,901 $30,795 $62,823 $62,876
2017 $22,465 $29,579 $59,908 $60,048
2016 $21,388 $28,215 $57,867 $57,977
2015 $20,329 $26,877 $56,763 $56,849
2014 $20,219 $26,756 $55,124 $55,153
2013 $18,580 $24,624 $53,291 $53,297
2012 $17,532 $23,458 $51,784 $51,708
2011 $17,832 $24,550 $50,066 $50,025
2010 $16,623 $23,691 $48,651 $48,643
2009 $16,503 $23,385 $47,195 $47,195
2008 $16,605 $24,102 $48,570 $48,570
2007 $14,758 $21,301 $48,050 $48,050
2006 $13,838 $20,676 $46,302 $46,302
2005 $11,784 $19,500 $44,123 $44,123
2004 $10,945 $17,276 $41,725 $41,725
2003 $10,176 $16,226 $39,490 $39,490
2002 $10,454 $16,619 $37,998 $37,998
2001 $10,023 $16,235 $37,134 $37,134
2000 $9,320 $15,256 $36,330 $36,330
1999 $9,116 $13,754 $34,484 $34,515
1998 $8,711 $13,319 $32,823 $32,854
1997 $8,627 $13,409 $31,430 $31,459
1996 $7,788 $12,498 $29,937 $29,968
1995 $7,406 $11,747 $28,661 $28,691
1994 $7,065 $11,062 $27,662 $27,695
1993 $6,395 $10,418 $26,353 $26,387
1992 $5,947 $9,652 $25,381 $25,419
1991 $5,465 $9,131 $24,293 $24,342
1990 $5,373 $8,983 $23,840 $23,889
1989 $4,723 - $22,857 -
1988 $4,206 - $21,417 -
1987 $3,573 - $20,039 -
1986 $3,140 - $19,071 -
1985 $2,651 - $18,237 -
1984 $2,341 - $17,121 -
1983 $2,052 - $15,544 -
1982 $2,023 - $14,434 -
1981 $1,894 - $13,976 -
1980 $1,598 - $12,613 -
1979 $1,367 - $11,674 -
1978 $1,144 - $10,565 -
1977 $1,026 - $9,453 -
1976 $692 - $8,592 -
1975 $765 - $7,801 -
1974 $721 - $7,226 -
1973 $551 - $6,726 -
1972 $521 - $6,094 -
1971 $444 - $5,609 -
1970 $365 - $5,234 -
1969 $347 - $5,020 -
1968 $309 - $4,685 -
1967 $344 - $4,326 -
1966 $290 - $4,136 -
1965 $265.8 - $3,818 -
1964 $256.4 - $3,565 -
1963 $240.1 - $3,366 -
1962 $230.3 - $3,236 -
1961 $225.6 - $3,059 -
1960 $221.6 - $3,000 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06); U.S. Census Bureau (1960–2024, retrieved 2026-02-08).

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

Saint Kitts and Nevis' GDP per capita is $23,961, ranking 51/197, compared to $84,534 in the United States, ranking 10/197. Adjusted for purchasing power (GDP per capita PPP), Saint Kitts and Nevis ranks 64th at $34,847, while the United States ranks 12th at $85,810.

Economic indicators

Saint Kitts United States
Gross domestic product
$1.12B
2024
$28.8T
2024
GDP rank
187/197
2024
1/197
2024
GDP growth
0.31%
2023-2024
2.79%
2023-2024
GDP per capita
$23,961
2024
$84,534
2024
GDP per capita rank
51/197
2024
10/197
2024
GDP per capita, PPP
$34,847
2024
$85,810
2024
GDP per capita PPP rank
64/197
2024
12/197
2024
Government debt
$604M
2024
$35.2T
2024
Debt-to-GDP ratio
53.8%
2024
122.3%
2024
Government debt per person
$12,897
2024
$103,404
2024
Government debt per person rank
44/185
2024
2/185
2024
Average annual personal income after taxes
$13,301
2026
$53,202
2026
Market capitalization of domestic companies n/a
$62.2T
2024
Number of millionaires n/a
23,831,000
2025
Number of billionaires n/a
902
2025
Income share by richest 10% n/a
30.4%
2023
Income share by poorest 10% n/a
1.8%
2023
Government expenditure, % of GDP
43.2%
2024
37.9%
2024
Consumer prices inflation
1.1%
2023-2024
2.95%
2023-2024
Central bank interest rate n/a
3.75%
2025
Unemployment rate
5.12%
2001
4.02%
2024
Population
47017
344023146

Spending and national debt comparison by year

Saint Kitts and Nevis
Spending

Debt
United States
Spending

Debt
1x
Year % of GDP
Saint Kitts United States
Government spending Government debt Government spending Government debt
2024 43.2% 53.8% 37.9% 122.3%
2023 43.1% 55.7% 37.7% 119.8%
2022 49.5% 60.3% 36.8% 119.1%
2021 41.2% 69.1% 43.2% 125%
2020 36.5% 68% 44.7% 132.5%
2019 37.2% 54.3% 35.8% 108.8%
2018 33.7% 53.9% 35.3% 107.6%
2017 25.5% 56.2% 35.2% 106.4%
2016 26.1% 57.4% 35.3% 107.4%
2015 29% 62.2% 35% 105.4%
2014 28% 69.3% 35.3% 104.9%
2013 28.6% 91.5% 35.8% 105%
2012 27.2% 121.4% 37.2% 103.7%
2011 30.3% 127.1% 38.8% 100%
2010 31.2% 134.9% 39.8% 95.6%
2009 30.4% 129.1% 41.4% 87.1%
2008 29.5% 123.4% 37.1% 73.8%
2007 32.2% 135.4% 34.6% 64.9%
2006 32.5% 140.3% 33.7% 64.5%
2005 34.7% 130.1% 33.9% 65.8%
2004 33.7% 153.1% 33.7% 66.4%
2003 30.9% 140.7% 34% 59%
2002 35.4% 119.7% 33.7% 55.9%
2001 30.9% 105.2% 32.8% 53.5%
2000 34.6% 96.5% 31.7% 54.5%
1999 33.6% 89.2% 32.2% 60.5%
1998 29.1% 79% 32.8% 64.2%
1997 26.3% 67.2% 33.7% 67.4%
1996 26.8% 50.7% 34.7% 69.9%
1995 23.7% - 35.5% 70.7%
1994 22.2% - 35.5% 71.1%
1993 21.3% - 36.4% 71.9%
1992 19.8% - 36.7% 70.3%
1991 18.2% - 35.7% 67.9%
1990 19.3% - 34.5% 63.1%
1989 - - 33.7% 61.6%
1988 - - 33.7% 61.3%
1987 - - 34.3% 60.6%
1986 - - 34.8% 58.9%
1985 - - 34.5% 55.4%
1984 - - 34.3% 50.6%
1983 - - 35.7% 48.9%
1982 - - 35.8% 45.9%
1981 - - 33.9% 41.1%
1980 - - 33.7% 41.9%
1979 - - 32% 41.2%
1978 - - 32.6% 42.5%
1977 - - 33.4% 43.6%
1976 - - 34.2% 44.8%
1975 - - 35.2% 44.6%
1974 - - 32.9% 41.4%
1973 - - 31.9% 42.6%
1972 - - 32.8% 45.4%
1971 - - 32.3% 47%
1970 - - 31.5% 46.4%
1969 - - 29.3% 45.9%
1968 - - 29.1% 48.5%
1967 - - 28.3% 50.4%
1966 - - 26.3% 50.6%
1965 - - 25.4% 53.7%
1964 - - 25.6% 56.7%
1963 - - 26% 58.8%
1962 - - 26% 60.2%
1961 - - 25.9% 62.3%
1960 - - 24.9% 61.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Saint Kitts and Nevis' government spending was $484M, accounting for 43.2% of its GDP, while the United States spent $10.9T, or 37.9% of GDP.

Debt-to-GDP ratio is 53.8% in Saint Kitts and Nevis and 122.3% in the United States, ranking 97/185 and 12/185, respectively.

Government deficit by year

Deficit/surplus
Saint Kitts and Nevis

United States
1x
Year Deficit/surplus, % of GDP
Saint Kitts United States
2024 -11% -8.03%
2023 -0.27% -7.8%
2022 -4.16% -3.72%
2021 5.41% -11.4%
2020 -3.06% -14.1%
2019 -0.7% -5.81%
2018 1.8% -5.33%
2017 1.68% -4.79%
2016 3.77% -4.36%
2015 5.66% -3.53%
2014 8.52% -4.03%
2013 10.9% -4.56%
2012 4.32% -8.11%
2011 1.6% -9.72%
2010 -4.15% -11%
2009 -1.23% -13.2%
2008 -1.57% -6.61%
2007 -1.03% -2.91%
2006 -1.37% -2.04%
2005 -3.45% -3.07%
2004 -6.6% -4.24%
2003 -5.66% -4.77%
2002 -11.7% -3.82%
2001 -10.9% -0.54%
2000 -13.3% 3.62%
1999 -11.1% 2.71%
1998 -5.13% 2.18%
1997 -2.33% 0.88%
1996 -2.27% -0.46%
1995 0.9% -1.7%
1994 0.79% -2.05%
1993 0.24% -3.35%
1992 0.5% -3.98%
1991 0.92% -2.72%
1990 0.62% -1.64%
1989 - -0.8%
1988 - -1.06%
1987 - -1.53%
1986 - -2.81%
1985 - -2.63%
1984 - -2.97%
1983 - -4.26%
1982 - -3.78%
1981 - -1.58%
1980 - -2.17%
1979 - -0.79%
1978 - -1.7%
1977 - -2.57%
1976 - -3.63%
1975 - -5.4%
1974 - -1.27%
1973 - -0.86%
1972 - -1.86%
1971 - -2.63%
1970 - -1.21%
1969 - 2.11%
1968 - 1.23%
1967 - 0.47%
1966 - 2.07%
1965 - 2.38%
1964 - 2.18%
1963 - 2.87%
1962 - 2.32%
1961 - 2.28%
1960 - 3.2%
1959 - -9.06%
1958 - -8.68%
1957 - -6.72%
1956 - -6.02%
1955 - -7.4%
1954 - -5.55%
1953 - -5.76%
1952 - -5.41%
1951 - -6.93%
1950 - -8.22%
1949 - -7.94%
1948 - -4.16%
1947 - -3.99%
1946 - -6.45%
1945 - -14.1%
1944 - -13.4%
1943 - -19.3%
1942 - -16.3%
1941 - -10.2%
1940 - -9.73%
1939 - -11.9%
1938 - -10.4%
1937 - -9.22%
1936 - -12.1%
1935 - -13.3%
1934 - -14.9%
1933 - -14.3%
1932 - -12.7%
1931 - -9.76%
1930 - -5.46%
1929 - -4.58%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Saint Kitts and Nevis' government deficit, the difference between spending and revenue, was $123M, equivalent to 11% of GDP. This compares to the United States' deficit of $2.31T, or 8.03% of GDP.

Over the past 35 years, Saint Kitts and Nevis recorded a fiscal deficit in 20 of those years, while the United States ran a deficit in 31 years. On average, Saint Kitts and Nevis posted an annual deficit equal to 1.52% of GDP, compared to deficit of 4.4% of GDP for the United States.

Inflation comparison by year

Inflation
Saint Kitts and Nevis

United States
1x
Year Consumer prices inflation
Saint Kitts United States
2024 1.1% 2.95%
2023 3.56% 4.12%
2022 2.67% 8%
2021 1.2% 4.7%
2020 -1.17% 1.23%
2019 -0.33% 1.81%
2018 -1.04% 2.44%
2017 0.69% 2.13%
2016 -0.69% 1.26%
2015 -2.3% 0.12%
2014 0.25% 1.62%
2013 1.11% 1.46%
2012 0.82% 2.07%
2011 5.84% 3.16%
2010 0.85% 1.64%
2009 2.06% -0.36%
2008 5.3% 3.84%
2007 4.48% 2.85%
2006 8.49% 3.23%
2005 3.38% 3.39%
2004 2.31% 2.68%
2003 2.24% 2.27%
2002 2.04% 1.59%
2001 2.3% 2.83%
2000 2.15% 3.38%
1999 3.36% 2.19%
1998 3.45% 1.55%
1997 8.91% 2.34%

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

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

Over the past 28 years, Saint Kitts and Nevis has recorded an average annual inflation rate of 2.25%, compared with 2.52% in the United States. In 2024, inflation was 1.1% in Saint Kitts and Nevis and 2.95% in the United States.

Top exports between countries

Saint Kitts
Export category Export value
Machinery & equipment $17.4M
Precious metals & jewellery $1.81M
Wood & paper products $1.6M
Processed food, beverages & tobacco $590K
Textiles & consumer goods $507K
Metals $438K
Miscellaneous $306K
Animal & marine products $94K
Raw agricultural goods $18K
Raw materials & minerals $18K
United States
Export category Export value
Machinery & equipment $41.7M
Miscellaneous $19.3M
Raw materials & minerals $16.4M
Chemicals & pharma $14.6M
Processed food, beverages & tobacco $14.3M
Precious metals & jewellery $14M
Animal & marine products $12M
Textiles & consumer goods $10.8M
Wood & paper products $7.8M
Metals $6.18M

Balance of trade

Saint Kitts United States
Current account balance
-$169M
2024
-$1.19T
2024
Current account balance ranking
96/190
2024
190/190
2024
Current account balance, % of GDP
-15.1%
2024
-4.12%
2024
Goods imports
$404M
2024
$3.3T
2024
Goods exports
$33.7M
2024
$2.08T
2024
Service imports
$239M
2024
$841B
2024
Service exports
$471M
2024
$1.15T
2024
Imports of goods and services, % of GDP n/a
14.3%
2024
Exports of goods and services, % of GDP
11%
2025
11.1%
2024

Economic freedom indices

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

Saint Kitts United States
Economic freedom 62 72.8
Economic freedom ranking 90/197 27/197
Property rights n/a 91.6
Government integrity n/a 77.1
Judicial effectiveness n/a 76.4
Tax burden n/a 75.3
Government spending n/a 57.9
Fiscal health n/a 18.5
Business freedom n/a 88.6
Labor freedom n/a 76.3
Monetary freedom n/a 84.2
Trade freedom n/a 67.6
Investment freedom n/a 80
Financial freedom n/a 80

Other economic metrics

Saint Kitts United States
Services, % of GDP
66.1%
2024
79.7%
2024
Industry, % of GDP
20.9%
2024
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
1.29%
2024
0.85%
2024
GNI, Atlas method
$1.05B
2024
$28.4T
2024
GNI per capita, PPP
$34,460
2024
$85,980
2024
Total reserves including gold
$295M
2024
$910B
2024
Total reserves ranking
168/177
2024
3/177
2024
Net foreign direct investment
-$19.5M
2024
$25.1B
2024
Net inflows of foreign direct investment
$42.1M
2024
$297B
2024
Net outflows of foreign direct investment
$8.97M
2024
$322B
2024
Poverty at national poverty lines n/a
15.1%
2020
Gross capital formation, % of GDP n/a
21.8%
2024

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/united-states | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-02-20)
  4. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  5. TradeMap (2017–2024, retrieved 2026-02-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.