Saint Kitts and Nevis vs Uruguay: Economic Indicators Comparison
Uruguay with a GDP of $59.6B ranked the 79th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Uruguay and Saint Kitts and Nevis ranked 52nd vs 48th, respectively.
Gross Domestic Product & Income
| Stat |  Saint Kitts and Nevis |  Uruguay |
|---|---|---|
| GDP | $1B | $59.6B |
| GDP growth, 1 year | 2.92% | 2.1% |
| GDP growth, 5-years average | N/A | 2% |
| Population | 55k | 3.5M |
| GDP per capita | $19k | $17k |
| GDP per capita growth | 2.15% | 1.25% |
| Purchasing Power Parity conversion factor | 1.72 | 22.52 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.64 | 0.73 |
| GDP per capita, PPP adjusted | $30k | $23k |
| GNI, Atlas method | $961.5M | $54B |
| GNI per capita | $18k | $16k |
| GNI, PPP adjusted | $1.5B | $75.7B |
| GNI per capita, PPP adjusted | $29k | $22k |
Financial system and Human development
| Stat | Saint Kitts and Nevis | Uruguay |
|---|---|---|
| Income Tax Rate | N/A | 30% |
| Corporate Tax Rate | N/A | 25% |
| Inflation, consumer prices | -1% | 7.6% |
| Inflation, GDP deflator | -1.5% | 5.6% |
| Unemployment | 5.1% | 8% |
| Economic Freedom Index | 62 | 69.1 |
| Personal Freedom Index | 6.2 | 8.78 |
| Human Freedom Index | 6.2 | 7.93 |
| Property Rights Index | N/A | 72 |
| Judical Effectiveness Index | N/A | 59.8 |
| Business Freedom Index | N/A | 73.6 |
| Fiscal Health Index | N/A | 72.3 |
| Labor Freedom Index | N/A | 71 |
| Investment Freedom Index | N/A | 85 |
| Financial Freedom Index | N/A | 30 |
| Trade Freedom Index | N/A | 77.4 |
| Monetary Freedom Index | N/A | 72.7 |
| Government Spending Index | N/A | 66.5 |
| Tax Burden Index | N/A | 75.2 |
| Government Integrity Index | N/A | 73.5 |
| Corruption Perceptions Index | 60 | 70 |
| Life expectancy at birth, years | 71.3 | 77.6 |
| Suicide mortality rate, per 100,000 people | 1 | 18.4 |
| Mortality caused by road traffic injury, per 100,000 people | 2 | 13.4 |
| Intentional homicides, per 100,000 people | 34.2 | 8.2 |
| International tourism, number of arrivals | 125k | 3.5M |
Government debt & reserves
| Stat | Saint Kitts and Nevis | Uruguay |
|---|---|---|
| Central government debt, % of GDP | 59.9% | 70% |
| 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 | 10.2% |
| Gross savings, % of GDP | N/A | 12% |
| Gross capital formation, % of GDP | N/A | 16.5% |
| Total reserves including gold | $363.2M | $15.6B |
| Foreign direct investment net inflows | $93.6M | $1.2B |
Exports, imports and economic structure
| Stat | Saint Kitts and Nevis | Uruguay |
|---|---|---|
| Exports of goods and services, % of GDP | 59.9% | 21% |
| Imports of goods and services, % of GDP | 58.8% | 19% |
| Current account balance (balance of payments) | -$72.4M | $75.7M |
| Revenue excluding grants, % of GDP | 27.9% | 34.4% |
| Grants excluding technical cooperation, BoP | $15.6M | $9.1M |
| Personal remittances received | $25.9M | $104.3M |
| Industry including construction value added, % of GDP | 25.7% | 24.5% |
| Agriculture, forestry and fishing value added, % of GDP | 1.2% | 5.6% |
| Charges for the use of intellectual property, payments BoP | $1.8M | $124.2M |
| Charges for the use of intellectual property, receipts BoP | $100k | $44.7M |
| Expense, % of GDP | 24.3% | 35% |
| Government Expenditure, % of GDP | N/A | 33.4% |
