Saint Kitts and Nevis (St. Kitts & Nevis) Economic Statistics and Indicators

20, Sep 2020, EDT. Welcome to the Saint Kitts and Nevis economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Saint Kitts and Nevis (St. Kitts & Nevis) › Change country
National or Regional Currency: East Caribbean Dollar, CXD
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 51,538 (July 2014 est.)
Area: total: 261 sq km (Saint Kitts 168 sq km; Nevis 93 sq km) ; land: 261 sq km ; water: 0 sq km
Natural Resources: arable land
Capital: name: Basseterre ; geographic coordinates: 17 18 N, 62 43 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

The economy of Saint Kitts and Nevis depends on tourism; since the 1970s tourism has replaced sugar as the traditional mainstay of the economy. Following the 2005 harvest, the government closed the sugar industry, after several decades of losses. To compensate for lost jobs, the government has embarked on a program to diversify the agricultural sector and to stimulate other sectors of the economy, such as export-oriented manufacturing and offshore banking. Roughly 200,000 tourists visited the islands in 2009, but reduced tourism arrivals and foreign investment led to an economic contraction in 2009-2012, and the economy returned to growth only in 2013. Like other tourist destinations in the Caribbean, St. Kitts and Nevis is vulnerable to damage from natural disasters and shifts in tourism demand. The government has made notable progress on reducing its public debt—from 154% of GDP in 2011 to 83% in 2013—although it still faces one of the highest levels in the world, largely attributable to public enterprise losses.

GDP (Constant Prices, National Currency) for Saint Kitts and Nevis in year 2015 is CXD 1.72 Billion.

GDP Growth (Constant Prices, National Currency) for Saint Kitts and Nevis in year 2015 is 6.606 %.

GDP (Current Prices, National Currency) for Saint Kitts and Nevis in year 2015 is CXD 2.418 Billion.

GDP (Current Prices, US Dollars) for Saint Kitts and Nevis in year 2015 is US$ 0.896 Billion.

GDP Deflator for Saint Kitts and Nevis in year 2015 is 140.617 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Saint Kitts and Nevis in year 2015 is CXD 30,932.50 .

GDP Per Capita (Current Prices, National Currency) for Saint Kitts and Nevis in year 2015 is CXD 43,496.21 .

GDP Per Capita (Current Prices, US Dollars) for Saint Kitts and Nevis in year 2015 is US$ 16,109.71 .

GDP (PPP), US Dollars for Saint Kitts and Nevis in year 2015 is US$ 1.379 Billion.

GDP Per Capita (PPP), US Dollars for Saint Kitts and Nevis in year 2015 is US$ 24,808.27 .

GDP Share of World Total (PPP) for Saint Kitts and Nevis in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Saint Kitts and Nevis in year 2015 is 1.753 .

Investment (% of GDP) for Saint Kitts and Nevis in year 2015 is 29.917 %.

Gross National Savings (% of GDP) for Saint Kitts and Nevis in year 2015 is 16.909 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Saint Kitts and Nevis in year 2015 is 108.772 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Saint Kitts and Nevis in year 2015 is -2.803 %.

Inflation, End of Year (Indexed to Year 2000) for Saint Kitts and Nevis in year 2015 is 107.799 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Saint Kitts and Nevis in year 2015 is -2.928 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Saint Kitts and Nevis in year 2015 is 20.801 %.

Import Volumes of Goods Only (Percent Change) for Saint Kitts and Nevis in year 2015 is 22.597 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Saint Kitts and Nevis in year 2015 is 10.243 %.

Export Volumes of Goods Only (Percent Change) for Saint Kitts and Nevis in year 2015 is 4.167 %.

Population for Saint Kitts and Nevis in year 2015 is 0.056 Million .

General government revenue (National Currency) for Saint Kitts and Nevis in year 2015 is CXD 0.889 Billions.

General government revenue (% of GDP) for Saint Kitts and Nevis in year 2015 is 36.773 %.

General government total expenditure (National Currency) for Saint Kitts and Nevis in year 2015 is CXD 0.754 Billions.

General government total expenditure (% of GDP) for Saint Kitts and Nevis in year 2015 is 31.176 %.

Total Government Net Lending/ Borrowing (National Currency) for Saint Kitts and Nevis in year 2015 is CXD 0.135 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Saint Kitts and Nevis in year 2015 is 5.597 %.

Fiscal Year Gross Domestic Product, Current Prices for Saint Kitts and Nevis in year 2015 is CXD 2.418 Billions.

Current Account Balance (US Dollars) for Saint Kitts and Nevis in year 2015 is US$ -0.117 Billion.

Current Account Balance (% GDP) for Saint Kitts and Nevis in year 2015 is -13.008 %.