Indicators of economy in St. Kitts and Nevis

KNA · Latin America & Caribbean /

Location

GDP per capita: 22,771 USD (PPP: 35,545 intl$) (2024)

Income and purchasing power

The average monthly income in St. Kitts and Nevis is 1,859 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 22,310 USD
GDP (PPP) 35,545 intl$

Largest economic sectors

The main economic sectors in St. Kitts and Nevis play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Trade data for 2024 is under review and will be updated soon.

Household debt and deficits 2024

Indicator St. Kitts and Nevis
Government debt 57.7% of GDP

Corruption in St. Kitts and Nevis

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Inflation rates in percentages 2006 - 2024

Year Inflation Rate (%)
2024 1.1%
2023 3.6%
2022 2.7%
2021 1.2%
2020 -1.2%
2019 -0.3%
2018 -1.0%
2017 0.7%
2016 -0.7%
2015 -2.3%
2014 0.2%
2013 1.1%
2012 0.8%
2011 5.8%
2010 0.9%
2009 2.1%
2008 5.3%
2007 4.5%
2006 8.5%

Frequently Asked Questions

What is the GDP per capita of St. Kitts and Nevis in 2024?

The GDP per capita of St. Kitts and Nevis is 22,771 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 35,545 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in St. Kitts and Nevis?

The main economic sectors in St. Kitts and Nevis include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in St. Kitts and Nevis in 2024?

The inflation rate in St. Kitts and Nevis is 1.1% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of St. Kitts and Nevis including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare St. Kitts and Nevis's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of St. Kitts and Nevis's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025