Saint Kitts and Nevis: economy

What is the GDP growth rate of St Kitts and Nevis?

Real GDP in St Kitts and Nevis grew 2.1% in 2025, up from 0.3% in 2024 but below the 2.7% estimated in December 2025, according to the Eastern Caribbean Central Bank's Economic and Financial Review (2025 update) for the country, published in September 2026. The downward revision came mainly from a 4.2% fall in product taxes.

Construction is the largest sector, at 15.3% of GDP, followed by financial intermediation (12.1%) and real estate (11.7%). Public investment, including the Basseterre desalination plant and road projects, supported activity. Nominal GDP was EC$3,168.5 million. The bank estimates growth of 2.3% in 2026 and 2027, close to the long-run average of 2.3%.

Official sources: ECCB: St Kitts and Nevis Economic and Financial Review, 2025 update (PDF)

How many tourists visit St Kitts and Nevis?

St Kitts and Nevis recorded 1,068,382 visitor arrivals in 2025, 18.5% more than in 2024 and the first time above one million since the COVID-19 pandemic, according to the Eastern Caribbean Central Bank's Economic and Financial Review (2025 update) for the country. Stayover arrivals grew 1.9% to 133,750, and cruise arrivals rose 21.3%.

Most arrivals are cruise passengers, who spend only part of a day ashore, so stayover numbers matter more for tourism spending. Stayover visitors from the Caribbean rose 9.0% and were 12.4% above their 2019 level. Travel receipts were EC$1,117.7 million in 2025. The Department of Statistics publishes monthly air and sea arrivals.

Official sources: ECCB: St Kitts and Nevis Economic and Financial Review, 2025 update (PDF) · Department of Statistics: Tourism and travel

Is Saint Kitts and Nevis' economy growing?

2.7%: that is real GDP growth in Saint Kitts and Nevis for 2025, according to the World Bank. Since 2005 it has ranged from -15.3% (2020) to 11.3% (2008). Latin America & Caribbean median: 2.7%; Saint Kitts and Nevis is 18th highest of 31. Worldwide: 112th of 180.

What is Saint Kitts and Nevis' GDP per person?

In 2025, GDP per person in Saint Kitts and Nevis was $25,223, according to the World Bank. That is the highest since at least 2005. Across Latin America & Caribbean the middle value was $10,989, and Saint Kitts and Nevis placed 3rd highest of 31. World rank, highest first: 46th of 180.

What is Saint Kitts and Nevis' GDP per capita at PPP?

According to the World Bank, GDP per person at purchasing power parity in Saint Kitts and Nevis was $36,777 in international dollars in 2025. No year since 2005 has been higher. Latin America & Caribbean median: $22,756 in international dollars; Saint Kitts and Nevis is 6th highest of 30. Worldwide: 56th of 179.

Does Saint Kitts and Nevis earn more abroad than it spends?

The IMF puts the current account balance in Saint Kitts and Nevis at -13.7% of GDP in 2025 (a deficit). Since 2005 it has ranged from -21.1% of GDP (2009) to 0.7% of GDP (2014). Latin America & Caribbean median: -1.2% of GDP; Saint Kitts and Nevis is 23rd highest of 27. Of 132 countries with 2025 data, 121st highest.

How much foreign investment does Saint Kitts and Nevis receive?

According to the IMF, net inflows of foreign direct investment in Saint Kitts and Nevis was 2.4% of GDP in 2025. Its high point since 2005 was 2008, at 19.3% of GDP; its low point was 2020, at 0.3% of GDP. Across Latin America & Caribbean the middle value was 2.5% of GDP, and Saint Kitts and Nevis placed 18th highest of 31. World rank, highest first: 79th of 179.

What interest rate do banks charge in Saint Kitts and Nevis?

The latest figure from the IMF, for 2025, is 6.5%. The peak was 10.0% in 2005 and the low 6.5% in 2024. It is 19th highest of 23 in Latin America & Caribbean, where the median is 8.8%. Of 73 countries with 2025 data, 54th highest.