Economic Growth in Saint Kitts and Nevis
In the year 2023, the economic growth in Saint Kitts and Nevis was 4.30%, compared to 5.68% in 2013 and 10.55% in 2022. It averaged 2.06% over the last decade. For more GDP information, visit our dedicated page.
Saint Kitts and Nevis GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Saint Kitts and Nevis from 2013 to 2023.
Source: Macrobond.
Saint Kitts and Nevis GDP Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | -14.6 | -1.7 | 10.5 | 4.3 | - |
| GDP (USD bn) | 0.9 | 0.9 | 1.0 | 1.1 | - |
| GDP (LCU bn) | 2.4 | 2.3 | 2.7 | 2.9 | - |
| Economic Growth (Nominal GDP, ann. var. %) | -20.1 | -2.9 | 14.3 | 7.5 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kittitian or Nevisian GDP projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Kittitian or Nevisian GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kittitian or Nevisian GDP projections.
Want to get access to the full dataset of Kittitian or Nevisian GDP forecasts? Send an email to info@focus-economics.com.