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Saint Kitts & Nevis GDP Annual Growth Rate

Saint Kitts & Nevis' GDP annual growth rate fell to 1.17% in 2024, down from 4.33% in 2023, according to World Bank. This represents a decrease of 3.16% from the previous year. Saint Kitts & Nevis has GDP annual growth rate lower than the global median (1.17% vs median 3.24%). Compared with the median in Americas, Saint Kitts & Nevis is lower (1.17% vs regional median 3.27%) and ranks 37th out of 44 countries in Americas.

Saint Kitts & Nevis' real GDP rose to $1.04 billion in 2024, up from $1.02 billion in 2023.

Yearly Historical Data (1978-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 1.17%
2023 4.33%
2022 10.34%
2021 0.37%
2020 -15.3%
2019 2.94%
2018 2%
2017 0.22%
2016 3.93%
2015 0.69%
2014 7.58%
2013 5.73%
2012 -0.74%
2011 1.62%
2010 -0.05%
2009 -3.4%
2008 11.32%
2007 0.6%
2006 3.15%
2005 9.73%
2004 4%
2003 -3.93%
2002 1.37%
2001 5.25%
2000 10.04%
1999 3.22%
1998 -0.49%
1997 6.82%
1996 5.84%
1995 5.38%
1994 5.3%
1993 6.8%
1992 4.27%
1991 -1.86%
1990 4.88%
1989 5.48%
1988 9.23%
1987 6.55%
1986 10.86%
1985 8.55%
1984 8.87%
1983 1.19%
1982 0.55%
1981 1.55%
1980 8.44%
1979 7.6%
1978 3.91%
Saint Kitts & Nevis GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Saint Kitts & Nevis' total economic output.
Indicator Last Value Prior Value Period
GDP $1.07B $1.06B 2024
GDP per Capita $22,126.88 $21,911.52 2024
GDP per Capita PPP $31,270.69 $30,966.33 2024
Real GDP $1.04B $1.02B 2024