Expense in Saint Kitts and Nevis
Saint Kitts and Nevis: Expense was 26.7% in 2020. ▲ Rising
Expense in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Saint Kitts and Nevis is 26.7%, measured in 2020. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 6.1% over ten years.
Over the whole period, expense in Saint Kitts and Nevis peaked at 26.7% in 2020 and was at its lowest, 16.8%, in 1992.
That places Saint Kitts and Nevis 73rd out of 157 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Expense in Saint Kitts and Nevis, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 17.6% | — |
| 1991 | 17.2% | -2.3% |
| 1992 | 16.8% | -2.0% |
| 1993 | 17.3% | +3.0% |
| 1994 | 18.4% | +6.1% |
| 2000 | 25.9% | +41.2% |
| 2001 | 24.8% | -4.3% |
| 2002 | 21.0% | -15.2% |
| 2003 | 21.5% | +2.2% |
| 2004 | 21.1% | -2.1% |
| 2005 | 22.1% | +5.2% |
| 2006 | 20.5% | -7.5% |
| 2007 | 20.4% | -0.6% |
| 2008 | 25.5% | +25.5% |
| 2009 | 26.1% | +2.1% |
| 2010 | 25.2% | -3.3% |
| 2011 | 26.4% | +4.5% |
| 2012 | 24.5% | -6.9% |
| 2013 | 23.7% | -3.3% |
| 2014 | 24.2% | +1.9% |
| 2015 | 24.7% | +2.2% |
| 2016 | 25.8% | +4.6% |
| 2017 | 22.9% | -11.3% |
| 2020 | 26.7% | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.4% | 16.8% | 18.4% | 5 |
| 2000s | 22.9% | 20.4% | 26.1% | 10 |
| 2010s | 24.7% | 22.9% | 26.4% | 8 |
| 2020s | 26.7% | 26.7% | 26.7% | 1 |
Countries ranked near Saint Kitts and Nevis
More economy & growth data for Saint Kitts and Nevis
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.85 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 1,392 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.43 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2085 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 5,258 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.43 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.5629 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 14,198 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.5 % change on previous year (2025)
Frequently asked questions
- What is expense in Saint Kitts and Nevis?
- Expense in Saint Kitts and Nevis was 26.7% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Saint Kitts and Nevis?
- The highest recorded value was 26.7% in 2020.
- What is the lowest expense recorded in Saint Kitts and Nevis?
- The lowest recorded value was 16.8% in 1992.
- How does Saint Kitts and Nevis rank for expense?
- Saint Kitts and Nevis ranks 73rd out of 157 countries with data for 2020.
- Is expense rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.