Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis

Saint Kitts and Nevis: Gross domestic product (GDP), annual growth rate was 2.4 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.4 % change on previous year
Change on year
down 77.1%
World rank
96th
of 184 countries
All-time high
29.93 % change on previous year
in 2005
All-time low
-36.11 % change on previous year
in 2001
Years of data
53
1971–2023

Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis, 1971–2023

-40-20020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Saint Kitts and Nevis recorded 2.4 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.

That represents a change of down 77.1% on the previous year and up 269.1% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Saint Kitts and Nevis peaked at 29.93 % change on previous year in 2005 and was at its lowest, -36.11 % change on previous year, in 2001.

That places Saint Kitts and Nevis 96th out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis, year by year

Annual values for Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis, 1971 to 2023.
Year % change on previous year Change
1971 6.23 % change on previous year
1972 4.87 % change on previous year -21.8%
1973 4.44 % change on previous year -8.9%
1974 4.52 % change on previous year +1.9%
1975 3.45 % change on previous year -23.8%
1976 7.47 % change on previous year +116.7%
1977 1.09 % change on previous year -85.5%
1978 10.43 % change on previous year +859.5%
1979 10.47 % change on previous year +0.4%
1980 8.66 % change on previous year -17.3%
1981 5.7 % change on previous year -34.2%
1982 -3.18 % change on previous year -155.7%
1983 2.16 % change on previous year -168.1%
1984 7.84 % change on previous year +262.5%
1985 -4.66 % change on previous year -159.4%
1986 10.19 % change on previous year -318.5%
1987 9.24 % change on previous year -9.3%
1988 -3.06 % change on previous year -133.1%
1989 7.31 % change on previous year -338.6%
1990 5.61 % change on previous year -23.2%
1991 2.97 % change on previous year -47.1%
1992 -0.7348 % change on previous year -124.8%
1993 -0.9182 % change on previous year +24.9%
1994 11.37 % change on previous year -1338.0%
1995 0.6035 % change on previous year -94.7%
1996 15.28 % change on previous year +2432.6%
1997 -5.64 % change on previous year -136.9%
1998 3.86 % change on previous year -168.4%
1999 11.33 % change on previous year +193.7%
2000 15.4 % change on previous year +35.9%
2001 -36.11 % change on previous year -334.5%
2002 12.99 % change on previous year -136.0%
2003 2.98 % change on previous year -77.1%
2004 12.94 % change on previous year +334.7%
2005 29.93 % change on previous year +131.4%
2006 -6.7 % change on previous year -122.4%
2007 1.38 % change on previous year -120.6%
2008 18.23 % change on previous year +1224.1%
2009 -4.04 % change on previous year -122.2%
2010 4.79 % change on previous year -218.4%
2011 8.35 % change on previous year +74.2%
2012 -0.1647 % change on previous year -102.0%
2013 -1.42 % change on previous year +762.7%
2014 7.08 % change on previous year -598.0%
2015 -7.35 % change on previous year -203.9%
2016 -3.71 % change on previous year -49.5%
2017 12.22 % change on previous year -429.0%
2018 0.4898 % change on previous year -96.0%
2019 5.74 % change on previous year +1071.1%
2020 -18.07 % change on previous year -415.0%
2021 -7.43 % change on previous year -58.9%
2022 10.49 % change on previous year -241.2%
2023 2.4 % change on previous year -77.1%

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 +2432.6% 0.6035 % change on previous year 15.28 % change on previous year
1994 +1338.0% -0.9182 % change on previous year 11.37 % change on previous year
2008 +1224.1% 1.38 % change on previous year 18.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.88 % change on previous year 1.09 % change on previous year 10.47 % change on previous year 9
1980s 4.02 % change on previous year -4.66 % change on previous year 10.19 % change on previous year 10
1990s 4.37 % change on previous year -5.64 % change on previous year 15.28 % change on previous year 10
2000s 4.7 % change on previous year -36.11 % change on previous year 29.93 % change on previous year 10
2010s 2.6 % change on previous year -7.35 % change on previous year 12.22 % change on previous year 10
2020s -3.15 % change on previous year -18.07 % change on previous year 10.49 % change on previous year 4

Countries ranked near Saint Kitts and Nevis

  1. 93 Morocco 2.45 % change on previous year compare
  2. 94 Algeria 2.41 % change on previous year compare
  3. 95 Latvia 2.41 % change on previous year compare
  4. 97 Slovenia 2.39 % change on previous year compare
  5. 98 United Arab Emirates 2.34 % change on previous year compare
  6. 99 Greece 2.25 % change on previous year compare

See the full ranking of 184 places →

More economy & growth data for Saint Kitts and Nevis

All data for Saint Kitts and Nevis →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in Saint Kitts and Nevis?
Gross domestic product (gdp), annual growth rate in Saint Kitts and Nevis was 2.4 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Saint Kitts and Nevis?
The highest recorded value was 29.93 % change on previous year in 2005.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Saint Kitts and Nevis?
The lowest recorded value was -36.11 % change on previous year in 2001.
How does Saint Kitts and Nevis rank for gross domestic product (gdp), annual growth rate?
Saint Kitts and Nevis ranks 96th out of 184 countries with data for 2023.
Is gross domestic product (gdp), annual growth rate rising or falling in Saint Kitts and Nevis?
Over the last ten years it is up 269.1%. The long-run trend across the full record is volatile.
Where does this Saint Kitts and Nevis data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/st-kitts-and-nevis/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/st-kitts-and-nevis/">Gross domestic product (GDP), annual growth rate in Saint Kitts and Nevis</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.