Inflation, consumer prices in Saint Kitts and Nevis
Saint Kitts and Nevis: Inflation, consumer prices was 3.6% in 2023. ◆ Volatile
Inflation, consumer prices in Saint Kitts and Nevis, 1980–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for inflation, consumer prices in Saint Kitts and Nevis is 3.6%, measured in 2023.
That represents a change of up 33.3% on the previous year and up 221.3% over ten years.
Over the whole period, inflation, consumer prices in Saint Kitts and Nevis peaked at 17.7% in 1980 and was at its lowest, -2.3%, in 2015.
Saint Kitts and Nevis ranks 79th of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Saint Kitts and Nevis, year by year
| Year | annual % | Change |
|---|---|---|
| 1980 | 17.7% | — |
| 1981 | 10.5% | -40.9% |
| 1982 | 5.9% | -43.4% |
| 1983 | 2.3% | -61.3% |
| 1984 | 2.7% | +18.5% |
| 1985 | 2.6% | -3.5% |
| 1986 | -0.0% | -100.3% |
| 1987 | 1.0% | -14504.4% |
| 1988 | 0.2% | -75.9% |
| 1989 | 5.2% | +2123.4% |
| 1990 | 4.0% | -22.4% |
| 1991 | 4.3% | +7.8% |
| 1992 | 2.9% | -33.9% |
| 1993 | 1.8% | -37.2% |
| 1994 | 1.4% | -19.6% |
| 1995 | 3.0% | +105.0% |
| 1996 | 2.1% | -29.4% |
| 1997 | 8.9% | +326.8% |
| 1998 | 3.4% | -61.3% |
| 1999 | 3.4% | -2.4% |
| 2000 | 2.1% | -36.1% |
| 2001 | 2.3% | +7.2% |
| 2002 | 2.0% | -11.4% |
| 2003 | 2.2% | +9.5% |
| 2004 | 2.3% | +3.5% |
| 2005 | 3.4% | +45.9% |
| 2006 | 8.5% | +151.3% |
| 2007 | 4.5% | -47.2% |
| 2008 | 5.3% | +18.3% |
| 2009 | 2.1% | -61.2% |
| 2010 | 0.9% | -58.7% |
| 2011 | 5.8% | +585.8% |
| 2012 | 0.8% | -86.0% |
| 2013 | 1.1% | +35.6% |
| 2014 | 0.2% | -77.6% |
| 2015 | -2.3% | -1028.7% |
| 2016 | -0.7% | -70.2% |
| 2017 | 0.7% | -201.1% |
| 2018 | -1.0% | -249.2% |
| 2019 | -0.3% | -68.2% |
| 2020 | -1.2% | +254.2% |
| 2021 | 1.2% | -202.4% |
| 2022 | 2.7% | +123.1% |
| 2023 | 3.6% | +33.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.8% | -0.0% | 17.7% | 10 |
| 1990s | 3.5% | 1.4% | 8.9% | 10 |
| 2000s | 3.5% | 2.0% | 8.5% | 10 |
| 2010s | 0.5% | -2.3% | 5.8% | 10 |
| 2020s | 1.6% | -1.2% | 3.6% | 4 |
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 inflation, consumer prices in Saint Kitts and Nevis?
- Inflation, consumer prices in Saint Kitts and Nevis was 3.6% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Saint Kitts and Nevis?
- The highest recorded value was 17.7% in 1980.
- What is the lowest inflation, consumer prices recorded in Saint Kitts and Nevis?
- The lowest recorded value was -2.3% in 2015.
- How does Saint Kitts and Nevis rank for inflation, consumer prices?
- Saint Kitts and Nevis ranks 79th out of 191 countries with data for 2023.
- Is inflation, consumer prices rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 221.3%. The long-run trend across the full record is volatile.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.