Inflation of consumer prices in Saint Kitts and Nevis
Saint Kitts and Nevis: Inflation of consumer prices was 3.6% in 2023. ◆ Volatile
Inflation of consumer prices in Saint Kitts and Nevis, 1980–2023
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Saint Kitts and Nevis recorded 3.6% for inflation of consumer prices in 2023.
The figure is up 33.3% on the previous year and up 221.3% over ten years.
Over the whole period, inflation of consumer prices in Saint Kitts and Nevis peaked at 17.7% in 1980 and was at its lowest, -2.3%, in 2015.
That places Saint Kitts and Nevis 78th out of 190 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.
Inflation of 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)
- Industry (including construction), value added (constant 2015 US$) 2.5 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1786 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,505 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.5 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.351 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 8,853 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6616 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation of consumer prices in Saint Kitts and Nevis?
- Inflation of consumer prices in Saint Kitts and Nevis was 3.6% in 2023, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Saint Kitts and Nevis?
- The highest recorded value was 17.7% in 1980.
- What is the lowest inflation of 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 of consumer prices?
- Saint Kitts and Nevis ranks 78th out of 190 countries with data for 2023.
- Is inflation of 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 Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.