St. Kitts and Nevis 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$1.06 billion
↑ 7.55% vs 2022GDP per Capita
$22,573.67
↑ 7.43% vs 2022GDP Growth (Annual %)
2.28%
↓ 8.24pp vs 2022Inflation Rate (CPI %)
3.56%
↑ 0.89pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $981.43 million | $1.06 billion | +7.55% |
| GDP per Capita | $21,011.57 | $22,573.67 | +7.43% |
| GDP Growth (Annual %) | 10.52% | 2.28% | -8.24pp |
| Inflation (CPI %) | 2.67% | 3.56% | +0.89pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $1.06 billion
- GDP per Capita
- $22,573.67
- GDP Growth (Annual %)
- 2.28%
- Gross National Income
- $1.03 billion
Prices & Employment
- Inflation (CPI %)
- 3.56%
- Inflation (GDP Deflator %)
- 5.14%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- 1.45%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -11.60%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, St. Kitts and Nevis's Gross Domestic Product (GDP) is $1.06 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in St. Kitts and Nevis for 2023 is $22,573.67. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in St. Kitts and Nevis for 2023 is 3.56%. This measures the annual percentage change in the cost of consumer goods and services.
St. Kitts and Nevis's annual GDP growth rate for 2023 is 2.28%. This indicates the rate at which the country's economy is expanding or contracting.