Saint Kitts and Nevis GDP Data & Country Report

Saint Kitts and Nevis Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Saint Kitts and Nevis; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

N/A

International Reserves

US$ 168.859 million (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 557 million (2008 estimate)

GDP (Purchasing Power Parity)

703 million of International dollars (2008 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
6.5%	1.7%	-0.3%	-1.2%	7.3%	5.2%	2.6%	4.2%
2008	2009	2010	2011*
4.6%	-9.6%	-1.5%	1.5%

*Estimate

GDP per capita - current prices

US$ 9,918 (2003 estimate)

GDP per capita - PPP

$12,502 International Dollars (2003 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 2.4%
industry: 22.7%
services: 74.8% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
5.4%(2008)	1.9%	2.5%	3.5%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
181.3%	170%	195.6%	200.4%	191.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-4.8%	-5%	-3.1%	-15.5%	-13.1%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$440 million	US$595 million	US$648 million

Largest companies in Saint Kitts and Nevis

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.2 billion (2008 estimate)(After 2008)

Current account balance by percentage of GDP

-30.5% of GDP (2008 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

43.6% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

N/A

Export commodities

machinery, food, electronics, beverages, tobacco

Total imports

US$383 million (2006)

Import commodities

machinery, manufactures, food, fuels

Exports - major partners

US 66.3%, Canada 4.9%, Turkey 3.3% (2007)

Imports - major partners

US 47.7%, Trinidad and Tobago 13.3%, UK 5.6% (2007)

FDI inflows

2008	2009	2010
US$178 million	US$104 million(2009)	US$141 million(2009)

FDI outflows

2008	2009	2010
N/A	N/A	N/A

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	US$0 million(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 87 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 55 out of 183 countries(2009)

Registering property: 160 out of 183 countries

Paying Taxes: 98 out of 183 countries

Getting credit: 116 out of 183 countries

Protecting investors: 28 out of 183 countries

Trading across border: 39 out of 183 countries

Enforcing Contracts: 115 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

N/A (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC-4

Total area

261 km² (2006)

Capital

Basseterre (2009)

Currency

East Caribbean dollars (XCD) (2009)

Government type

parliamentary democracy and a Commonwealth realm (2009)

Languages

English

Religions

Anglican, other Protestant, Roman Catholic

Total population

1980	1990	2000	2010*	2015**
0.04 million	0.04 million	0.04 million	0.06 million	0.06 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
27.6%	35.9%	32.8%	32.4%

Population median age

N/A

Population growth rate

0.8% (2009)

Life expectancy

N/A

Adult literacy

N/A

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

200.76% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

N/A

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

4.8761 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks Scotiabank (National, 2011)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Scotiabank (National, 2011)

2010:

COUNTRY WINNERS / Best Consumer Internet Banks Scotiabank (National, 2010)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Saint Kitts and Nevis GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010: