Economy of St. Kitts and Nevis

Imports
Imports commoditiesmachinery, manufactures, food, fuels
Import partnersUS 31.7%, Trinidad and Tobago 19.9%, Italy 7%, Germany 6%, Barbados 4.7% (2012)
Exports
Exports commoditiesmachinery, food, electronics, beverages, tobacco
Export partnersUS 56%, Canada 9.8%, Bangladesh 6.2% (2012)
Economy sectors
Agriculture productssugarcane, rice, yams, vegetables, bananas; fish
Industrial productstourism, cotton, salt, copra, clothing, footwear, beverages
Economy
GDP - Official Exchange Rate767 Million $ (2013)724 Million $ (2012)728 Million $ (2011)
GDP - Official Exchange Rate of St. Kitts and Nevis
GDP growth rate1.90 % (2013)-0.90 % (2012)-2.00 % (2011)
GDP growth rate of St. Kitts and Nevis
GDP per Capita (PPP)16,300 $ (2013)16,100 $ (2012)15,800 $ (2011)
GDP per Capita (PPP) of St. Kitts and Nevis
GDP - Purchasing Power Parity952 Million $ (2013)921 Million $ (2012)889 Million $ (2011)
GDP - Purchasing Power Parity of St. Kitts and Nevis
GDP PPP per land area3.65 Million $ per square kilometer (2013)3.53 Million $ per square kilometer (2012)3.41 Million $ per square kilometer (2011)
GDP PPP per land area of St. Kitts and Nevis
ElectricityBanking
Central bank discount rate6.50 % (2009)6.50 % (2008)6.50 % (2007)
Central bank discount rate of St. Kitts and Nevis
Commercial bank prime lending rate8.90 % (2013)8.73 % (2012)9.20 % (2011)
Commercial bank prime lending rate of St. Kitts and Nevis
GDP decomposition by sector
Agriculture % of GDP1.80 % (2013)1.90 % (2012)
Industry % of GDP23.1 % (2013)23.4 % (2012)
Services % of GDP75.1 % (2013)74.7 % (2012)
Tourism
International tourism, number of arrivals104 Thousand (2012)102 Thousand (2011)98,000 (2010)
International tourism, number of arrivals of St. Kitts and Nevis
Yearly Tourist arrivals to residents ratio205 % (2012)203 % (2011)187 % (2010)
Yearly Tourist arrivals to residents ratio of St. Kitts and Nevis
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)83.0 % of GDP (2013)144 % of GDP (2012)154 % of GDP (2011)
Public debt (Percentage of GDP) of St. Kitts and Nevis
Current Account Balance (Percentage of GDP)-9.67 % of GDP (2012)-12.12 % of GDP (2011)-20.02 % of GDP (2010)
Current Account Balance (Percentage of GDP) of St. Kitts and Nevis
Current Account Balance (Total)-133.10 Million $ (2013)-70.80 Million $ (2012)-133.80 Million $ (2011)
Current Account Balance (Total) of St. Kitts and Nevis
External Debt (Total)159 Million $ (2013)189 Million $ (2012)199 Million $ (2011)
External Debt (Total) of St. Kitts and Nevis
External Debt (Percentage of GDP)20.7 % of GDP (2013)26.1 % of GDP (2012)27.3 % of GDP (2011)
External Debt (Percentage of GDP) of St. Kitts and Nevis
External Debt per Capita3,108 $ (2013)3,732 $ (2012)3,957 $ (2011)
External Debt per Capita of St. Kitts and Nevis