St. Kitts and Nevis GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1.12

Source: world bank Nominal/PPP
Summary:

St. Kitts and Nevis GDP Per Capita expanded from 1960 to 2024, increasing from $0.01 to $1.12 .The compound annual growth rate (CAGR) averaged 7.65% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 50%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

St. Kitts and Nevis Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.01-----
19610.0100.943 %---
19620.0100.467 %---
19630.0102.326 %---
19640.0104.545 %---
19650.0101.321 %---
19660.0106.438 %---
19670.02015.711 %---
19680.010-12.796 %---
19690.0208.562 %---
19700.0202.839 %---
19710.02020.397 %---
19720.02016.918 %---
19730.0205.453 %---
19740.030.0130.248 %---
19750.0305.868 %---
19760.030-9.796 %---
19770.040.0147.85 %---
19780.05011.095 %---
19790.060.0119.03 %---
19800.070.0116.347 %---
19810.080.0118.156 %---
19820.090.016.346 %---
19830.0900.99 %---
19840.10.0113.502 %---
19850.110.0112.579 %---
19860.130.0217.727 %---
19870.150.0213.057 %---
19880.170.0216.883 %---
19890.190.0211.48 %---
19900.220.0212.851 %0.36--
19910.2201.51 %0.370.011.454 %
19920.240.029.792 %0.390.026.645 %
19930.260.028.928 %0.430.049.334 %
19940.30.0311.906 %0.460.037.55 %
19950.310.026.209 %0.50.047.593 %
19960.330.026.526 %0.540.047.781 %
19970.370.0412.187 %0.580.058.666 %
19980.380.012.3 %0.5900.632 %
19990.410.026.089 %0.610.034.681 %
20000.420.023.714 %0.690.0812.535 %
20010.460.048.762 %0.740.057.623 %
20020.480.024.891 %0.760.022.943 %
20030.47-0.01-2.33 %0.75-0.02-2.037 %
20040.510.047.881 %0.80.056.793 %
20050.550.047.951 %0.910.1113.173 %
20060.640.117.765 %0.960.066.331 %
20070.690.046.963 %0.990.033.326 %
20080.780.0912.826 %1.130.1313.462 %
20090.770-0.44 %1.1-0.03-2.809 %
20100.7800.574 %1.110.011.16 %
20110.840.067.368 %1.150.043.713 %
20120.82-0.01-1.376 %1.1-0.05-4.15 %
20130.870.056.059 %1.160.065.053 %
20140.950.088.869 %1.260.18.701 %
20150.960.010.537 %1.270.010.451 %
20161.010.055.181 %1.330.064.949 %
20171.060.054.982 %1.390.064.778 %
20181.080.021.852 %1.450.064.019 %
20191.110.032.908 %1.530.085.353 %
20200.88-0.22-20.213 %1.28-0.24-16.02 %
20210.86-0.03-2.862 %1.26-0.02-1.796 %
20220.980.1214.303 %1.490.2318.357 %
20231.060.077.563 %1.590.16.728 %
20241.120.076.322 %1.630.042.738 %

St. Kitts and Nevis Economic Phases (1960 - 2024)

From 1960 to 2024, St. Kitts and Nevis economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1961–1965) indicating steady moderate growth
  • High Growth (1966–1967) indicating robust economic expansion
  • High Growth (1971–1975) indicating robust economic expansion
  • High Growth (1977–1982) indicating robust economic expansion
  • High Growth (1984–1990) indicating robust economic expansion
  • High Growth (1992–1997) indicating robust economic expansion
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2013–2014) indicating robust economic expansion
  • Expansion (2017–2019) indicating steady moderate growth
  • High Growth (2022–2024) indicating robust economic expansion

The most remarkable growth occurred in 1977 with an increase of 47.85%, while the largest decline was in 2020 at -20.213%.