Economy in countries 128 - Economy of Saint Kitts and Nevis

Ivan Kushnir

• 07 maart 2021
• 1230004608318

Samenvatting:

This book about the economy of Saint Kitts and Nevis from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of Saint Kitts and Nevis was equal to $908.8 million per year; the value of agriculture was $10.6 million; the value of industry was $73.1 million. Since the share in the world is less than .01%, the country is classified as a micro economy.

Productivity. In the 2010s, the gross domestic product per capita was $17 833.5, the value of agriculture per capita was $208.2, the value of industry per capita was $1 433.7. Since the productivity is between the average and the average of above average, the economy is classified as developed.

Growth. In the 2010s, the growth of GDP was 1.8%; the growth of agriculture was 3.6%; the growth of industry was -1.8%.

Structure. In the 2010s, the economy of Saint Kitts and Nevis consisted of: services (44.5%), construction (17.1%), trade (17.1%), transportation (11.2%), industry (8.7%), and agriculture (1.3%).

Exports and imports. In the 2010s, the imports were 50.5% higher than the exports, the net imports were equal to 18.2% of the GDP. The technological structure of exports are better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.