Current account balance — all countries

Current account balance — Saint Kitts and Nevis

Current account balance in Saint Kitts and Nevis in 2031 — -11.9%. Ranked 176 in the world out of 188. Since 2014, the indicator has fallen by 12.6 pp.

2031 -11.9% +0.1 pp vs 2030
World rank 176of 188
Period maximum 0.7%2014
Period minimum -15.4%2026

Trend over time

2014–2031 · % of GDP

Current account balance — Saint Kitts and Nevis, 2014–2031-20-15-10-50520142016201820202022202420262028203020312014: 0.7%2015: -8.1%2016: -12.1%2017: -10.3%2018: -5.9%2019: -4.9%2020: -11%2021: -3.4%2022: -10.8%2023: -13.7%2024: -13%2025: -14.6%2026: -15.4%2027: -14.2%2028: -13.1%2029: -12.6%2030: -12%2031: -11.9%
Change over the period: −12.6 pp Annual average: -0.74 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Saint Kitts and Nevis

Saint Kitts and Nevis -11.9%
World computed 0.28%
Latin America & Caribbean computed -1.17%
High-income countries computed 0.13%
Current account balance — Saint Kitts and Nevis, by year Saint Kitts and Nevis All countries CSV XLSX
Year % Change, pp
2031 -11.9 +0.1 pp
2030 -12 +0.6 pp
2029 -12.6 +0.5 pp
2028 -13.1 +1.1 pp
2027 -14.2 +1.2 pp
2026 -15.4 −0.8 pp
2025 -14.6 −1.6 pp
2024 -13 +0.7 pp
2023 -13.7 −2.9 pp
2022 -10.8 −7.4 pp
2021 -3.4 +7.6 pp
2020 -11 −6.1 pp
2019 -4.9 +1 pp
2018 -5.9 +4.4 pp
2017 -10.3 +1.8 pp
2016 -12.1 −4 pp
2015 -8.1 −8.8 pp
2014 0.7

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.