Budget balance — all countries

Budget balance — Saint Kitts and Nevis

Budget balance in Saint Kitts and Nevis in 2031 — -6%. Ranked 166 in the world out of 188. Since 1980, the indicator has risen by 0.5 pp.

2031 -6% −0.1 pp vs 2030
World rank 166of 188
Period maximum 10.7%2013
Period minimum -15.2%1987

Trend over time

1980–2031 · % of GDP

Budget balance — Saint Kitts and Nevis, 1980–2031-20-100102019801986199219982004201020162022202820311980: -6.5%1981: -4.4%1982: -4.6%1983: -4%1984: -4.8%1985: -8.4%1986: -4.3%1987: -15.2%1988: -7.5%1989: -3%1990: 0.6%1991: 0.9%1992: 0.5%1993: 0.2%1994: 0.8%1995: 0.9%1996: -2.3%1997: -2.3%1998: -5.1%1999: -11.1%2000: -12.8%2001: -10.4%2002: -11.3%2003: -5.5%2004: -6.3%2005: -3.3%2006: -1.3%2007: -1%2008: -1.6%2009: -1.2%2010: -4.1%2011: 1.6%2012: 4.2%2013: 10.7%2014: 8.3%2015: 5.7%2016: 3.8%2017: 1.7%2018: 1.8%2019: -0.7%2020: -3.1%2021: 5.5%2022: -4.2%2023: 0.2%2024: -11.3%2025: -11.7%2026: -8.7%2027: -7.5%2028: -5.6%2029: -5.7%2030: -5.9%2031: -6%
Change over the period: +0.5 pp Annual average: 0.01 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 -6%
World computed -4.85%
Latin America & Caribbean computed -3.31%
High-income countries computed -4.26%
Budget balance — Saint Kitts and Nevis, by year Saint Kitts and Nevis All countries CSV XLSX
Year % Change, pp
2031 -6 −0.1 pp
2030 -5.9 −0.2 pp
2029 -5.7 −0.1 pp
2028 -5.6 +1.9 pp
2027 -7.5 +1.2 pp
2026 -8.7 +3 pp
2025 -11.7 −0.4 pp
2024 -11.3 −11.5 pp
2023 0.2 +4.4 pp
2022 -4.2 −9.7 pp
2021 5.5 +8.6 pp
2020 -3.1 −2.4 pp
2019 -0.7 −2.5 pp
2018 1.8 +0.1 pp
2017 1.7 −2.1 pp
2016 3.8 −1.9 pp
2015 5.7 −2.6 pp
2014 8.3 −2.4 pp
2013 10.7 +6.5 pp
2012 4.2 +2.6 pp
2011 1.6 +5.7 pp
2010 -4.1 −2.9 pp
2009 -1.2 +0.4 pp
2008 -1.6 −0.6 pp
2007 -1 +0.3 pp
2006 -1.3 +2 pp
2005 -3.3 +3 pp
2004 -6.3 −0.8 pp
2003 -5.5 +5.8 pp
2002 -11.3 −0.9 pp
2001 -10.4 +2.4 pp
2000 -12.8 −1.7 pp
1999 -11.1 −6 pp
1998 -5.1 −2.8 pp
1997 -2.3 +0 pp
1996 -2.3 −3.2 pp
1995 0.9 +0.1 pp
1994 0.8 +0.6 pp
1993 0.2 −0.3 pp
1992 0.5 −0.4 pp
1991 0.9 +0.3 pp
1990 0.6 +3.6 pp
1989 -3 +4.5 pp
1988 -7.5 +7.7 pp
1987 -15.2 −10.9 pp
1986 -4.3 +4.1 pp
1985 -8.4 −3.6 pp
1984 -4.8 −0.8 pp
1983 -4 +0.6 pp
1982 -4.6 −0.2 pp
1981 -4.4 +2.1 pp
1980 -6.5

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

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