St. Kitts and Nevis Gross Domestic Product (GDP) Summary 2015-2022

Particulars	UNIT	2015	2016	2017	2018	2019	2020	2021	2022
GVA in Basic Prices- CURRENT	EC$M	2,234.00	2,371.14	2,522.04	2,553.03	2,631.24	2,087.62	2,033.65	2,248.10
Growth Rate	%	0.96	6.14	6.36	1.23	3.06	- 20.7	- 2.6	10.5
Plus: Product Taxes	EC$M	349.97	348.71	335.55	352.82	358.07	299.11	284.84	344.30
Less: Subsidies	EC$M	-	-	-	-	-	-	-	-
GDP in Market Prices	EC$M	2,583.97	2,719.84	2,857.59	2,905.85	2,989.32	2,386.73	2,318.49	2,592.40
Growth Rate	%	0.40	5.26	5.06	1.69	2.87	- 20.2	- 2.9	11.8
Per Capita GDP- Current Market Prices	EC$	53,685.81	56,227.66	58,781.46	59,476.69	60,880.71	48,366.57	46,749.96	52,012.99

GVA in Basic Prices- CONSTANT	EC$M	1,841.89	1,910.39	1,919.39	1,942.29	2,034.92	1,762.41	1,761.43	1,894.28
Growth Rate	%	2.05	3.72	0.47	1.19	4.77	- 13.4	- 0.1	7.5
Plus: Product Taxes	EC$M	335.96	352.90	344.31	367.88	368.79	292.27	275.20	336.99
Less: Subsidies	EC$M	-	-	-	-	-	-	-	-
GDP in Market Prices	EC$M	2,177.86	2,263.29	2,263.70	2,310.17	2,403.72	2,054.68	2,036.63	2,231.27
Growth Rate	%	0.71	3.92	0.02	2.05	4.05	- 14.5	- 0.9	9.6
Date: 09/03/2023
Source: Department of Statistics