2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

Table 34

St Kitts and Nevis - Selected Economic Indicators

2019 R

2020 P

2016

2017

2018

(Annual Percentage Change Unless Otherwise Indicated)

National Income and Prices Nominal Gross Domestics Product (GDP) at Market Prices

5.20

2.65

1.39

3.35

(11.22)

Real GDP at Market Prices Prices

2.83 2.31 0.03

(1.98)

2.92

2.05 1.27

(10.74)

Deflator

4.73 0.76 0.69

(1.49) (0.75) (1.04)

(0.54) (1.18) (1.18)

Consumer Prices (end of period) Consumer Prices (period average)

(0.83) (0.33)

(0.69)

Real Gross Value Added (GVA) at basic Prices Agriculture, Livestock and Forestry

1.30

7.74

(6.27)

18.89 28.50

(12.88) (25.00)

Fishing

(23.38) (10.65)

62.60

16.31

Manufacturing

(2.13) (9.96)

7.91

8.14 2.54 9.54

(6.00)

Mining and Quarrying Electricity and Water

9.71

28.85

(10.00)

(1.38)

1.15 6.77

4.73

(4.18)

Construction

7.80 8.64

(8.83)

(2.85)

(16.00) (15.00) (74.08) (27.59) (46.72)

Wholesale and Retail Trade

(4.60) (0.74)

9.95 1.30 4.84 5.75 3.78 3.81 2.32 3.48 6.68 4.50

1.40

Hotels and Restaurants

(0.95)

(2.04)

Transport, Storage and Communications

0.32 3.18

4.30 7.44 0.83

0.31

Transport and Storage

(0.26)

Communications

(2.66)

1.00 1.61 1.72 4.59 4.07 3.27 4.25 1.00

(5.00) (2.23) (3.95)

Financial Intermediation

10.45

(6.05) (0.14)

Real Estate, Renting and Business Activities

(4.74)

Public Administration, Defence & Compulsory Social Security

9.11 7.41

1.89 4.50 4.29 1.27

2.20 1.34 2.29 2.20

Education

Health and Social Work

10.88

Other Community, Social and Personal Services Activities of Private Households as Employers

2.35 4.61 1.88

(2.73) (1.08) (4.38)

(5.42) (4.83)

(2.00)

FISIM

(2.29)

(35.00)

(In percent of GDP)

External Sector Public Sector External Debt (end-of-period) *

21.99

19.94

15.47

14.22

15.33

Central Government Current Account Balance

4.45

3.58

10.88 39.01 28.13 11.12

11.30 39.21 27.91 12.17

0.46

Current Revenue

29.16 24.71

27.88 24.31

31.81 31.35

Current Expenditure

Capital Expenditure and Net Lending

3.43 4.69

5.14 1.90

9.52

Overall Fiscal Balance

3.22

1.68

(5.86)

(in percent per annum)

Monetary Sector Weighted Deposit Interest Rates Weighted Lending Interest Rates

1.85 8.56

1.78 8.42

1.71 8.06

1.69 7.23

1.99 7.02

(in millions of EC dollars, unlesss otherwise stated)

Memo Nominal GDP at Market Prices Real GDP at Market Prices Merchandise Imports (f.o.b)

2,622.16 2,052.25

2,691.75 2,011.66

2,729.22 2,070.49

2,820.72 2,113.02

2,504.12 1,886.01

792.03 137.92 374.66

734.01 135.76 431.01

794.82 146.41 528.56

803.31 155.66 509.74

645.07 140.68 122.97

Merchandise Exports

Gross Visitor Expenditure

GDP per capita (EC$)

54,073

55,232

55,723

57,307

50,774

Source: Central Statistics Office, St Kitts and Eastern Caribbean Central Bank * External Public Sector debt as at September 2019 Data as at 22 February 2021

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