Goods and services expense (% of expense) in Saint Kitts and Nevis
Saint Kitts and Nevis: Goods and services expense (% of expense) was 28.3% in 2020. ▲ Rising
Goods and services expense in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Saint Kitts and Nevis is 28.3%, measured in 2020.
That represents a change of up 24.1% on the previous year and up 27.1% over ten years.
Over the whole period, goods and services expense in Saint Kitts and Nevis peaked at 29.6% in 2011 and was at its lowest, 8.0%, in 2016.
That places Saint Kitts and Nevis 18th out of 154 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Goods and services expense (% of expense) in Saint Kitts and Nevis, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 22.3% | — |
| 1991 | 19.3% | -13.7% |
| 1992 | 18.7% | -3.1% |
| 1993 | 26.5% | +41.8% |
| 2000 | 29.5% | +11.5% |
| 2001 | 25.9% | -12.3% |
| 2002 | 22.2% | -14.3% |
| 2003 | 21.3% | -4.2% |
| 2004 | 23.1% | +8.8% |
| 2005 | 21.5% | -7.0% |
| 2006 | 21.8% | +1.4% |
| 2007 | 19.7% | -9.6% |
| 2008 | 25.6% | +29.7% |
| 2009 | 23.7% | -7.5% |
| 2010 | 22.3% | -5.9% |
| 2011 | 29.6% | +32.9% |
| 2012 | 23.6% | -20.1% |
| 2013 | 28.3% | +19.7% |
| 2014 | 25.7% | -9.3% |
| 2015 | 26.2% | +2.0% |
| 2016 | 8.0% | -69.6% |
| 2017 | 22.8% | +186.4% |
| 2020 | 28.3% | +24.1% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 28.3% is above the median for high income countries, which is 9.6%, 3.0× the median. (56 countries reporting)
- Saint Kitts and Nevis's 28.3% is above the median for Latin America & Caribbean, which is 15.3%, 1.8× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (% of expense) in Saint Kitts and Nevis changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +186.4% | 8.0% | 22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.7% | 18.7% | 26.5% | 4 |
| 2000s | 23.4% | 19.7% | 29.5% | 10 |
| 2010s | 23.3% | 8.0% | 29.6% | 8 |
| 2020s | 28.3% | 28.3% | 28.3% | 1 |
Countries ranked near Saint Kitts and Nevis
- 15 Angola 29.4% compare
- 16 United Arab Emirates 28.9% compare
- 17 Botswana 28.4% compare
- 19 East Timor 28.3% compare
- 20 Seychelles 27.9% compare
- 21 Singapore 27.9% compare
More public sector data for Saint Kitts and Nevis
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 15.0% (2020)
- Capital stock, General government, Current prices, Domestic currency 2.15 (2019)
- Taxes on income, profits and capital gains 15.5% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 89.02 (2019)
Frequently asked questions
- What is goods and services expense in Saint Kitts and Nevis?
- Goods and services expense in Saint Kitts and Nevis was 28.3% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Saint Kitts and Nevis?
- The highest recorded value was 29.6% in 2011.
- What is the lowest goods and services expense recorded in Saint Kitts and Nevis?
- The lowest recorded value was 8.0% in 2016.
- How does Saint Kitts and Nevis rank for goods and services expense?
- Saint Kitts and Nevis ranks 18th out of 154 countries with data for 2020.
- Is goods and services expense rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 27.1%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.