Net incurrence of liabilities, total in Saint Kitts and Nevis
Saint Kitts and Nevis: Net incurrence of liabilities, total was -24.10 million current LCU in 2020. ◆ Volatile
Net incurrence of liabilities, total in Saint Kitts and Nevis, 2000–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Saint Kitts and Nevis is -24.10 million current LCU, measured in 2020. That is the lowest value across all 12 years on record.
The figure is down 157.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Saint Kitts and Nevis peaked at 231.38 million current LCU in 2005 and was at its lowest, -24.10 million current LCU, in 2020.
Saint Kitts and Nevis ranks 127th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Saint Kitts and Nevis, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 126.50 million current LCU | — |
| 2001 | 139.90 million current LCU | +10.6% |
| 2002 | 66.96 million current LCU | -52.1% |
| 2003 | 56.74 million current LCU | -15.3% |
| 2004 | 170.19 million current LCU | +200.0% |
| 2005 | 231.38 million current LCU | +36.0% |
| 2006 | 54.88 million current LCU | -76.3% |
| 2007 | 39.15 million current LCU | -28.7% |
| 2008 | -5.99 million current LCU | -115.3% |
| 2009 | 68.60 million current LCU | -1244.7% |
| 2010 | 41.76 million current LCU | -39.1% |
| 2020 | -24.10 million current LCU | -157.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.83 million current LCU | -5.99 million current LCU | 231.38 million current LCU | 10 |
| 2010s | 41.76 million current LCU | 41.76 million current LCU | 41.76 million current LCU | 1 |
| 2020s | -24.10 million current LCU | -24.10 million current LCU | -24.10 million current LCU | 1 |
Countries ranked near Saint Kitts and Nevis
- 124 Naoero -3.75 million current LCU compare
- 125 Kiribati -12.76 million current LCU compare
- 126 Saint Lucia -23.24 million current LCU compare
- 128 Timor-Leste -59.55 million current LCU compare
- 129 Samoa -69.71 million current LCU compare
- 130 Seychelles -112.03 million current LCU compare
More public sector data for Saint Kitts and Nevis
- 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)
- Capital stock, General government, Constant prices, Purchasing power 1.04 (2019)
- Taxes on goods and services 21.0% (2020)
- Net investment in nonfinancial assets 5.1% (2020)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -2.3% (2020)
Frequently asked questions
- What is net incurrence of liabilities, total in Saint Kitts and Nevis?
- Net incurrence of liabilities, total in Saint Kitts and Nevis was -24.10 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Saint Kitts and Nevis?
- The highest recorded value was 231.38 million current LCU in 2005.
- What is the lowest net incurrence of liabilities, total recorded in Saint Kitts and Nevis?
- The lowest recorded value was -24.10 million current LCU in 2020.
- How does Saint Kitts and Nevis rank for net incurrence of liabilities, total?
- Saint Kitts and Nevis ranks 127th out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 157.7%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.