Net investment in nonfinancial assets in Saint Kitts and Nevis
Saint Kitts and Nevis: Net investment in nonfinancial assets was 5.1% in 2020. ▲ Rising
Net investment in nonfinancial assets in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net investment in nonfinancial assets in Saint Kitts and Nevis is 5.1%, measured in 2020.
The figure is up 12.4% on the previous year and up 2.4% over ten years.
Over the whole period, net investment in nonfinancial assets in Saint Kitts and Nevis peaked at 8.3% in 2000 and was at its lowest, 1.2%, in 2008.
That places Saint Kitts and Nevis 38th out of 156 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Net investment in nonfinancial assets in Saint Kitts and Nevis, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 1.9% | — |
| 1991 | 2.5% | +33.7% |
| 1992 | 2.5% | +1.1% |
| 1993 | 2.9% | +16.3% |
| 1994 | 2.3% | -21.9% |
| 2000 | 8.3% | +263.4% |
| 2001 | 7.4% | -10.1% |
| 2002 | 4.4% | -41.1% |
| 2003 | 6.3% | +44.5% |
| 2004 | 5.5% | -13.5% |
| 2005 | 6.3% | +14.7% |
| 2006 | 5.8% | -8.4% |
| 2007 | 7.0% | +21.9% |
| 2008 | 1.2% | -83.4% |
| 2009 | 3.3% | +185.9% |
| 2010 | 5.0% | +51.1% |
| 2011 | 3.3% | -33.9% |
| 2012 | 2.8% | -15.9% |
| 2013 | 5.0% | +77.5% |
| 2014 | 3.7% | -25.5% |
| 2015 | 5.2% | +41.6% |
| 2016 | 3.9% | -26.1% |
| 2017 | 4.6% | +18.6% |
| 2020 | 5.1% | +12.4% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 5.1% is above the median for high income countries, which is 2.1%, 2.4× the median. (57 countries reporting)
- Saint Kitts and Nevis's 5.1% is above the median for Latin America & Caribbean, which is 1.6%, 3.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 1.9% | 2.9% | 5 |
| 2000s | 5.5% | 1.2% | 8.3% | 10 |
| 2010s | 4.2% | 2.8% | 5.2% | 8 |
| 2020s | 5.1% | 5.1% | 5.1% | 1 |
Countries ranked near Saint Kitts and Nevis
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)
- 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)
- Capital stock, General government, Current prices, Domestic currency 0.0083 units per square kilometre (2019)
Frequently asked questions
- What is net investment in nonfinancial assets in Saint Kitts and Nevis?
- Net investment in nonfinancial assets in Saint Kitts and Nevis was 5.1% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Saint Kitts and Nevis?
- The highest recorded value was 8.3% in 2000.
- What is the lowest net investment in nonfinancial assets recorded in Saint Kitts and Nevis?
- The lowest recorded value was 1.2% in 2008.
- How does Saint Kitts and Nevis rank for net investment in nonfinancial assets?
- Saint Kitts and Nevis ranks 38th out of 156 countries with data for 2020.
- Is net investment in nonfinancial assets rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 2.4%. 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 Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.