Subsidies and other transfers in Saint Kitts and Nevis
Saint Kitts and Nevis: Subsidies and other transfers was 210.90 million current LCU in 2020. ◆ Volatile
Subsidies and other transfers in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Saint Kitts and Nevis recorded 210.90 million current LCU for subsidies and other transfers in 2020.
The figure is up 23.4% on the previous year and up 266.7% over ten years.
Over the whole period, subsidies and other transfers in Saint Kitts and Nevis peaked at 241.67 million current LCU in 2016 and was at its lowest, 14.32 million current LCU, in 1993.
That places Saint Kitts and Nevis 143rd out of 153 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers in Saint Kitts and Nevis, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 14.39 million current LCU | — |
| 1991 | 16.73 million current LCU | +16.3% |
| 1992 | 17.29 million current LCU | +3.3% |
| 1993 | 14.32 million current LCU | -17.2% |
| 1994 | 20.92 million current LCU | +46.1% |
| 2000 | 28.40 million current LCU | +35.8% |
| 2001 | 34.80 million current LCU | +22.5% |
| 2002 | 48.12 million current LCU | +38.3% |
| 2003 | 47.61 million current LCU | -1.1% |
| 2004 | 49.09 million current LCU | +3.1% |
| 2005 | 59.65 million current LCU | +21.5% |
| 2006 | 64.16 million current LCU | +7.6% |
| 2007 | 69.86 million current LCU | +8.9% |
| 2008 | 58.63 million current LCU | -16.1% |
| 2009 | 59.09 million current LCU | +0.8% |
| 2010 | 57.52 million current LCU | -2.7% |
| 2011 | 71.08 million current LCU | +23.6% |
| 2012 | 78.34 million current LCU | +10.2% |
| 2013 | 83.95 million current LCU | +7.2% |
| 2014 | 126.53 million current LCU | +50.7% |
| 2015 | 166.68 million current LCU | +31.7% |
| 2016 | 241.67 million current LCU | +45.0% |
| 2017 | 170.93 million current LCU | -29.3% |
| 2020 | 210.90 million current LCU | +23.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.73 million current LCU | 14.32 million current LCU | 20.92 million current LCU | 5 |
| 2000s | 51.94 million current LCU | 28.40 million current LCU | 69.86 million current LCU | 10 |
| 2010s | 124.59 million current LCU | 57.52 million current LCU | 241.67 million current LCU | 8 |
| 2020s | 210.90 million current LCU | 210.90 million current LCU | 210.90 million current LCU | 1 |
Countries ranked near Saint Kitts and Nevis
- 140 San Marino 316.89 million current LCU compare
- 141 Timor-Leste 237.04 million current LCU compare
- 142 Saint Lucia 228.51 million current LCU compare
- 144 Saint Vincent and the Grenadines 132.30 million current LCU compare
- 145 Kiribati 130.47 million current LCU compare
- 146 Naoero 66.69 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 subsidies and other transfers in Saint Kitts and Nevis?
- Subsidies and other transfers in Saint Kitts and Nevis was 210.90 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Saint Kitts and Nevis?
- The highest recorded value was 241.67 million current LCU in 2016.
- What is the lowest subsidies and other transfers recorded in Saint Kitts and Nevis?
- The lowest recorded value was 14.32 million current LCU in 1993.
- How does Saint Kitts and Nevis rank for subsidies and other transfers?
- Saint Kitts and Nevis ranks 143rd out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 266.7%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.