Tax revenue in Saint Kitts and Nevis
Saint Kitts and Nevis: Tax revenue was 359.00 million current LCU in 2020. ▲ Rising
Tax revenue in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Saint Kitts and Nevis is 359.00 million current LCU, measured in 2020.
Compared with earlier readings it is down 27.8% on the previous year and up 4.7% over ten years.
Over the whole period, tax revenue in Saint Kitts and Nevis peaked at 507.47 million current LCU in 2015 and was at its lowest, 84.39 million current LCU, in 1990.
That places Saint Kitts and Nevis 148th out of 157 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Tax revenue in Saint Kitts and Nevis, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 84.39 million current LCU | — |
| 1991 | 86.85 million current LCU | +2.9% |
| 1992 | 94.95 million current LCU | +9.3% |
| 1993 | 108.23 million current LCU | +14.0% |
| 1994 | 121.50 million current LCU | +12.3% |
| 2000 | 188.00 million current LCU | +54.7% |
| 2001 | 194.60 million current LCU | +3.5% |
| 2002 | 272.82 million current LCU | +40.2% |
| 2003 | 272.54 million current LCU | -0.1% |
| 2004 | 290.90 million current LCU | +6.7% |
| 2005 | 305.27 million current LCU | +4.9% |
| 2006 | 362.77 million current LCU | +18.8% |
| 2007 | 402.59 million current LCU | +11.0% |
| 2008 | 420.72 million current LCU | +4.5% |
| 2009 | 394.46 million current LCU | -6.2% |
| 2010 | 342.96 million current LCU | -13.1% |
| 2011 | 408.04 million current LCU | +19.0% |
| 2012 | 399.01 million current LCU | -2.2% |
| 2013 | 421.26 million current LCU | +5.6% |
| 2014 | 474.89 million current LCU | +12.7% |
| 2015 | 507.47 million current LCU | +6.9% |
| 2016 | 498.94 million current LCU | -1.7% |
| 2017 | 496.93 million current LCU | -0.4% |
| 2020 | 359.00 million current LCU | -27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.18 million current LCU | 84.39 million current LCU | 121.50 million current LCU | 5 |
| 2000s | 310.47 million current LCU | 188.00 million current LCU | 420.72 million current LCU | 10 |
| 2010s | 443.69 million current LCU | 342.96 million current LCU | 507.47 million current LCU | 8 |
| 2020s | 359.00 million current LCU | 359.00 million current LCU | 359.00 million current LCU | 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)
- 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 tax revenue in Saint Kitts and Nevis?
- Tax revenue in Saint Kitts and Nevis was 359.00 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Saint Kitts and Nevis?
- The highest recorded value was 507.47 million current LCU in 2015.
- What is the lowest tax revenue recorded in Saint Kitts and Nevis?
- The lowest recorded value was 84.39 million current LCU in 1990.
- How does Saint Kitts and Nevis rank for tax revenue?
- Saint Kitts and Nevis ranks 148th out of 157 countries with data for 2020.
- Is tax revenue rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 4.7%. 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 Tax revenue (current LCU). 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
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.