Taxes on goods and services (current LCU), per unit of GDP in Saint Kitts and Nevis
Saint Kitts and Nevis: Taxes on goods and services (current LCU), per unit of GDP was 0.1681 current LCU per US$ of GDP in 2020. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Saint Kitts and Nevis, 1990–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Saint Kitts and Nevis is 0.1681 current LCU per US$ of GDP, measured in 2020.
That represents a change of down 12.6% on the previous year and up 57.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Saint Kitts and Nevis peaked at 0.2688 current LCU per US$ of GDP in 2007 and was at its lowest, 0.0293 current LCU per US$ of GDP, in 1990.
That places Saint Kitts and Nevis 110th out of 157 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Saint Kitts and Nevis, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0293 current LCU per US$ of GDP | — |
| 1991 | 0.0464 current LCU per US$ of GDP | +58.5% |
| 1992 | 0.0577 current LCU per US$ of GDP | +24.4% |
| 1993 | 0.0702 current LCU per US$ of GDP | +21.7% |
| 1994 | 0.0673 current LCU per US$ of GDP | -4.2% |
| 2000 | 0.0735 current LCU per US$ of GDP | +9.3% |
| 2001 | 0.0833 current LCU per US$ of GDP | +13.3% |
| 2002 | 0.1159 current LCU per US$ of GDP | +39.2% |
| 2003 | 0.1274 current LCU per US$ of GDP | +9.9% |
| 2004 | 0.138 current LCU per US$ of GDP | +8.3% |
| 2005 | 0.1289 current LCU per US$ of GDP | -6.6% |
| 2006 | 0.1523 current LCU per US$ of GDP | +18.1% |
| 2007 | 0.2688 current LCU per US$ of GDP | +76.5% |
| 2008 | 0.1054 current LCU per US$ of GDP | -60.8% |
| 2009 | 0.0876 current LCU per US$ of GDP | -16.9% |
| 2010 | 0.1065 current LCU per US$ of GDP | +21.6% |
| 2011 | 0.2489 current LCU per US$ of GDP | +133.7% |
| 2012 | 0.2464 current LCU per US$ of GDP | -1.0% |
| 2013 | 0.2468 current LCU per US$ of GDP | +0.1% |
| 2014 | 0.25 current LCU per US$ of GDP | +1.3% |
| 2015 | 0.2267 current LCU per US$ of GDP | -9.3% |
| 2016 | 0.2062 current LCU per US$ of GDP | -9.0% |
| 2017 | 0.1923 current LCU per US$ of GDP | -6.7% |
| 2020 | 0.1681 current LCU per US$ of GDP | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0542 current LCU per US$ of GDP | 0.0293 current LCU per US$ of GDP | 0.0702 current LCU per US$ of GDP | 5 |
| 2000s | 0.1281 current LCU per US$ of GDP | 0.0735 current LCU per US$ of GDP | 0.2688 current LCU per US$ of GDP | 10 |
| 2010s | 0.2155 current LCU per US$ of GDP | 0.1065 current LCU per US$ of GDP | 0.25 current LCU per US$ of GDP | 8 |
| 2020s | 0.1681 current LCU per US$ of GDP | 0.1681 current LCU per US$ of GDP | 0.1681 current LCU per US$ of GDP | 1 |
Countries ranked near Saint Kitts and Nevis
- 107 Saint Lucia 0.195 current LCU per US$ of GDP compare
- 108 Malaysia 0.1736 current LCU per US$ of GDP compare
- 109 Papua New Guinea 0.1727 current LCU per US$ of GDP compare
- 111 Croatia 0.1655 current LCU per US$ of GDP compare
- 112 Kiribati 0.158 current LCU per US$ of GDP compare
- 113 New Zealand 0.1496 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Saint Kitts and Nevis?
- Taxes on goods and services (current lcu), per unit of gdp in Saint Kitts and Nevis was 0.1681 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Saint Kitts and Nevis?
- The highest recorded value was 0.2688 current LCU per US$ of GDP in 2007.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Saint Kitts and Nevis?
- The lowest recorded value was 0.0293 current LCU per US$ of GDP in 1990.
- How does Saint Kitts and Nevis rank for taxes on goods and services (current lcu), per unit of gdp?
- Saint Kitts and Nevis ranks 110th out of 157 countries with data for 2020.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 57.8%. The long-run trend across the full record is volatile.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.