Taxes on goods and services in Saint Kitts and Nevis
Saint Kitts and Nevis: Taxes on goods and services was 148.60 million current LCU in 2020. ◆ Volatile
Taxes on goods and services 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 taxes on goods and services in Saint Kitts and Nevis is 148.60 million current LCU, measured in 2020.
The figure is down 26.9% on the previous year and up 79.2% over ten years.
Over the whole period, taxes on goods and services in Saint Kitts and Nevis peaked at 238.06 million current LCU in 2014 and was at its lowest, 6.36 million current LCU, in 1990.
Saint Kitts and Nevis ranks 148th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services in Saint Kitts and Nevis, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 6.36 million current LCU | — |
| 1991 | 10.23 million current LCU | +60.8% |
| 1992 | 13.97 million current LCU | +36.6% |
| 1993 | 18.52 million current LCU | +32.6% |
| 1994 | 19.85 million current LCU | +7.2% |
| 2000 | 31.00 million current LCU | +56.2% |
| 2001 | 38.20 million current LCU | +23.2% |
| 2002 | 55.77 million current LCU | +46.0% |
| 2003 | 59.87 million current LCU | +7.4% |
| 2004 | 69.95 million current LCU | +16.8% |
| 2005 | 70.55 million current LCU | +0.8% |
| 2006 | 98.13 million current LCU | +39.1% |
| 2007 | 185.31 million current LCU | +88.8% |
| 2008 | 81.99 million current LCU | -55.8% |
| 2009 | 67.82 million current LCU | -17.3% |
| 2010 | 82.94 million current LCU | +22.3% |
| 2011 | 208.07 million current LCU | +150.9% |
| 2012 | 203.20 million current LCU | -2.3% |
| 2013 | 215.83 million current LCU | +6.2% |
| 2014 | 238.06 million current LCU | +10.3% |
| 2015 | 216.97 million current LCU | -8.9% |
| 2016 | 207.58 million current LCU | -4.3% |
| 2017 | 203.31 million current LCU | -2.1% |
| 2020 | 148.60 million current LCU | -26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.79 million current LCU | 6.36 million current LCU | 19.85 million current LCU | 5 |
| 2000s | 75.86 million current LCU | 31.00 million current LCU | 185.31 million current LCU | 10 |
| 2010s | 197.00 million current LCU | 82.94 million current LCU | 238.06 million current LCU | 8 |
| 2020s | 148.60 million current LCU | 148.60 million current LCU | 148.60 million current LCU | 1 |
Countries ranked near Saint Kitts and Nevis
- 145 Saint Vincent and the Grenadines 265.65 million current LCU compare
- 146 Andorra 253.39 million current LCU
- 147 Tonga 195.60 million current LCU compare
- 149 San Marino 147.33 million current LCU compare
- 150 Timor-Leste 100.98 million current LCU compare
- 151 Kiribati 46.08 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 taxes on goods and services in Saint Kitts and Nevis?
- Taxes on goods and services in Saint Kitts and Nevis was 148.60 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Saint Kitts and Nevis?
- The highest recorded value was 238.06 million current LCU in 2014.
- What is the lowest taxes on goods and services recorded in Saint Kitts and Nevis?
- The lowest recorded value was 6.36 million current LCU in 1990.
- How does Saint Kitts and Nevis rank for taxes on goods and services?
- Saint Kitts and Nevis ranks 148th out of 157 countries with data for 2020.
- Is taxes on goods and services rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 79.2%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.