Taxes on income, profits and capital gains in Saint Kitts and Nevis
Saint Kitts and Nevis: Taxes on income, profits and capital gains was 30.5% in 2020. ▲ Rising
Taxes on income, profits and capital gains in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Saint Kitts and Nevis is 30.5%, measured in 2020.
The figure is up 13.1% on the previous year and up 11.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Saint Kitts and Nevis peaked at 37.9% in 2009 and was at its lowest, 19.5%, in 2013.
Saint Kitts and Nevis ranks 107th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Taxes on income, profits and capital gains in Saint Kitts and Nevis, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1990 | 23.8% | — |
| 1991 | 21.6% | -9.1% |
| 1992 | 21.1% | -2.4% |
| 1993 | 19.7% | -7.0% |
| 1994 | 21.5% | +9.2% |
| 2000 | 31.5% | +46.6% |
| 2001 | 29.7% | -5.8% |
| 2002 | 32.2% | +8.6% |
| 2003 | 28.3% | -12.3% |
| 2004 | 27.6% | -2.2% |
| 2005 | 29.4% | +6.5% |
| 2006 | 27.2% | -7.4% |
| 2007 | 25.7% | -5.5% |
| 2008 | 32.5% | +26.2% |
| 2009 | 37.9% | +16.7% |
| 2010 | 27.4% | -27.6% |
| 2011 | 21.3% | -22.4% |
| 2012 | 20.4% | -4.1% |
| 2013 | 19.5% | -4.5% |
| 2014 | 19.9% | +2.1% |
| 2015 | 25.0% | +25.9% |
| 2016 | 25.4% | +1.3% |
| 2017 | 27.0% | +6.5% |
| 2020 | 30.5% | +13.1% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 30.5% is below the median for high income countries, which is 43.9%, 70% of the median. (55 countries reporting)
- Saint Kitts and Nevis's 30.5% is below the median for Latin America & Caribbean, which is 36.0%, 85% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.5% | 19.7% | 23.8% | 5 |
| 2000s | 30.2% | 25.7% | 37.9% | 10 |
| 2010s | 23.2% | 19.5% | 27.4% | 8 |
| 2020s | 30.5% | 30.5% | 30.5% | 1 |
Countries ranked near Saint Kitts and Nevis
More public sector data for Saint Kitts and Nevis
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Saint Kitts and Nevis?
- Taxes on income, profits and capital gains in Saint Kitts and Nevis was 30.5% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Saint Kitts and Nevis?
- The highest recorded value was 37.9% in 2009.
- What is the lowest taxes on income, profits and capital gains recorded in Saint Kitts and Nevis?
- The lowest recorded value was 19.5% in 2013.
- How does Saint Kitts and Nevis rank for taxes on income, profits and capital gains?
- Saint Kitts and Nevis ranks 107th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 11.3%. 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 Taxes on income, profits and capital gains (% of total taxes). 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 on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.