- Conventional long form
- Federation of Saint Kitts and Nevis
- Conventional short form
- Saint Kitts and Nevis
- Local long form
- Local short form
federal parliamentary democracy (National Assembly) under a constitutional monarchy; a Commonwealth realm
- Name
- Basseterre
- Geographic coordinates
- 17 18 N, 62 43 W
- Time difference
- UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
The economy of Saint Kitts and Nevis depends on tourism; since the 1970s, tourism has replaced sugar as the economy’s traditional mainstay. Roughly 200,000 tourists visited the islands in 2009, but reduced tourism arrivals and foreign investment led to an economic contraction in the 2009-2013 period, and the economy returned to growth only in 2014. Like other tourist destinations in the Caribbean, Saint Kitts and Nevis is vulnerable to damage from natural disasters and shifts in tourism demand.
- Inflation
- -2.302%
- External debt stocks
- US$ 202,732,000
- Total tax rate (% of commercial profits)
- 49.7%
- Real Interest Rate
- 8.148%
- Manufacturing, value added (% of GDP)
- 6.667%
- Current Account Balance
- US$ -62,703,314
- Labor Force, Total
- Employment in Agriculture
- 0.20%
- Employment in Industry
- 48.80%
- Employment in Services
- 42.10%
- Unemployment Rate
- 5.10%
- Imports of goods and services
- US$ 557,037,037
- Exports of goods and services
- US$ 402,592,593
- Total Merchandise Trade
- 38.50%
- FDI, net inflows
- US$ 78,159,630
- Commercial Service Exports
- US$ 144,566,830
sugarcane, rice, yams, vegetables, bananas; fish
tourism, cotton, salt, copra, clothing, footwear, beverages
- Commodities
- machinery, food, electronics, beverages, tobacco
- Partners
- US 46.4%, Poland 15.2%, Bangladesh 10.5% (2015)
- Commodities
- machinery, manufactures, food, fuels
- Partners
- US 37.8%, Trinidad and Tobago 22.8%, Barbados 4.4% (2015)