St. Kitts and Nevis: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, St. Kitts and Nevis' export value index (2015 = 100) rose 11.5 on 2023 (from 49.7 to 61.2).

Across the 18 yearly changes before that (2006 to 2023), the average change was −0.96 and a typical year strayed about 17.66 from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 34.9 in 2008 and the biggest yearly fall was 41.5 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about 5.33 a year. A straight line explains 57% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, St. Kitts and Nevis had the 192nd highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to St. Kitts and Nevis in the 2024 ranking

• Botswana — 189th of 204: 73.6
• Trinidad and Tobago — 190th of 204: 73.5
• Samoa — 191st of 204: 67.2
• British Virgin Islands — 193rd of 204: 56.1
• Equatorial Guinea — 194th of 204: 54.2
• St. Lucia — 195th of 204: 53.3

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• Antigua and Barbuda — 47.5 (2024)
• Argentina — 140.4 (2024)
• Aruba — 49.9 (2024)
• Bahamas, The — 159.1 (2024)
• Barbados — 95.4 (2024)
• Belize — 95.4 (2024)
• Bolivia — 103.8 (2024)
• Brazil — 180.4 (2024)
• British Virgin Islands — 56.1 (2024)
• Cayman Islands — 91 (2024)
• Chile — 159.9 (2024)

More trade data for St. Kitts and Nevis

• Binding coverage, manufactured products (%) — 100% (2020)
• Bound rate, simple mean, manufactured products (%) — 71.09% (2020)
• Tariff rate, applied, simple mean, manufactured products (%) — 9.82% (2020)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 8.7% (2020)
• Tariff rate, applied, weighted mean, manufactured products (%) — 8.85% (2020)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 10.13% (2020)
• Binding coverage, all products (%) — 95.84% (2020)
• Bound rate, simple mean, all products (%) — 76.51% (2020)

Reading data like this

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Questions people ask

What is St. Kitts and Nevis's export value index (2015 = 100)?

61.2 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 8.66% from 67 in 2005 (0.48% a year on average, compounded). The highest value was 107.2 in 2014 and the lowest 49.7 in 2023.

How does St. Kitts and Nevis rank?

192nd highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for St. Kitts and Nevis?

In 2024, St. Kitts and Nevis' export value index (2015 = 100) rose 11.5 on 2023 (from 49.7 to 61.2). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.96 and a typical year strayed about 17.66 from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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