St. Kitts and Nevis: Net acquisition of financial assets (% of GDP)

Key figures

Since 2000 it is up 0.04 percentage points from -0.00879% in 2000. The World Bank has no value for 9 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

On record, the biggest yearly rise was 8.91 percentage points in 2004 and the biggest yearly fall was 10.76 percentage points in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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

How it compares

See how every economy compares in the full ranking.

Closest to St. Kitts and Nevis in the 2020 ranking

• Bhutan — 4th of 7: 3.91%
• Mali — 5th of 7: 0.89%
• Cabo Verde — 6th of 7: 0.85%

What this measures

Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

Regional and income-group figures are computed by the World Bank as a weighted average.

All 12 values

Net acquisition of financial assets (% of GDP) in nearby economies

• Argentina — 3.69% (2024)
• Bahamas, The — 1.46% (2024)
• Barbados — 2.54% (2016)
• Brazil — 1.53% (2024)
• Chile — -0.29% (2024)
• Colombia — 1.1% (2024)
• Dominican Republic — -0.22% (2024)
• Ecuador — 2.2% (2022)
• El Salvador — 0.41% (2024)
• Guatemala

More public sector data for St. Kitts and Nevis

• Intentional homicides (per 100,000 people) — 64.16 (2023)
• Net investment in nonfinancial assets (current LCU) — 122.7 million (2020)
• Net investment in nonfinancial assets (% of GDP) — 5.14% (2020)
• Net lending (+) / net borrowing (-) (current LCU) — -53.7 million (2020)
• Net lending (+) / net borrowing (-) (% of GDP) — -2.25% (2020)
• Grants and other revenue (current LCU) — 348.4 million (2020)
• Grants and other revenue (% of revenue) — 49.25% (2020)
• Revenue, excluding grants (current LCU) — 679.2 million (2020)
• Revenue, excluding grants (% of GDP)

Reading data like this

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Questions people ask

What is St. Kitts and Nevis's net acquisition of financial assets (% of GDP)?

0.03% in 2020, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 0.04 percentage points from -0.00879% in 2000. The highest value was 11.01% in 2004 and the lowest -1.53% in 2010.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.AST.TOTL.GD.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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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