St. Kitts and Nevis: Net incurrence of liabilities, total (current LCU)

Key figures

Since 2000 it is down 119.05% from 126.5 million 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 113.46 million in 2004 and the biggest yearly fall was 176.5 million 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.

Closest to St. Kitts and Nevis in the 2020 ranking

• Palau — 5th of 8: 52.56 million
• Micronesia, Fed. Sts. — 6th of 8: 5.59 million
• Marshall Islands — 7th of 8: -241,000

What this measures

Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.

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).

All 12 values

Net incurrence of liabilities, total (current LCU) in nearby economies

• Argentina — 21.12 trillion (2024)
• Bahamas, The — 61.81 million (2024)
• Barbados — 464.42 million (2016)
• Brazil — 865.42 billion (2024)
• Chile — 7.77 trillion (2024)
• Colombia — 99.03 trillion (2024)
• Dominican Republic — 208.08 billion (2024)
• Ecuador — 2.95 billion (2022)
• El Salvador — 859.6 million (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)

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Questions people ask

What is St. Kitts and Nevis's net incurrence of liabilities, total (current LCU)?

-24.1 million in 2020, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is down 119.05% from 126.5 million in 2000. The highest value was 231.38 million in 2005 and the lowest -24.1 million in 2020.

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.LBL.TOTL.CN, 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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