St. Kitts and Nevis's net lending (+) / net borrowing (-) (current LCU) was -53.7 million in 2020, the latest year in the World Bank's World Development Indicators. That is up 27.37% from -73.94 million in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -53.7 million | 2020 |
| Five years earlier | 168.46 million | 2015 |
| Ten years earlier | -73.94 million | 2010 |
| Highest | 282.57 million | 2013 |
| Lowest | -126.6 million | 2000 |
| Average since 2011 | 126.1 million | 2011–2020 |
| First recorded | -6.32 million |
What the numbers say
On record, the biggest yearly rise was 173.9 million in 2012 and the biggest yearly fall was 120.39 million in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about 25.78 million a year. A straight line explains 40% of the movement over 8 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 2020, St. Kitts and Nevis had the 4th highest value of the 10 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 2020 ranking
- Micronesia, Fed. Sts. — 1st of 10: 25.83 million
- Marshall Islands — 2nd of 10: 12.17 million
- Palau — 3rd of 10: -24.64 million
- Bahrain — 5th of 10: -1.67 billion
- Bhutan — 6th of 10: -4.58 billion
- Cabo Verde — 7th of 10: -16.52 billion
What this measures
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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 24 values
| Year | Net lending (+) / net borrowing (-) (current LCU) |
|---|---|
| 2020 | -53,700,000 |
| 2019 | no data |
| 2018 | no data |
| 2017 | 50,950,000 |
| 2016 | 48,070,000 |
| 2015 | 168,460,000 |
| 2014 | 241,640,000 |
| 2013 | 282,566,040 |
| 2012 | 222,358,161 |
| 2011 | 48,457,964 |
| 2010 |
Net lending (+) / net borrowing (-) (current LCU) in nearby economies
- Argentina — 449.43 billion (2024)
- Bahamas, The — -194.07 million (2024)
- Barbados — -471.26 million (2016)
- Belize — -52.73 million (2017)
- Brazil — -670.3 billion (2024)
- Chile — -8.66 trillion (2024)
- Colombia — -79.43 trillion (2024)
- Costa Rica — -252.19 billion (2024)
- Dominican Republic — -214.21 billion (2024)
- Ecuador
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 (-) (% 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) — 28.46% (2020)
- Taxes on goods and services (current LCU)
Reading data like this
Questions people ask
- What is St. Kitts and Nevis's net lending (+) / net borrowing (-) (current LCU)?
- -53.7 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is down 749.68% from -6.32 million in 1990. The highest value was 282.57 million in 2013 and the lowest -126.6 million in 2000.
- How does St. Kitts and Nevis rank?
- 4th highest of 10 economies with data for 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.NLD.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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