Home St. Kitts and Nevis Government Budget Deficit

St. Kitts and Nevis Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-12.15% −1.16% (-10.6%)
Year 2025 Rank #181 Global Peak 10.93% (2013) Source IMF WEO

St. Kitts and Nevis Budget Deficit (1980–2025)

Overview

St. Kitts and Nevis's budget deficit stood at -12.15% in 2025, a decline of +1.16% from 2024. The IMF projects -12.15% by 2025. St. Kitts and Nevis ranked 181st globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -7.21% - -
2029* IMF -7.11% - -
2028* IMF -7.00% - -
2027* IMF -6.89% - -
2026* IMF -8.19% - -
2025* IMF -12.15% - -
2025 -12.15% −1.16% #181
2024 -10.99% −10.72% #9
2023 -0.28% +3.88% #148
2022 -4.16% −9.57% #68
2021 5.41% +8.46% #187
2020 -3.06% −2.36% #147
2019 -0.70% −2.50% #118
2018 1.80% +0.12% #159
2017 1.68% −2.08% #171
2016 3.77% −1.89% #180
2015 5.66% −2.86% #183
2014 8.52% −2.41% #185
2013 10.93% +6.61% #185
2012 4.32% +2.72% #171
2011 1.60% +5.74% #162
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.5% Real rate -6.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

St. Kitts and Nevis matched the Fiscal Dominance Trap pattern in 1981. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is St. Kitts and Nevis's budget deficit?

St. Kitts and Nevis's budget deficit was -12.15% in 2025. Ranked 181st globally. This represents a 10.6% decrease from the previous year.

What was the highest budget deficit in St. Kitts and Nevis?

St. Kitts and Nevis's budget deficit peaked at 10.93% in 2013.

What was the lowest budget deficit in St. Kitts and Nevis?

The lowest budget deficit in St. Kitts and Nevis was -15.23% in 1987.

How does St. Kitts and Nevis rank in budget deficit?

St. Kitts and Nevis ranks 181st globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of St. Kitts and Nevis in 2025?

St. Kitts and Nevis's budget deficit is projected to reach -12.15% by 2025 based on IMF projection.

What is the budget deficit of St. Kitts and Nevis in 2025?

The budget deficit of St. Kitts and Nevis in 2025 was -12.15%. This ranks 181st in the world.

Cite this page

APA
St. Kitts and Nevis Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/st-kitts-and-nevis/budget-deficit
BibTeX
@misc{historysaid_st-kitts-and-nevis_budget-deficit, title = {St. Kitts and Nevis Budget Deficit}, url = {https://historysaid.com/st-kitts-and-nevis/budget-deficit}, publisher = {HistorySaid}, year = {2026} }