St. Kitts and Nevis Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
St. Kitts and Nevis's current account balance was -14.54% in 2025, ranked 173rd globally. This represents a 3.6% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
St. Kitts and Nevis's current account balance stood at -14.54% in 2025, a rise of +0.54% from 2024. The IMF projects -14.54% by 2025. St. Kitts and Nevis ranked 173rd globally.
St. Kitts and Nevis' current account balance has exhibited notable fluctuations over the past 46 years, with a historical range spanning from -25.47 in 2000 to a peak of 0.70 in 2014. Notably, the island nation has struggled with significant trade deficits, particularly during the early 2000s. Despite an improvement in the early 2010s, the current account balance has once again deteriorated, with the latest value standing at -14.54. This ranking places St. Kitts and Nevis among the bottom 173 countries globally. For context, countries with similar rankings include Mongolia at -14.35 and Namibia at -14.65. The country's trade dynamics are likely influenced by its small economy and reliance on imports, which may contribute to its persistent trade deficits. A potential shift in the island's economic trajectory could be driven by a diversification of its export base and increased foreign investment, which would need to be accompanied by prudent fiscal policies to address the current account deficit.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -12.45% | - | - |
| 2029* IMF | -13.01% | - | - |
| 2028* IMF | -13.33% | - | - |
| 2027* IMF | -13.59% | - | - |
| 2026* IMF | -14.01% | - | - |
| 2025* IMF | -14.54% | - | - |
| 2025 | -14.54% | +0.54% | #173 |
| 2024 | -15.08% | −3.53% | #17 |
| 2023 | -11.59% | −0.20% | #20 |
| 2022 | -11.38% | −8.03% | #29 |
| 2021 | -3.35% | +7.49% | #82 |
| 2020 | -10.84% | −6.05% | #33 |
| 2019 | -4.79% | +1.06% | #61 |
| 2018 | -5.85% | +4.41% | #52 |
| 2017 | -10.25% | +1.83% | #27 |
| 2016 | -12.08% | −3.97% | #24 |
| 2015 | -8.11% | −8.80% | #46 |
| 2014 | 0.70% | +3.56% | #135 |
| 2013 | -2.86% | +0.26% | #105 |
| 2012 | -3.13% | +4.69% | #100 |
| 2011 | -7.81% | +7.51% | #56 |
Detected Pattern
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 current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's current account balance was -14.54% in 2025. Ranked 173rd globally. This represents a 3.6% increase from the previous year.
St. Kitts and Nevis's current account balance peaked at 0.70% in 2014.
The lowest current account balance in St. Kitts and Nevis was -25.47% in 2000.
St. Kitts and Nevis ranks 173rd globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
St. Kitts and Nevis's current account balance is projected to reach -14.54% by 2025 based on IMF projection.
The current account balance of St. Kitts and Nevis in 2025 was -14.54%. This ranks 173rd in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_current-account,
title = {St. Kitts and Nevis Current Account Balance},
url = {https://historysaid.com/st-kitts-and-nevis/current-account/},
publisher = {HistorySaid},
year = {2026}
}