St. Kitts and Nevis GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
St. Kitts and Nevis's gdp deflator was 10.33% in 2025, ranked 41st globally. This represents a 72.4% increase from 2024. Data from World Bank, covering 1978–2025.
Overview
St. Kitts and Nevis's gdp deflator stood at 10.33% in 2025, a rise of +4.34pp from 2024. Based on recent trends, this figure is projected to reach 10.33% by 2025. St. Kitts and Nevis ranked 41st globally.
St. Kitts and Nevis' GDP deflator has experienced significant fluctuations over the 48-year period from 1978 to 2025, with an all-time peak of 16.36% in 1981 and a trough of -5.80% in 2020. The latest value, 10.33% in 2025, ranks the country 41st globally. Compared to its peers, St. Kitts and Nevis' deflator is closest to Jamaica's 10.37%, indicating a relatively stable price environment. The country's economic growth, however, has been sensitive to external shocks, particularly the COVID-19 pandemic, which contributed to the deflator's sharp decline in 2020. As the global economy continues to evolve, a shift in St. Kitts and Nevis' economic structure towards more diversified industries could potentially alter the trajectory of its GDP deflator, mitigating its exposure to external shocks and potentially stabilizing the price environment.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 16.57% | - | - |
| 2026* trend | 13.45% | - | - |
| 2025* trend | 10.33% | - | - |
| 2025 | 10.33% | +4.34pp | #41 |
| 2024 | 5.99% | +1.58pp | #137 |
| 2023 | 4.41% | +0.95pp | #89 |
| 2022 | 3.46% | +6.68pp | #38 |
| 2021 | -3.22% | +2.58pp | #1 |
| 2020 | -5.80% | −5.77pp | #15 |
| 2019 | -0.03% | +0.12pp | #32 |
| 2018 | -0.15% | −4.90pp | #16 |
| 2017 | 4.75% | +3.55pp | #143 |
| 2016 | 1.20% | +1.36pp | #75 |
| 2015 | -0.16% | −1.36pp | #45 |
| 2014 | 1.20% | +0.89pp | #76 |
| 2013 | 0.31% | +0.96pp | #37 |
| 2012 | -0.64% | −6.30pp | #6 |
| 2011 | 5.66% | +5.03pp | #111 |
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 gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's gdp deflator was 10.33% in 2025. Ranked 41st globally. This represents a 72.4% increase from the previous year.
St. Kitts and Nevis's gdp deflator peaked at 16.36% in 1981.
The lowest gdp deflator in St. Kitts and Nevis was -5.80% in 2020.
St. Kitts and Nevis ranks 41st globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
St. Kitts and Nevis's gdp deflator is projected to reach 10.33% by 2025 based on trend extrapolation.
The gdp deflator of St. Kitts and Nevis in 2025 was 10.33%. This ranks 41st in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_gdp-deflator,
title = {St. Kitts and Nevis GDP Deflator},
url = {https://historysaid.com/st-kitts-and-nevis/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}