St. Kitts and Nevis Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
St. Kitts and Nevis's government debt to gdp was 61.90% in 2025, ranked 70th globally. This represents a 15.0% increase from 2024. Data from IMF WEO, covering 1996–2025.
Overview
St. Kitts and Nevis's government debt to gdp stood at 61.90% in 2025, a rise of +8.07% from 2024. The IMF projects 61.90% by 2025. St. Kitts and Nevis ranked 70th globally.
St. Kitts and Nevis recorded a government debt-to-GDP ratio of 61.90 in 2025, ranking 70th globally according to the IMF World Economic Outlook. The country’s debt burden has undergone significant fluctuations over the past three decades, peaking at 153.13 in 2004 amid fiscal challenges and vulnerabilities to external shocks, before undergoing a sustained decline. Starting from a trough of 50.67 in 1996, the debt ratio more than tripled within eight years, reflecting periods of elevated public spending and economic volatility. Since the mid-2010s, fiscal consolidation efforts and debt restructuring have contributed to a downward trajectory. By 2025, St. Kitts and Nevis’ debt level was comparable to that of Romania at 61.21 and Montenegro at 60.79, positioning it among middle-ranking countries globally. The current trend suggests continued moderation in debt levels, though shifts in tourism revenue, climate-related expenditures, or changes in foreign investment could alter the fiscal outlook in coming years.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 82.54% | - | - |
| 2029* IMF | 78.85% | - | - |
| 2028* IMF | 75.20% | - | - |
| 2027* IMF | 71.43% | - | - |
| 2026* IMF | 67.54% | - | - |
| 2025* IMF | 61.90% | - | - |
| 2025 | 61.90% | +8.07% | #70 |
| 2024 | 53.82% | −1.90% | #91 |
| 2023 | 55.72% | −4.57% | #100 |
| 2022 | 60.30% | −8.81% | #107 |
| 2021 | 69.10% | +1.13% | #120 |
| 2020 | 67.98% | +13.72% | #115 |
| 2019 | 54.26% | +0.35% | #109 |
| 2018 | 53.91% | −2.27% | #112 |
| 2017 | 56.18% | −1.23% | #118 |
| 2016 | 57.41% | −4.78% | #119 |
| 2015 | 62.19% | −7.15% | #135 |
| 2014 | 69.34% | −22.16% | #148 |
| 2013 | 91.50% | −29.86% | #169 |
| 2012 | 121.36% | −5.72% | #180 |
| 2011 | 127.07% | −7.83% | #180 |
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 government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's government debt to gdp was 61.90% in 2025. Ranked 70th globally. This represents a 15.0% increase from the previous year.
St. Kitts and Nevis's government debt to gdp peaked at 153.13% in 2004.
The lowest government debt to gdp in St. Kitts and Nevis was 50.67% in 1996.
St. Kitts and Nevis ranks 70th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
St. Kitts and Nevis's government debt to gdp is projected to reach 61.90% by 2025 based on IMF projection.
The government debt to gdp of St. Kitts and Nevis in 2025 was 61.90%. This ranks 70th in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_government-debt-to-gdp,
title = {St. Kitts and Nevis Government Debt to GDP},
url = {https://historysaid.com/st-kitts-and-nevis/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}