St. Kitts and Nevis Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
St. Kitts and Nevis's gross savings was 12.46% in 2025, ranked 138th globally. This represents a 0.9% decrease from 2024. Data from World Bank, covering 2014–2025.
Overview
St. Kitts and Nevis's gross savings stood at 12.46% in 2025, a decline of +0.11% from 2024. The IMF projects 12.46% by 2025. St. Kitts and Nevis ranked 138th globally.
St. Kitts and Nevis' gross savings have exhibited significant fluctuations over the past 12 years, with a notable decline from the peak of 26.65 in 2021 to the current level of 12.46 in 2025. This represents a substantial reduction, ranking 138th globally in the latest available data. Notably, the country's gross savings level has fallen short of that of nearby peers, such as Burundi at 12.47, and South Africa at 12.24. The all-time low in gross savings, coinciding with the current year, suggests a trend reversal in the country's savings behavior. Historically, the island nation's economy has been driven by tourism and financial services, which may have contributed to the high savings rate in the past. However, the current economic environment may be influenced by external factors, such as global economic conditions and changes in government policies. If the country's reliance on external financing increases, it could potentially shift the trajectory of gross savings, necessitating a reevaluation of its economic management strategies.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 14.55% | - | - |
| 2029* IMF | 13.99% | - | - |
| 2028* IMF | 13.67% | - | - |
| 2027* IMF | 13.42% | - | - |
| 2026* IMF | 12.99% | - | - |
| 2025* IMF | 12.46% | - | - |
| 2025 | 12.46% | −0.11% | #138 |
| 2024 | 12.57% | −2.88% | #143 |
| 2023 | 15.45% | −0.16% | #133 |
| 2022 | 15.61% | −11.04% | #142 |
| 2021 | 26.65% | +7.49% | #69 |
| 2020 | 19.16% | −6.05% | #112 |
| 2019 | 25.22% | +1.06% | #71 |
| 2018 | 24.15% | +4.41% | #77 |
| 2017 | 19.75% | +1.83% | #111 |
| 2016 | 17.92% | +2.03% | #122 |
| 2015 | 15.89% | −7.71% | #131 |
| 2014 | 23.60% | – | #79 |
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 gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's gross savings was 12.46% in 2025. Ranked 138th globally. This represents a 0.9% decrease from the previous year.
St. Kitts and Nevis's gross savings peaked at 26.65% in 2021.
The lowest gross savings in St. Kitts and Nevis was 12.46% in 2025.
St. Kitts and Nevis ranks 138th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
St. Kitts and Nevis's gross savings is projected to reach 12.46% by 2025 based on IMF projection.
The gross savings of St. Kitts and Nevis in 2025 was 12.46%. This ranks 138th in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_gross-savings,
title = {St. Kitts and Nevis Gross Savings},
url = {https://historysaid.com/st-kitts-and-nevis/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}