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St. Kitts and Nevis Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

St. Kitts and Nevis's remittances received was $40.8M in 2025, ranked 165th globally. This represents a 5.2% increase from 2024. Data from World Bank, covering 1980–2025.

$40.8M +$2.0M (+5.2%)
Year 2025 Rank #165 Global Peak $42.2M (2019) Source World Bank

St. Kitts and Nevis Remittances Received (1980–2025)

Overview

St. Kitts and Nevis's remittances received stood at $40.8M in 2025, a rise of +$2.0M from 2024. Based on recent trends, this figure is projected to reach $40.8M by 2025. St. Kitts and Nevis ranked 165th globally.

St. Kitts and Nevis has experienced significant fluctuations in remittances received over the past four decades. With a coverage of 46 years, the remittance inflows into the country have seen a substantial increase since the 1980s, when the country received a mere 792,592.59 dollars in remittances. This figure is not only the all-time trough but also the starting point for the steady growth observed in the subsequent years. By 2019, the country reached its all-time peak of 42,237,235.19 dollars, indicating a substantial rise in remittances. However, this growth appears to have slowed down, with the country now ranking 165 globally in terms of remittance inflows, at 40,767,141.93 dollars in 2025. Countries like Angola, which ranked 45 in 2025, have shown comparable levels of remittance growth, suggesting that St. Kitts and Nevis may need to diversify its economy or implement policies to attract higher remittances to continue its growth trajectory, potentially by leveraging its strategic location as a financial hub in the region.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $43.7M - -
2026* trend $42.2M - -
2025* trend $40.8M - -
2025 $40.8M +$2.0M #165
2024 $38.7M +$1.5M #16
2023 $37.2M −$371,946 #17
2022 $37.6M +$501,491 #16
2021 $37.1M +$5.5M #17
2020 $31.6M −$10.7M #18
2019 $42.2M +$16.3M #22
2018 $25.9M +$1.2M #16
2017 $24.8M +$2.2M #18
2016 $22.6M −$1.8M #16
2015 $24.4M +$2.7M #16
2014 $21.7M +$1.1M #14
2013 $20.5M +$1.6M #13
2012 $18.9M +$1.1M #15
2011 $17.8M +$166,186 #15
Show all years (1980-2025)
* Linear trend extrapolation

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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is St. Kitts and Nevis's remittances received?▾

St. Kitts and Nevis's remittances received was $40.8M in 2025. Ranked 165th globally. This represents a 5.2% increase from the previous year.

What was the highest remittances received in St. Kitts and Nevis?▾

St. Kitts and Nevis's remittances received peaked at $42.2M in 2019.

What was the lowest remittances received in St. Kitts and Nevis?▾

The lowest remittances received in St. Kitts and Nevis was $792,593 in 1980.

How does St. Kitts and Nevis rank in remittances received?▾

St. Kitts and Nevis ranks 165th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of St. Kitts and Nevis in 2025?▾

St. Kitts and Nevis's remittances received is projected to reach $40.8M by 2025 based on trend extrapolation.

What is St. Kitts and Nevis's remittances received in million?▾

St. Kitts and Nevis's remittances received was approximately 40.77 million ($40.8M) in 2025.

What is the remittances received of St. Kitts and Nevis in 2025?▾

The remittances received of St. Kitts and Nevis in 2025 was $40.8M. This ranks 165th in the world.

Cite this page

APA
St. Kitts and Nevis Remittances Received. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/st-kitts-and-nevis/remittances/
BibTeX
@misc{historysaid_st-kitts-and-nevis_remittances, title = {St. Kitts and Nevis Remittances Received}, url = {https://historysaid.com/st-kitts-and-nevis/remittances/}, publisher = {HistorySaid}, year = {2026} }
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