Home St. Kitts and Nevis Government Tax Revenue

St. Kitts and Nevis Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

15.04% −2.37% (-13.6%)
Year 2020 Rank #63 Global Peak 21.63% (2007) Source World Bank

St. Kitts and Nevis Tax Revenue (1990–2020)

Overview

St. Kitts and Nevis's tax revenue stood at 15.04% in 2020, a decline of +2.37% from 2017. St. Kitts and Nevis ranked 63rd globally.

Data & projection

Year Tax Revenue YoY change Rank
2020 15.04% −2.37% #63
2017 17.41% −0.94% #80
2016 18.35% −1.28% #90
2015 19.64% +1.16% #97
2014 18.47% +0.63% #93
2013 17.84% −0.08% #81
2012 17.92% −0.15% #84
2011 18.08% +1.76% #83
2010 16.31% −2.56% #69
2009 18.87% −1.17% #82
2008 20.04% −1.60% #73
2007 21.63% +0.78% #78
2006 20.85% +0.19% #70
2005 20.66% −0.59% #71
2004 21.25% −0.25% #77
Show all years (1990-2020)

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is St. Kitts and Nevis's tax revenue?

St. Kitts and Nevis's tax revenue was 15.04% in 2020. Ranked 63rd globally. This represents a 13.6% decrease from the previous year.

What was the highest tax revenue in St. Kitts and Nevis?

St. Kitts and Nevis's tax revenue peaked at 21.63% in 2007.

What was the lowest tax revenue in St. Kitts and Nevis?

The lowest tax revenue in St. Kitts and Nevis was 14.39% in 1990.

How does St. Kitts and Nevis rank in tax revenue?

St. Kitts and Nevis ranks 63rd globally in tax revenue as of 2020.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of St. Kitts and Nevis in 2020?

The tax revenue of St. Kitts and Nevis in 2020 was 15.04%. This ranks 63rd in the world.

Cite this page

APA
St. Kitts and Nevis Tax Revenue. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/st-kitts-and-nevis/tax-revenue
BibTeX
@misc{historysaid_st-kitts-and-nevis_tax-revenue, title = {St. Kitts and Nevis Tax Revenue}, url = {https://historysaid.com/st-kitts-and-nevis/tax-revenue}, publisher = {HistorySaid}, year = {2026} }