household debts in Saint Kitts and Nevis

Gross debt in Saint Kitts and Nevis

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Saint Kitts and Nevis in the period from 1998 to 2021 was between 50.7 million and 702.8 million USD. The hightest level within the past 23 years was reached in 2011. However, the liabilities in 2021 have been only 218 million USD

Based on the number of inhabitants, this is a debt of 4,580 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt for the last 23 years in millions of USD

YearSaint Kitts and Nevis totalSaint Kitts and Nevis per capitaEU per capita
199850.68 M USD1,172 USD14,079 USD
199960.82 M USD1,394 USD14,032 USD
200094.67 M USD2,148 USD11,232 USD
200197.95 M USD2,196 USD11,255 USD
200290.11 M USD1,995 USD12,258 USD
200359.24 M USD1,295 USD15,286 USD
2005486.13 M USD10,376 USD18,327 USD
2006635.00 M USD13,416 USD18,877 USD
2007640.53 M USD13,409 USD20,898 USD
2008636.07 M USD13,202 USD24,086 USD
2009651.51 M USD13,406 USD25,361 USD
2010693.79 M USD14,156 USD26,496 USD
2011702.75 M USD14,214 USD29,231 USD
2012653.70 M USD13,105 USD28,174 USD
2013470.95 M USD9,358 USD29,981 USD
2014428.40 M USD8,437 USD30,648 USD
2015356.01 M USD7,449 USD25,918 USD
2016339.06 M USD7,095 USD26,261 USD
2017337.01 M USD7,053 USD27,024 USD
2018273.57 M USD5,728 USD28,448 USD
2019253.20 M USD5,307 USD27,168 USD
2020225.59 M USD4,735 USD30,783 USD
2021218.03 M USD4,580 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Saint Kitts and Nevis       European Union

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