Goods and services expense in Saint Kitts and Nevis
Saint Kitts and Nevis: Goods and services expense was 180.80 million current LCU in 2020. ◆ Volatile
Goods and services expense in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Saint Kitts and Nevis is 180.80 million current LCU, measured in 2020. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 21.1% on the previous year and up 53.1% over ten years.
Over the whole period, goods and services expense in Saint Kitts and Nevis peaked at 180.80 million current LCU in 2020 and was at its lowest, 19.69 million current LCU, in 1991.
Saint Kitts and Nevis ranks 146th of 155 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.98 million current LCU | 19.69 million current LCU | 32.66 million current LCU | 4 |
| 2000s | 84.08 million current LCU | 57.93 million current LCU | 137.20 million current LCU | 10 |
| 2010s | 139.27 million current LCU | 55.98 million current LCU | 176.08 million current LCU | 8 |
| 2020s | 180.80 million current LCU | 180.80 million current LCU | 180.80 million current LCU | 1 |
Countries ranked near Saint Kitts and Nevis
More public sector data for Saint Kitts and Nevis
- Tax revenue 15.0% (2020)
- Taxes on income, profits and capital gains 15.5% (2020)
- Taxes on goods and services 21.0% (2020)
- Net investment in nonfinancial assets 5.1% (2020)
- Net lending (+) / net borrowing (-) -2.3% (2020)
- Interest payments 2.7% (2020)
- Grants and other revenue 49.3% (2020)
- Interest payments 2.9% (2020)
- Other taxes 1.3% (2020)
- Compensation of employees 35.7% (2020)
Frequently asked questions
- What is goods and services expense in Saint Kitts and Nevis?
- Goods and services expense in Saint Kitts and Nevis was 180.80 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Saint Kitts and Nevis?
- The highest recorded value was 180.80 million current LCU in 2020.
- What is the lowest goods and services expense recorded in Saint Kitts and Nevis?
- The lowest recorded value was 19.69 million current LCU in 1991.
- How does Saint Kitts and Nevis rank for goods and services expense?
- Saint Kitts and Nevis ranks 146th out of 155 countries with data for 2020.
- Is goods and services expense rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is volatile.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.