Current Account Balance: Saint Kitts and Nevis
Saint Kitts and Nevis's current account balance is currently -14 % of GDP as of 2026. # Saint Kitts and Nevis Current Account Balance Saint Kitts and Nevis recorded a current account deficit of 14% of GDP in 2026, representing a sharp deterioration from its 2014 peak of 0.
Current (2026)
-14 % of GDP
+3.4% y/y
Peak (2014)
0.7 % of GDP
Low (2025)
-14.5 % of GDP
Source
IMF World Economic Outlook
2014–2026 · 17 pts
Current Account Balance — Saint Kitts and Nevis
2014 — 2026
Current Account Balance — Saint Kitts and Nevis
Analysis# Saint Kitts and Nevis Current Account Balance
Saint Kitts and Nevis recorded a current account deficit of 14% of GDP in 2026, representing a sharp deterioration from its 2014 peak of 0.7% surplus. The nation has shifted from near-balance to significant structural deficits over the past twelve years, with a total decline of 2,100% since 2014. The 2025 low of -14.5% marks the worst performance in the measured period, reflecting sustained external imbalances.
Recent volatility masks a clear downward pattern. After narrowing to -3.4% in 2021, deficits widened dramatically from 2022 onward, accelerating through 2025. The 2026 projection of -14% suggests the deficit may stabilize near historically low levels, though persistent double-digit deficits indicate underlying structural challenges in the balance of payments that warrant continued monitoring through 2030.
Historical Data
17 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -12.5 % of GDP | +3.85% |
| 2029 | -13 % of GDP | +2.26% |
| 2028 | -13.3 % of GDP | +2.21% |
| 2027 | -13.6 % of GDP | +2.86% |
| 2026 | -14 % of GDP | +3.45% |
| 2025 | -14.5 % of GDP | -0.69% |
| 2024 | -14.4 % of GDP | -25.22% |
| 2023 | -11.5 % of GDP | -0.88% |
| 2022 | -11.4 % of GDP | -235.29% |
| 2021 | -3.4 % of GDP | +68.52% |
| 2020 | -10.8 % of GDP | -125.00% |
| 2019 | -4.8 % of GDP | +17.24% |
| 2018 | -5.8 % of GDP | +43.69% |
| 2017 | -10.3 % of GDP | +14.88% |
| 2016 | -12.1 % of GDP | -49.38% |
| 2015 | -8.1 % of GDP | -1257.14% |
| 2014 | 0.7 % of GDP | — |
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No demographic data available.