St. Kitts and Nevis Remains Among CARICOM’s High-Income Economies

St. Kitts and Nevis has been classified as a high-income country, based on 2024 Gross National Income (GNI) per capita data, placing the Federation above the World Bank’s high-income threshold.

The latest approximate GNI of US $22,470.00 per capita places St. Kitts and Nevis within a small group of CARICOM countries that meet the high-income benchmark, including Antigua and Barbuda, The Bahamas, Barbados and Guyana. 

GNI per capita is commonly used to assess average income levels and overall economic performance across countries.

While the classification reflects relatively strong earnings per person and sustained economic activity, analysts note that it does not mean prosperity is evenly experienced across all households. Instead, it highlights the Federation’s standing at a macro-economic level, even as many countries continue to face pressure from global economic uncertainty.

The data suggests that St. Kitts and Nevis has maintained a degree of economic stability amid wider international challenges, including inflationary pressures, rising costs and slower global growth.

Officials have indicated that attention is now focused on ensuring that economic performance translates into tangible, everyday benefits for citizens, particularly in areas such as employment, cost of living and long-term economic resilience.


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