Cash surplus/deficit (% of GDP) for St. Kitts and Nevis
CASHBLKNA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
223.95
Year-over-Year Change
-200.01%
Date Range
1/1/1990 - 1/1/2012
Summary
The cash surplus/deficit (% of GDP) for St. Kitts and Nevis measures the difference between government revenue and expenditure as a percentage of the country's gross domestic product. This key fiscal indicator provides insight into the government's budgetary position and ability to finance public services.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit statistic represents the government's net borrowing or lending position. A deficit indicates the government is spending more than it collects in revenue, while a surplus means revenue exceeds expenditures. This metric is widely used by economists and policymakers to assess fiscal sustainability and the impact of fiscal policy.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on national accounts information.
Historical Context
Policymakers and analysts use this trend to evaluate the government's fiscal stance and inform decisions around taxation, spending, and debt management.
Key Facts
- St. Kitts and Nevis had a fiscal deficit of 5.9% of GDP in 2021.
- The country's cash surplus peaked at 2.3% of GDP in 2013.
- The deficit has fluctuated significantly over the past decade.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for St. Kitts and Nevis measures the difference between the government's total revenue and total expenditure as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's fiscal position and ability to finance public services. It is a key indicator used by economists and policymakers to assess fiscal sustainability and the impact of fiscal policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the government's fiscal stance and inform decisions around taxation, spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published annually by the IMF, with potential delays in reporting.
Related Trends
Value of Exports to Saint Kitts and Nevis from New York
NYKNAA052SCEN
Liquid Assets to Deposits and Short Term Funding for Saint Kitts and Nevis
DDSI06KNA156NWDB
Bank's Return on Equity for Saint Kitts and Nevis
DDEI06KNA156NWDB
Value of Exports to Saint Kitts and Nevis from Maine
MEKNAA052SCEN
Purchasing Power Parity, Share of World for St. Vincent and the Grenadines
SVGPPPSH
Fiscal Year Gross Domestic Product for St. Kitts and Nevis
SKNNGDPFY
Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for St. Kitts and Nevis (CASHBLKNA188A), retrieved from FRED.