General Government Primary Net Lending/Borrowing for St. Kitts and Nevis
SKNGGXONLBGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
-109.15%
Date Range
1/1/1990 - 1/1/2030
Summary
The General Government Primary Net Lending/Borrowing for St. Kitts and Nevis tracks the government's fiscal balance, excluding interest payments, as a percentage of GDP. This metric provides insight into the government's fiscal policy and ability to fund public services and investments.
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
This economic indicator represents the difference between the government's total revenue and its non-interest expenditures, expressed as a share of the country's gross domestic product. It is a key measure of fiscal sustainability and can inform policy decisions related to taxation, spending, and public debt management.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reported government finance statistics.
Historical Context
Economists and policymakers use this indicator to assess the government's fiscal position and its implications for macroeconomic stability and long-term growth.
Key Facts
- St. Kitts and Nevis is a small island country in the Caribbean.
- The government's fiscal balance is an important factor in the country's economic development.
- Positive values indicate a government surplus, while negative values indicate a deficit.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between the government's total revenue and its non-interest expenditures as a percentage of GDP, providing insight into the government's fiscal balance.
Q: Why is this trend relevant for users or analysts?
A: The General Government Primary Net Lending/Borrowing for St. Kitts and Nevis is a key indicator of the government's fiscal sustainability and can inform policy decisions related to taxation, spending, and public debt management.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reported government finance statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the government's fiscal position and its implications for macroeconomic stability and long-term growth, which can inform decisions on fiscal policy and public finance management.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the IMF, and there may be occasional delays in data reporting from the national authorities.
Related Trends
Number of Listed Companies for Saint Kitts and Nevis
DDOM01KNA644NWDB
Bank Credit to Bank Deposits for Saint Kitts and Nevis
DDSI04KNA156NWDB
Value of Exports to Saint Kitts and Nevis from Michigan
MIKNAA052SCEN
Value of Exports to Saint Kitts and Nevis from Iowa
IAKNAA052SCEN
Value of Exports to Saint Kitts and Nevis from Missouri
MOKNAA052SCEN
Value of Exports to Saint Kitts and Nevis from Oregon
ORKNAA052SCEN
Citation
U.S. Federal Reserve, General Government Primary Net Lending/Borrowing for St. Kitts and Nevis (SKNGGXONLBGDP), retrieved from FRED.