St. Kitts and Nevis — Inflation
Inflation, Consumer Prices (Annual %) for St. Kitts and Nevis, 1980–2023.
Latest value · 2023
3.56%
Inflation, Consumer Prices (Annual %) · annual % · -79.9% since 1980
Inflation for St. Kitts and Nevis was 3.56% in 2023, according to the latest World Bank data. The series covers 44 years, from 1980 to 2023. The highest recorded value was 17.74% in 1980. The lowest was -2.30% in 2015 (about -1.5× the low point). Across that span the compound annual growth rate works out to -3.67% per year.
St. Kitts and Nevis ranks 77 of 187 economies on this measure (1 = highest), putting it in the top 41%. The median for Latin America & Caribbean is 2.53%, so St. Kitts and Nevis sits above it. It peaked in 1980 and has fallen 80% since. Over the last decade (2013–2023) the figure moved up 221%.
Key figures
Latest (2023)
3.56%
First (1980)
17.74%
Change
-79.9%
Highest
17.74%
in 1980
Lowest
-2.30%
in 2015
Average
2.94%
Annual growth (CAGR)
-3.67%
Years of data
44
Recent years
| Year | annual % |
|---|---|
| 2023 | 3.56% |
| 2022 | 2.67% |
| 2021 | 1.2% |
| 2020 | -1.17% |
| 2019 | -0.33% |
| 2018 | -1.04% |
| 2017 | 0.69% |
| 2016 | -0.69% |
| 2015 | -2.3% |
| 2014 | 0.25% |
| 2013 | 1.11% |
| 2012 | 0.82% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.