St. Kitts and Nevis — Inflation
Inflation, Consumer Prices (Annual %) for St. Kitts and Nevis, 1980–2023.
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 78 of 187 economies on this measure (1 = highest), putting it in the top 42%. 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%. Within Latin America & Caribbean it ranks 14 of 33 economies; Guyana (3.33%) is just below it. Its sharpest one-year move was up 14504% in 1987. That is 891% above this series' own ten-year average.
Data highlights
World ranking. Slipped: 38th of 106 in 1980 → 96th of 131 in 1990 → 115th of 163 in 2000 → 169th of 186 in 2010 → 169th of 178 in 2020 → 133rd of 176 in 2023.
Key figures
Full history — 1980 to 2023
| Year | annual % | Change |
|---|---|---|
| 2023 | 3.56% | +0.9 pp |
| 2022 | 2.67% | +1.5 pp |
| 2021 | 1.2% | +2.4 pp |
| 2020 | -1.17% | -0.8 pp |
| 2019 | -0.33% | +0.7 pp |
| 2018 | -1.04% | -1.7 pp |
| 2017 | 0.69% | +1.4 pp |
| 2016 | -0.69% | +1.6 pp |
| 2015 | -2.3% | -2.5 pp |
| 2014 | 0.25% | -0.9 pp |
| 2013 | 1.11% | +0.3 pp |
| 2012 | 0.82% | -5.0 pp |
| 2011 | 5.84% | +5.0 pp |
| 2010 | 0.85% | -1.2 pp |
| 2009 | 2.06% | -3.2 pp |
| 2008 | 5.3% | +0.8 pp |
| 2007 | 4.48% | -4.0 pp |
| 2006 | 8.49% | +5.1 pp |
| 2005 | 3.38% | +1.1 pp |
| 2004 | 2.31% | +0.1 pp |
| 2003 | 2.24% | +0.2 pp |
| 2002 | 2.04% | -0.3 pp |
| 2001 | 2.3% | +0.2 pp |
| 2000 | 2.15% | -1.2 pp |
| 1999 | 3.36% | -0.1 pp |
| 1998 | 3.45% | -5.5 pp |
| 1997 | 8.91% | +6.8 pp |
| 1996 | 2.09% | -0.9 pp |
| 1995 | 2.96% | +1.5 pp |
| 1994 | 1.44% | -0.4 pp |
| 1993 | 1.79% | -1.1 pp |
| 1992 | 2.86% | -1.5 pp |
| 1991 | 4.32% | +0.3 pp |
| 1990 | 4.01% | -1.2 pp |
| 1989 | 5.17% | +4.9 pp |
| 1988 | 0.23% | -0.7 pp |
| 1987 | 0.96% | +1.0 pp |
| 1986 | -0.01% | -2.6 pp |
| 1985 | 2.62% | -0.1 pp |
| 1984 | 2.71% | +0.4 pp |
| 1983 | 2.29% | -3.6 pp |
| 1982 | 5.93% | -4.5 pp |
| 1981 | 10.48% | -7.3 pp |
| 1980 | 17.74% | — |
Frequently asked questions
What was St. Kitts and Nevis’s Inflation in 1981?
10.48% (1981). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is St. Kitts and Nevis’s Inflation growing or shrinking?
Between 1980 and 2023 the series was shrinking overall: -79.9% in total — about 3.7% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 3.56%; 2022: 2.67%; 2021: 1.2%; 2020: -1.17%; 2019: -0.33%. Earlier years are in the full-history table below.
Related data
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.