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Saint Kitts and Nevis

Saint Kitts and Nevis Local currency at constant prices Stats

Definitions

  • Aggregate indicators > GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Aggregate indicators > Gross domestic savings > Consta: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in constant local currency.
  • Aggregate indicators > Gross value added at factor cos: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency."
  • Aggregate indicators > Net current transfers from abro: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Aggregate indicators > Net income from abroad > Consta: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in constant local currency."
  • Aggregate indicators > Net taxes on products > Constan: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency."
  • Expenditure on GDP > Discrepancy in expenditure estima: A statistical discrepancy usually arises when the GDP components are estimated independently by industrial origin and by expenditure categories. This item represents the discrepancy in the use of resources (i.e., the estimate of GDP by expenditure categories). Data are in constant local currency."
  • Expenditure on GDP > Final > Consumption expenditure: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.
  • Expenditure on GDP > General government final consumpt: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency."
  • Expenditure on GDP > Household final > Consumption expen: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency."
  • Value added > Agriculture > Value added > Constant LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Industry > Value added > Constant LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Manufacturing > Value added > Constant LC: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Services > Etc. > Value added > Constant L: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
STAT AMOUNT DATE RANK HISTORY
Aggregate indicators > GDP > Constant LCU 786.19 million 2009 154th out of 162
Aggregate indicators > GDP per capita > Constant LCU 15,852.74 2009 104th out of 162
Aggregate indicators > Gross domestic savings > Consta 221.09 million 2003 75th out of 91
Aggregate indicators > Gross value added at factor cos 642.07 million 2009 110th out of 114
Aggregate indicators > Net current transfers from abro 65.45 million 2006 79th out of 102
Aggregate indicators > Net income from abroad > Consta -47,960,000 2009 25th out of 87
Aggregate indicators > Net taxes on products > Constan 144.12 million 2009 98th out of 104
Expenditure on GDP > Discrepancy in expenditure estima 0.0 2003 63th out of 118
Expenditure on GDP > Final > Consumption expenditure 447.98 million 2003 116th out of 117
Expenditure on GDP > General government final consumpt 149.79 million 2003 133th out of 136
Expenditure on GDP > Household final > Consumption expen 298.18 million 2003 132nd out of 133
Value added > Agriculture > Value added > Constant LCU 27.89 million 2009 120th out of 121
Value added > Industry > Value added > Constant LCU 158.66 million 2009 118th out of 123
Value added > Manufacturing > Value added > Constant LC 67.57 million 2009 102nd out of 108
Value added > Services > Etc. > Value added > Constant L 455.52 million 2009 114th out of 119

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

Citation

Saint Kitts and Nevis Economy > National accounts > Local currency at constant prices Profiles (Subcategories)

Aggregate indicators 7 Other items 4
Expenditure on GDP 11 Value added 4

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