Macro - Country Economic Forecasts - St. Kitts and Nevis
We trimmed our GDP growth forecasts for St. Kitts and Nevis, by 1.6ppts for 2024 and by 0.9ppts for 2025, as we now expect growth of 3.7% y/y in both years. Government spending commitments, primarily in renewable energy projects, continue to drive fixed investment, while the rebound in tourism supports exports. Subsiding global inflation and falling oil prices have resulted in significant relief for the economy since our last forecast. But climate change and an energy price shock triggered by political instability are downside risks to activity.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook