United States. Central Intelligence Agency

“ Economy Saint Kitts and Nevis Economy - overview: Sugar was the traditional mainstay of the Saint Kitts economy until the 1970s. Although the crop still dominates the agricultural sector, activities such as tourism, export-oriented manufacturing, and offshore banking have assumed larger roles in the economy. As tourism revenues are now the chief source of the islands' foreign exchange, a decline in stopover tourist arrivals following the 11 September 2001 terrorist attacks has eroded government finances. ”

“ The opening of a 1,000+ bed Marriott hotel in February 2003 was expected to bring in much-needed revenue. GDP: purchasing power parity - $339 million (2002 est.) GDP - real growth rate: -1.9% (2002 est.) GDP - per capita: purchasing power parity - $8,800 (2002 est.) GDP - composition by sector: agriculture: 3.5%
industry: 25.8%
services: 70.7% (2001) Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA
highest 10%: NA Inflation rate (consumer prices) : 1.7% (2001 est.) ”

“ Labor force - by occupation: NA Unemployment rate: 4.5% (1997) Budget: revenues: $89.7 million
expenditures: $128.2 million, including capital expenditures of $19.5 million (2003 est.) Agriculture - products: sugarcane, rice, yams, vegetables, bananas; fish Industries: sugar processing, tourism, cotton, salt, copra, clothing, footwear, beverages Industrial production growth rate: NA Electricity - production: 100.3 million kWh (2001) Electricity - consumption: 93.26 million kWh (2001) Electricity - exports: 0 kWh (2001) Electricity - imports: 0 kWh (2001) Oil - production: 0 bbl/day (2001 est.) ”