Global Tenders Saint Kitts and Nevis

About Saint Kitts and Nevis's economy

Saint Kitts and Nevis boasts a vibrant economy, heavily reliant on tourism. With a GDP of around $860 million USD and GDP per capita exceeding $18,000 USD, it stands as the highest within the Eastern Caribbean Currency Union (ECCU). Tourism contributes significantly to its global trade, generating exports worth $150 million USD, while imports reach $550 million USD. Government procurement, facilitated by tourism revenue and international aid, plays a vital role in driving infrastructure development and social welfare programs. Despite its success, the economy faces challenges in diversifying beyond tourism and fostering sustainable growth.

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