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Macro - Country Economic Forecasts - St. Kitts and Nevis

Publisher Oxford Economics
Published Nov 18, 2024
Length 1 Pages
SKU # OFE19339369

Description

Macro - Country Economic Forecasts - St. Kitts and Nevis



We forecast GDP growth for St Kitts and Nevis of 3.6% this year and expect a solid 3.2% expansion in 2025. We think growth will stay robust over the medium term due to recovering tourism receipts, high investment, and ongoing Citizenship-by-Investment revenues. Subsiding global inflation and falling oil prices have resulted in significant relief for the economy. But natural disasters and an energy price shock triggered by political instability are downside risks to activity.

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1 Pages
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