General Government Net Lending/Borrowing for St. Kitts and Nevis
SKNGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.98
Year-over-Year Change
-265.92%
Date Range
1/1/1980 - 1/1/2030
Summary
The General Government Net Lending/Borrowing for St. Kitts and Nevis measures the difference between government revenue and expenditure as a percentage of GDP. This key fiscal indicator provides insight into the government's budgetary position and economic stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents the overall balance of payments between the government and the rest of the economy. It is a critical measure of fiscal policy and financial sustainability that is closely monitored by policymakers, investors, and international institutions.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on government budget reports and national accounts.
Historical Context
Governments use this metric to evaluate the effectiveness of fiscal policy and make informed decisions about taxation, spending, and borrowing.
Key Facts
- St. Kitts and Nevis is a small island country in the Caribbean.
- The government's fiscal position is a key driver of economic growth and stability.
- Negative values indicate a budget deficit, while positive values indicate a surplus.
FAQs
Q: What does this economic trend measure?
A: The General Government Net Lending/Borrowing for St. Kitts and Nevis measures the difference between the government's total revenue and total expenditure, expressed as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the government's fiscal policy and its impact on the overall economy. It provides insight into the sustainability of the government's budgetary position and its ability to finance public services and investments.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on information from government budget reports and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and international institutions use this metric to assess the government's fiscal stance, make informed decisions about taxation and spending, and evaluate the broader economic implications of the government's budgetary position.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and there may be revisions to historical figures as more complete information becomes available.
Related Trends
Number of Identified Exporters to Saint Kitts and Nevis from California
CAKNAA475SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Florida
FLKNAA475SCEN
Value of Exports to Saint Kitts and Nevis from Georgia
GAKNAA052SCEN
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for St. Kitts and Nevis
SKNFCSODCHXDC
Value of Exports to Saint Kitts and Nevis from Hawaii
HIKNAA052SCEN
Purchasing Power Parity, Share of World for St. Kitts and Nevis
SKNPPPSH
Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for St. Kitts and Nevis (SKNGGXCNLGDP), retrieved from FRED.