St. Kitts and Nevis Inflation Rate 1980-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- St. Kitts and Nevis inflation rate for 2023 was 3.56%, a 0.89% increase from 2022.
- St. Kitts and Nevis inflation rate for 2022 was 2.67%, a 1.47% increase from 2021.
- St. Kitts and Nevis inflation rate for 2021 was 1.20%, a 2.36% increase from 2020.
- St. Kitts and Nevis inflation rate for 2020 was -1.17%, a 0.84% decline from 2019.
| St. Kitts and Nevis Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
3.56% |
0.89% |
| 2022 |
2.67% |
1.47% |
| 2021 |
1.20% |
2.36% |
| 2020 |
-1.17% |
-0.84% |
| 2019 |
-0.33% |
0.71% |
| 2018 |
-1.04% |
-1.73% |
| 2017 |
0.69% |
1.38% |
| 2016 |
-0.69% |
1.61% |
| 2015 |
-2.30% |
-2.55% |
| 2014 |
0.25% |
-0.86% |
| 2013 |
1.11% |
0.29% |
| 2012 |
0.82% |
-5.02% |
| 2011 |
5.84% |
4.98% |
| 2010 |
0.85% |
-1.21% |
| 2009 |
2.06% |
-3.24% |
| 2008 |
5.30% |
0.82% |
| 2007 |
4.48% |
-4.01% |
| 2006 |
8.49% |
5.11% |
| 2005 |
3.38% |
1.06% |
| 2004 |
2.31% |
0.08% |
| 2003 |
2.24% |
0.19% |
| 2002 |
2.04% |
-0.26% |
| 2001 |
2.30% |
0.15% |
| 2000 |
2.15% |
-1.21% |
| 1999 |
3.36% |
-0.08% |
| 1998 |
3.45% |
-5.46% |
| 1997 |
8.91% |
6.82% |
| 1996 |
2.09% |
-0.87% |
| 1995 |
2.96% |
1.51% |
| 1994 |
1.44% |
-0.35% |
| 1993 |
1.79% |
-1.06% |
| 1992 |
2.86% |
-1.47% |
| 1991 |
4.32% |
0.31% |
| 1990 |
4.01% |
-1.16% |
| 1989 |
5.17% |
4.94% |
| 1988 |
0.23% |
-0.73% |
| 1987 |
0.96% |
0.97% |
| 1986 |
-0.01% |
-2.63% |
| 1985 |
2.62% |
-0.10% |
| 1984 |
2.71% |
0.42% |
| 1983 |
2.29% |
-3.64% |
| 1982 |
5.93% |
-4.55% |
| 1981 |
10.48% |
-7.26% |
| 1980 |
17.74% |
-7.26% |
