Summary
The IMF-Caribbean Regional Technical Assistance Centre (CARTAC) conducted a technical assistance mission to St. Kitts and Nevis during September 22–October 1, 2025, at the request of the Statistics Division, to support the rebasing of Gross Domestic Product (GDP) and strengthen national accounts statistics. The mission reviewed data sources and compilation methods for production based GDP, identified methodological issues affecting the consistency and transparency of estimates, and assisted in developing preliminary rebased estimates using available data. Key areas of focus included construction, accommodation services, manufacturing activities, and government services, as well as the treatment of contract manufacturing and under coverage adjustments. The mission also provided guidance on improving the use of the Household Budget Survey, the Visitor Expenditure Survey, administrative data, and on strengthening volume measurement. Priority recommendations were formulated to support completion of the rebasing exercise, enhance documentation of sources and methods, and improve the sustainability and quality of St. Kitts and Nevis’s national accounts program.
Subject: Economic integration, Expenditure, Fiscal governance, Fiscal policy, Labor, Monetary unions, National accounts, Pensions
Keywords: Capacity development., Fiscal governance, GDP rebasing, Gross domestic product, Monetary unions, National accounts, Pensions, Production based GDP, Supply and use tables
Download PDF
More Formats on IMF eLibrary
Order a Print Copy
