World Bank: SKN Remains High-Income Nation

St. Kitts and Nevis has retained its status as a high-income economy in the World Bank’s latest annual income classification.

The Federation remains in the World Bank’s highest income category, alongside Antigua And Barbuda, the Bahamas, Barbados, Guyana and Trinidad & Tobago.

High income economies record a Gross National Income of US$14,375 or more.

The classifications are based on 2025 Gross National Income per capita, measured in U.S. Dollars using the World Bank’s atlas methodology.

The methodology smooths exchange rate fluctuations to reduce the impact of short-term volatility, while the income thresholds are updated each year to account for inflation.

The report also notes that changes in economic growth, population growth, national accounting methods and data revisions can affect a country’s classification.

Jamaica remains in the upper-middle-income category, while the World Bank said none of the economies assessed this year moved down an income group.

 

 

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