St. Kitts – Nevis – 5th Richest Nation In Caribbean

Basseterre, St. Kitts – Nevis
September 05, 2007 (CUOPM)

The Federation of St. Kitts and Nevis is ranked fifth among the 10 richest independent countries in the Caribbean., a well-known independent and popular Canadian Web site, which derives its information from numerous sources, including United Nations agencies and the United States’ Central Intelligence Agency’s World Factbook, ranked The Bahamas at number one with a US$21,300 per capita Gross Domestic Product (GDP).

Oil-rich Trinidad and Tobago was ranked as the second richest with a GDP of US$19,700, a position which would usually have been held by Barbados, which ranks at number three with a GDP of US$18,200. ranks Antigua and Barbuda is fourth, with a GDP of US$10,900. St. Kitts and Nevis, fifth with a GDP of US$8,200;  Dominican Republic, sixth with a GDP of US$8,000; St. Lucia,  seventh, with a GDP of US$4,800; Jamaica, eight, with  GDP of US$4,600; Cuba, ninth with  GDP of US$3,900  and Grenada, 10th with a GDP of US$3,900.In April, the Washington-based International Monetary Fund says St. Kitts and Nevis will be among the best performers in 2007.

The IMF forecasts that the twin-island Federation is likely to grow six percent in 2007.

In the category of richest countries in the world, Luxembourg came in first with $68,800 per capita. Equatorial Guinea, United Arab Emirates, Norway, Ireland, United States, Andorra, Iceland, Denmark and Austria were in descending order on the list. is an independent, privately operated website based in Montreal, Canada. It is dedicated to promoting wider knowledge of the world’s countries and regions. The website serves as a comprehensive source of continental and world rankings in an increasing number of categories.

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