The economy of Saint Kitts and Nevis is on track for sustained growth in 2026 and beyond, according to projections shared during the Budget 2026 National Forum. Acting Financial Secretary Mr. Carlton Pogson outlined the nation’s economic outlook at the event held on October 29, 2025, at the St. Kitts Marriott Resort. Pogson emphasized that while the growth rate for 2025 is expected to be modest at 1.1 percent, it signifies a return to pre-pandemic economic stability. This tempered growth reflects the tapering of post-pandemic recovery efforts and sets a solid foundation for future expansion. Inflation has also seen a significant decline, dropping from highs of 2.7 percent in 2022 and 3.6 percent in 2023 to a modest 1.0 percent in 2024 and 0.6 percent as of August 2025. Looking ahead, the medium-term outlook from 2026 to 2030 is more optimistic, with average annual growth projected at 2.5 percent. By the end of the decade, GDP is expected to reach EC$2.7 billion, driven by broad-based growth across all sectors. Key industries such as Agriculture and Fishing, Construction, and Hotels and Restaurants are anticipated to play pivotal roles in this expansion. Despite these positive trends, Pogson cautioned that external factors such as geopolitical tensions, global economic slowdowns, and climate change could pose challenges. Nonetheless, the government remains committed to fostering a resilient and diversified economy, aligned with the Sustainable Island State Agenda (SISA), to enhance the quality of life for all citizens and residents.
Saint Kitts and Nevis poised for steady economic growth in 2026 and beyond
