• ECONOMY

    The economy of St. Kitts & Nevis is characterized by its dominant tourism, agriculture and light manufacturing industries. Historically since the 1640’s, sugar was the primary export. However the government’s efforts to reduce the country’s dependence on sugar has led to economic diversification.

    Agriculture, tourism, export-oriented manufacturing and offshore-banking sectors are now playing a larger role in the country's economy. The country has also developed a successful apparel assembly industry and one of the largest electronics assembly industries in the Caribbean.

    The St. Kitts & Nevis economy is still primarily driven by tourism - a sector that has witnessed incredible growth since 1978.  Data shows a progressive increase in the number of tourists visiting the island nation, year after year. Stay-over visitor arrivals have increased by approximately 50 per cent since 2003 from 90,000 to the approximately 135,000 arrivals in 2006. Cruise arrivals passed the 300,000 mark in 2008. The expected number of visitors to St. Kitts & Nevis by the end of 2012 is approximately 350,000.  

    Home to two renowned international hotels, the Marriott St. Kitts and Four Seasons Nevis, St. Kitts & Nevis not only offers tourists a perfect holiday destination, but also provides developers the chance to further enhance the island and benefit from its accessible location and growing tourism market.