圣基茨和尼维斯：国民账户统计团技术援助报告（2025年9月22日至10月1日）

ST. KITTS AND NEVIS Report on National Accounts StatisticsMission Review of Gross DomesticProduct Sources and Methods JANUARY 2026 PREPARED BY Authoring Department:IMFStatisticsDepartment The contents of this document constitute technical advice provided by the staff of the International MonetaryFund to the authorities of theStatistics DivisionofSt. Kitts and Nevis(the "CD recipient") in response to theirrequest for technical assistance. Unless the CD recipient specifically objects to such disclosure, thisdocument (in whole or in part) or summaries thereof may be disclosed by the IMF to the IMF ExecutiveDirectorforSt. Kitts and Nevis,to other IMF Executive Directors and members oftheir staff, as well as toother agencies or instrumentalities of the CD recipient, and upon their request, to World Bank staff, and The analysis and policy considerations expressed in this publication are those of the IMF Statistics International Monetary Fund,IMF PublicationsP.O. Box 92780, Washington, DC 20090, U.S.A.T. +(1) 202.623.7430•F. +(1) 202.623.7201publications@IMF.orgIMF.org/pubs Acknowledgments DEVELOPMENT PARTNERS Summary of Mission Outcomes and Priority 1.In response to a request from the Statistics Division of St. Kitts and Nevis (SD), a technicalassistance (TA) mission took place from September 22–October 1, 2025, to support the rebasing 2.The mission focused on the following aspects: review the sources and methods andintroduce improvements in the estimation of value added (VA)by industry; review and provide 3.Further capacity building is required to produce updated GDP estimates. Recent CARTACmissions reviewed methods for compiling supply and use tables (SUT), experimented withquarterly GDP estimates (QGDP), and updated some processes. The existing 2006-base estimates 4.Precisely determining how previously publishedvalue-addedestimates were compiled is achallenge. Given the length of time between reviewing these sources and methods, the underlyingworksheets to compile VA by industry have become difficult to interpret.There exists use of 5.Additional analysis of the Visitor Expenditure Survey is required. The 2016 Visitor Expenditure Survey (VES) provides information on the percentage of visitor expenditure onaccommodation services and should be an input in the estimation of VA. Analysis during the missionsuggests this percentage is 41, which is significantly less than observed in other Eastern CaribbeanCurrency Union (ECCU) countries. The 2006 base-year estimates used an assumption of 70 percent. 6.The source of personnel emoluments and wages data used in compilation ofgovernmentrequires more information.Sufficient detailed data on public administration, public education and publichealthhaven’tbeen received, due to challenges in accessing the data after anupgradein the accountingsoftware. The mission thereforeprepared a template on how to measure VA and cross referenced this 7.Preliminary construction value added estimateswere compiled.Preliminary 2018 VA figureswere calculated, with imports and local production of construction materials forming the base. Informationfrom the Land and Surveys Department (LSD) suggeststhe preliminaryVA to output ratios align moreclosely with other ECCU countries. Previous estimatesrevealeda higher VA to output ratio than LSD 8.The electronics manufacturing activity should be treated as atollmanufacturer. Revenueinformation from the National Accounts Survey (NAS) and/or the value of exports of certain electronicsproducts has formed the basis of output estimates. However, these companies aretollmanufacturers.Their main source of revenue is the contracting service fee. The output should therefore be equal to this 9.Every effort should be made to collect data from government entities.The missionrecognizes the challenges in collecting data from private companies. Data from government entities,however, should be more readily available.In some cases, sufficient data has not been received since 10.A reasonable timeline to complete thisrebasing exercise should be outlined.It is themission’s opinion that the analysis and follow-up required to complete this is relatively high (comparedwith other ECCU countries). Assuming the SD follows up with the recommendations in this report, an To support progress in the above work areas, the mission proposed the following priority Contents Acknowledgments......................................................................................................................................3Summary of Mission Outcomes and Priority Recommendations..........................................................4Contents …………………………………………………………………………………………………………..…6Acronyms …………………………………………………………………………..……………………………….7Detailed Technical Assessment and Recommendations.......................................................................8Introduction...................................................................................................