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）（英）2026

TECHNICAL ASSISTANCEREPORT ST. KITTS AND NEVIS Report on National Accounts StatisticsMission Review of Gross DomesticProduct Sources and Methods(September 22-October 1, 2025) JANUARY 2026 PREPARED BYRodger Sceviour 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, andother technical assistance providers and donors with legitimate interest including members of the Steering ofCARTAC (seeStaff Operational Guidance on the Dissemination of Capacity Development Information).Publication or Disclosure of this report (in whole or in part) to parties outside the IMF other than agencies orinstrumentalities of the CD recipient, World Bank staff,other technical assistance providers and donors withlegitimate interest including members of the Steering Committee of CARTAC shall require the explicitconsent of the CD recipient and the IMF’s Statistics department. The analysis and policy considerations expressed in this publication are those of the IMF StatisticsDepartment. Acknowledgments MEMBERS Summary of Mission Outcomes and PriorityRecommendations 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 rebasingof Gross Domestic Product (GDP). 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 providerecommendations on modifying the production system to improve its user-friendliness and overall ease ofuse; and outline the next steps to improve the National Accounts Statistics program of St. Kitts and Nevis. 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 estimateswere developed with ECCB and CARTAC support. Several issues remain unresolved, and moreassistance is needed to finish the GDP rebasing. 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 ofhardcodes, time varying methodologies, growth rate targetingfor varying data sources, etc. For thelargest activities, the mission assisted with developing preliminary rebased estimates using existing datasources and internationally accepted recommendations. 5.Additional analysis of the Visitor Expenditure Survey is required. The 2016 VisitorExpenditure 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.Updatingfrom 70 to 41 percent will causea substantial negative revision to the level of VAforaccommodation services (which may be offset with positive revisions in food and beverage services,other activities). As a placeholder, the estimate from the Saint Lucia Tourism Satellite Account (TSA) waschosen, which is 57 percent, and like other ECCU countries. Additional analysis of the VES is required toobtain an estimate for St. Kitts and Nevis. 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 thiswith detailspublicly availableinbudget documents from the Ministry of Finance (MoF).The payments ofpensions to current retirees should be excluded in the VA calculations. The pension contributions tocurrent employees (whichshould be included in the VA calculation)could not be identifiedin the budgetdocuments. The SD will therefore need to follow-up with the MoF to obtain this information. 7.Preliminary construction value added estimateswere compiled.Preliminary 2018 VA