Construction Activity To Support Steady Growth In Saint Kitts And Nevis

• Solid activity in the tourism and construction industries will drive a moderate pick-up in real GDP growth in Saint Kitts and Nevis (SKN) over the coming quarters.
• Fitch Solutions forecast real GDP growth of 2.9% y-o-y and 2.7% in 2020 and 2021, respectively, following an estimated expansion of 2.5% in 2019.
• The potential for slower than expected growth in the US poses downside risks to economic activity in SKN, given that it is the tourism industry’s largest source market.

(Source: Fitch)