This two-island economy is mainly driven by tourism, agriculture and light manufacturing industries. Despite the historical dependence of sugar, the country managed to diversify its economy out of it, to the extreme of closing the sugar state-owned enterprise in 2005. Saint Kitts and Nevis has developed its tourism sector to the point that now is its biggest foreign exchange income. Services represent more than half of GDP. It has also been successful at growing the apparel assembly industry jointly with the electronics assembly industry.
Based on the ITC 2014-2018 Strategic Approach to the Caribbean Region, ITC will focus on implementing at regional level the recommendations of strategies recently developed by CARICOM for the cultural industries and professional services sectors.