Saint Kitts and Nevis vs Sub-Saharan Africa (excluding high income): Domestic credit to private sector by banks

Saint Kitts and Nevis
65.0%
in 2025
Sub-Saharan Africa (excluding high income)
24.7%
in 2023
Saint Kitts and Nevis rank
45th
Sub-Saharan Africa (excluding high income) rank
42nd

Domestic credit to private sector by banks over time

  • Saint Kitts and Nevis
  • Sub-Saharan Africa (excluding high income)
0204060196319942025

How they compare

Saint Kitts and Nevis currently reports 65.0% against 24.7% in Sub-Saharan Africa (excluding high income), a difference of 40.3%.

That makes Saint Kitts and Nevis's figure about 2.6 times Sub-Saharan Africa (excluding high income)'s.

Across all 44 years both countries report, Saint Kitts and Nevis has been ahead every year.

Saint Kitts and Nevis ranks 45th and Sub-Saharan Africa (excluding high income) ranks 42nd of 187 countries.

Saint Kitts and Nevis has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Saint Kitts and Nevis Sub-Saharan Africa (excluding high income) Difference Ahead
1970s 27.2% 21.0% 6.2% Saint Kitts and Nevis
1980s 33.1% 21.1% 11.9% Saint Kitts and Nevis
1990s 51.2% 25.4% 25.8% Saint Kitts and Nevis
2000s 54.9% 27.9% 27.0% Saint Kitts and Nevis
2010s 53.8% 26.4% 27.3% Saint Kitts and Nevis
2020s 63.6% 23.5% 40.1% Saint Kitts and Nevis

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Saint Kitts and Nevis or Sub-Saharan Africa (excluding high income)?
Saint Kitts and Nevis, at 65.0% against 24.7% in Sub-Saharan Africa (excluding high income) as of 2025.
What is the difference in domestic credit to private sector by banks between Saint Kitts and Nevis and Sub-Saharan Africa (excluding high income)?
40.3%, with Saint Kitts and Nevis ahead.
How many years of comparable data are there for Saint Kitts and Nevis and Sub-Saharan Africa (excluding high income)?
44 years are reported by both, from 1979 to 2023.
How do Saint Kitts and Nevis and Sub-Saharan Africa (excluding high income) rank globally for domestic credit to private sector by banks?
Saint Kitts and Nevis ranks 45th and Sub-Saharan Africa (excluding high income) ranks 42nd of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Saint Kitts and Nevis vs Sub-Saharan Africa (excluding high income): Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/st-kitts-and-nevis/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.