Bank credit to bank deposits in Dominica
Dominica: Bank credit to bank deposits was 56.5% in 2021. ▼ Falling
Bank credit to bank deposits in Dominica, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Dominica stood at 56.5%.
That represents a change of up 1.6% on the previous year and down 18.4% over ten years.
Over the whole period, bank credit to bank deposits in Dominica peaked at 90.8% in 1994 and was at its lowest, 41.7%, in 2018.
Dominica ranks 146th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Bank credit to bank deposits in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 64.1% | — |
| 1978 | 70.2% | +9.6% |
| 1979 | 52.3% | -25.5% |
| 1980 | 69.1% | +32.2% |
| 1981 | 82.3% | +19.0% |
| 1982 | 75.3% | -8.5% |
| 1983 | 79.6% | +5.8% |
| 1984 | 73.7% | -7.5% |
| 1985 | 75.1% | +1.9% |
| 1986 | 61.3% | -18.4% |
| 1987 | 55.0% | -10.2% |
| 1988 | 68.8% | +25.0% |
| 1989 | 82.3% | +19.7% |
| 1990 | 85.4% | +3.8% |
| 1991 | 83.6% | -2.2% |
| 1992 | 81.6% | -2.4% |
| 1993 | 89.7% | +9.9% |
| 1994 | 90.8% | +1.3% |
| 1995 | 83.1% | -8.5% |
| 1996 | 80.8% | -2.7% |
| 1997 | 82.7% | +2.4% |
| 1998 | 85.1% | +2.9% |
| 1999 | 80.6% | -5.3% |
| 2000 | 90.5% | +12.3% |
| 2001 | 82.8% | -8.5% |
| 2002 | 74.2% | -10.3% |
| 2003 | 66.0% | -11.1% |
| 2004 | 66.5% | +0.7% |
| 2005 | 66.8% | +0.4% |
| 2006 | 66.9% | +0.2% |
| 2007 | 63.9% | -4.6% |
| 2008 | 65.0% | +1.7% |
| 2009 | 63.0% | -3.1% |
| 2010 | 66.9% | +6.2% |
| 2011 | 69.2% | +3.5% |
| 2012 | 63.8% | -7.9% |
| 2013 | 61.6% | -3.4% |
| 2014 | 57.2% | -7.1% |
| 2015 | 54.8% | -4.2% |
| 2016 | 50.5% | -7.9% |
| 2017 | 42.7% | -15.5% |
| 2018 | 41.7% | -2.2% |
| 2019 | 44.9% | +7.7% |
| 2020 | 55.6% | +23.8% |
| 2021 | 56.5% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 62.2% | 52.3% | 70.2% | 3 |
| 1980s | 72.2% | 55.0% | 82.3% | 10 |
| 1990s | 84.3% | 80.6% | 90.8% | 10 |
| 2000s | 70.6% | 63.0% | 90.5% | 10 |
| 2010s | 55.3% | 41.7% | 69.2% | 10 |
| 2020s | 56.1% | 55.6% | 56.5% | 2 |
Countries ranked near Dominica
- 143 Maldives 57.7% compare
- 144 Greece 57.1% compare
- 145 Saint Kitts and Nevis 56.7% compare
- 147 Nigeria 56.0% compare
- 148 Syrian Arab Republic 55.4% compare
- 149 Palestine, State of 55.4% compare
More financial sector data for Dominica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.188 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1373 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.188 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Dominica?
- Bank credit to bank deposits in Dominica was 56.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Dominica?
- The highest recorded value was 90.8% in 1994.
- What is the lowest bank credit to bank deposits recorded in Dominica?
- The lowest recorded value was 41.7% in 2018.
- How does Dominica rank for bank credit to bank deposits?
- Dominica ranks 146th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Dominica?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is falling.
- Where does this Dominica data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).