Bank credit to bank deposits in Saint Kitts and Nevis
Saint Kitts and Nevis: Bank credit to bank deposits was 56.7% in 2021. ▼ Falling
Bank credit to bank deposits in Saint Kitts and Nevis, 1979–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Saint Kitts and Nevis stood at 56.7%.
That represents a change of down 1.5% on the previous year and up 7.5% over ten years.
Over the whole period, bank credit to bank deposits in Saint Kitts and Nevis peaked at 80.3% in 1994 and was at its lowest, 38.8%, in 2015.
That places Saint Kitts and Nevis 145th out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 43 years of available data.
Bank credit to bank deposits in Saint Kitts and Nevis, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 50.6% | — |
| 1980 | 54.6% | +8.0% |
| 1981 | 63.3% | +15.9% |
| 1982 | 63.2% | -0.2% |
| 1983 | 61.0% | -3.5% |
| 1984 | 57.6% | -5.6% |
| 1985 | 51.3% | -10.9% |
| 1986 | 46.6% | -9.1% |
| 1987 | 62.3% | +33.7% |
| 1988 | 66.7% | +7.0% |
| 1989 | 71.6% | +7.5% |
| 1990 | 66.6% | -7.0% |
| 1991 | 70.4% | +5.7% |
| 1992 | 75.7% | +7.4% |
| 1993 | 77.5% | +2.4% |
| 1994 | 80.3% | +3.7% |
| 1995 | 72.6% | -9.6% |
| 1996 | 72.9% | +0.3% |
| 1997 | 72.9% | +0.0% |
| 1998 | 70.5% | -3.3% |
| 1999 | 72.0% | +2.1% |
| 2000 | 64.0% | -11.1% |
| 2001 | 60.2% | -5.9% |
| 2002 | 55.6% | -7.6% |
| 2003 | 53.3% | -4.2% |
| 2004 | 49.4% | -7.4% |
| 2005 | 49.8% | +0.8% |
| 2006 | 48.5% | -2.5% |
| 2007 | 49.3% | +1.6% |
| 2008 | 56.2% | +14.0% |
| 2009 | 57.2% | +1.6% |
| 2010 | 55.7% | -2.5% |
| 2011 | 52.7% | -5.3% |
| 2012 | 46.9% | -11.0% |
| 2013 | 42.1% | -10.3% |
| 2014 | 39.3% | -6.8% |
| 2015 | 38.8% | -1.2% |
| 2016 | 39.3% | +1.2% |
| 2017 | 40.7% | +3.7% |
| 2018 | 42.7% | +4.8% |
| 2019 | 51.7% | +21.2% |
| 2020 | 57.5% | +11.3% |
| 2021 | 56.7% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.6% | 50.6% | 50.6% | 1 |
| 1980s | 59.8% | 46.6% | 71.6% | 10 |
| 1990s | 73.1% | 66.6% | 80.3% | 10 |
| 2000s | 54.4% | 48.5% | 64.0% | 10 |
| 2010s | 45.0% | 38.8% | 55.7% | 10 |
| 2020s | 57.1% | 56.7% | 57.5% | 2 |
Countries ranked near Saint Kitts and Nevis
More financial sector data for Saint Kitts and Nevis
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 28.67 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 20.93 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 28.67 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 Saint Kitts and Nevis?
- Bank credit to bank deposits in Saint Kitts and Nevis was 56.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Saint Kitts and Nevis?
- The highest recorded value was 80.3% in 1994.
- What is the lowest bank credit to bank deposits recorded in Saint Kitts and Nevis?
- The lowest recorded value was 38.8% in 2015.
- How does Saint Kitts and Nevis rank for bank credit to bank deposits?
- Saint Kitts and Nevis ranks 145th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is falling.
- Where does this Saint Kitts and Nevis 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).