Bank credit to bank deposits in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Bank credit to bank deposits was 66.9% in 2021. ▲ Rising
Bank credit to bank deposits in Saint Vincent and the Grenadines, 1975–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Saint Vincent and the Grenadines stood at 66.9%.
The figure is down 10.4% on the previous year and down 16.3% over ten years.
Over the whole period, bank credit to bank deposits in Saint Vincent and the Grenadines peaked at 84.0% in 1981 and was at its lowest, 55.5%, in 1990.
Saint Vincent and the Grenadines ranks 116th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Bank credit to bank deposits in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 67.4% | — |
| 1976 | 57.4% | -14.8% |
| 1977 | 69.2% | +20.7% |
| 1978 | 71.5% | +3.3% |
| 1979 | 65.1% | -9.0% |
| 1980 | 77.1% | +18.4% |
| 1981 | 84.0% | +9.0% |
| 1982 | 71.5% | -14.9% |
| 1983 | 73.9% | +3.5% |
| 1984 | 71.1% | -3.8% |
| 1985 | 65.4% | -8.0% |
| 1986 | 58.3% | -10.9% |
| 1987 | 60.0% | +2.9% |
| 1988 | 56.5% | -5.7% |
| 1989 | 60.5% | +7.1% |
| 1990 | 55.5% | -8.3% |
| 1991 | 63.0% | +13.5% |
| 1992 | 64.8% | +2.9% |
| 1993 | 60.2% | -7.1% |
| 1994 | 60.7% | +0.8% |
| 1995 | 69.1% | +13.9% |
| 1996 | 73.9% | +7.0% |
| 1997 | 74.3% | +0.6% |
| 1998 | 71.2% | -4.1% |
| 1999 | 72.3% | +1.5% |
| 2000 | 74.2% | +2.5% |
| 2001 | 71.9% | -3.0% |
| 2002 | 72.0% | +0.1% |
| 2003 | 71.0% | -1.4% |
| 2004 | 68.7% | -3.1% |
| 2005 | 70.2% | +2.2% |
| 2006 | 76.8% | +9.4% |
| 2007 | 82.0% | +6.8% |
| 2008 | 80.3% | -2.2% |
| 2009 | 82.4% | +2.7% |
| 2010 | 80.7% | -2.1% |
| 2011 | 79.8% | -1.1% |
| 2012 | 79.5% | -0.4% |
| 2013 | 75.5% | -5.1% |
| 2014 | 69.4% | -8.1% |
| 2015 | 68.6% | -1.1% |
| 2016 | 68.9% | +0.4% |
| 2017 | 68.6% | -0.5% |
| 2018 | 67.9% | -0.9% |
| 2019 | 65.9% | -3.0% |
| 2020 | 74.6% | +13.3% |
| 2021 | 66.9% | -10.4% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 66.9% is below the median for upper middle income countries, which is 79.3%, 84% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 66.9% is below the median for Latin America & Caribbean, which is 76.2%, 88% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.1% | 57.4% | 71.5% | 5 |
| 1980s | 67.8% | 56.5% | 84.0% | 10 |
| 1990s | 66.5% | 55.5% | 74.3% | 10 |
| 2000s | 74.9% | 68.7% | 82.4% | 10 |
| 2010s | 72.5% | 65.9% | 80.7% | 10 |
| 2020s | 70.7% | 66.9% | 74.6% | 2 |
Countries ranked near Saint Vincent and the Grenadines
More financial sector data for Saint Vincent and the Grenadines
- 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.85 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5 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 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.85 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 Vincent and the Grenadines?
- Bank credit to bank deposits in Saint Vincent and the Grenadines was 66.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 84.0% in 1981.
- What is the lowest bank credit to bank deposits recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 55.5% in 1990.
- How does Saint Vincent and the Grenadines rank for bank credit to bank deposits?
- Saint Vincent and the Grenadines ranks 116th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).