Credit to government and state-owned enterprises to GDP in Saint Kitts and Nevis

Saint Kitts and Nevis: Credit to government and state-owned enterprises to GDP was 18.5% in 2020. ◆ Volatile

Latest (2020)
18.5%
Change on year
up 12.6%
World rank
51st
of 178 countries
All-time high
61.9%
in 2010
All-time low
11.5%
in 1987
Years of data
41
1980–2020

Credit to government and state-owned enterprises to GDP in Saint Kitts and Nevis, 1980–2020

2040601980200020201980: 16.9 %1981: 21 %1982: 23.9 %1983: 31.2 %1984: 29.3 %1985: 33.5 %1986: 31 %1987: 11.5 %1988: 14.4 %1989: 17.1 %1990: 17.8 %1991: 20.2 %1992: 17.8 %1993: 14.9 %1994: 15.3 %1995: 22.8 %1996: 27.5 %1997: 22.5 %1998: 27.9 %1999: 31.7 %2000: 38.6 %2001: 39.4 %2002: 38.9 %2003: 38.3 %2004: 50.3 %2005: 55.9 %2006: 56.4 %2007: 56.9 %2008: 54.5 %2009: 57.6 %2010: 61.9 %2011: 55.7 %2012: 53.4 %2013: 24.2 %2014: 46.8 %2015: 15 %2016: 14.7 %2017: 15.3 %2018: 15.6 %2019: 16.4 %2020: 18.5 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Saint Kitts and Nevis is 18.5%, measured in 2020.

That represents a change of up 12.6% on the previous year and down 70.1% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Saint Kitts and Nevis peaked at 61.9% in 2010 and was at its lowest, 11.5%, in 1987.

Saint Kitts and Nevis ranks 51st of 178 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Credit to government and state-owned enterprises to GDP in Saint Kitts and Nevis, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Saint Kitts and Nevis, 1980 to 2020.
Year % Change
1980 16.9%
1981 21.0% +24.0%
1982 23.9% +13.9%
1983 31.2% +30.4%
1984 29.3% -6.2%
1985 33.5% +14.4%
1986 31.0% -7.5%
1987 11.5% -63.0%
1988 14.4% +25.3%
1989 17.1% +19.3%
1990 17.8% +4.0%
1991 20.2% +13.3%
1992 17.8% -11.6%
1993 14.9% -16.6%
1994 15.3% +2.8%
1995 22.8% +48.7%
1996 27.5% +20.8%
1997 22.5% -18.0%
1998 27.9% +23.8%
1999 31.7% +13.7%
2000 38.6% +21.7%
2001 39.4% +1.9%
2002 38.9% -1.1%
2003 38.3% -1.5%
2004 50.3% +31.3%
2005 55.9% +11.0%
2006 56.4% +0.9%
2007 56.9% +1.0%
2008 54.5% -4.3%
2009 57.6% +5.7%
2010 61.9% +7.5%
2011 55.7% -10.1%
2012 53.4% -4.1%
2013 24.2% -54.6%
2014 46.8% +93.4%
2015 15.0% -68.0%
2016 14.7% -1.9%
2017 15.3% +4.1%
2018 15.6% +2.2%
2019 16.4% +5.3%
2020 18.5% +12.6%

Saint Kitts and Nevis compared with similar countries

  • Saint Kitts and Nevis's 18.5% is above the median for high income countries, which is 12.5%, 1.5× the median. (61 countries reporting)
  • Saint Kitts and Nevis's 18.5% is above the median for Latin America & Caribbean, which is 9.6%, 1.9× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 23.0% 11.5% 33.5% 10
1990s 21.8% 14.9% 31.7% 10
2000s 48.7% 38.3% 57.6% 10
2010s 31.9% 14.7% 61.9% 10
2020s 18.5% 18.5% 18.5% 1

Countries ranked near Saint Kitts and Nevis

  1. 48 United States of America 19.6% compare
  2. 49 Thailand 19.0% compare
  3. 50 Togo 18.9% compare
  4. 52 Myanmar 18.5% compare
  5. 53 Oman 18.2% compare
  6. 54 Philippines 18.2% compare

See the full ranking of 178 places →

More financial sector data for Saint Kitts and Nevis

All data for Saint Kitts and Nevis →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Saint Kitts and Nevis?
Credit to government and state-owned enterprises to gdp in Saint Kitts and Nevis was 18.5% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Saint Kitts and Nevis?
The highest recorded value was 61.9% in 2010.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Saint Kitts and Nevis?
The lowest recorded value was 11.5% in 1987.
How does Saint Kitts and Nevis rank for credit to government and state-owned enterprises to gdp?
Saint Kitts and Nevis ranks 51st out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Saint Kitts and Nevis?
Over the last ten years it is down 70.1%. The long-run trend across the full record is volatile.
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 Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Saint Kitts and Nevis. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/st-kitts-and-nevis/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).