Domestic credit to private sector by banks in Saint Lucia
Saint Lucia: Domestic credit to private sector by banks was 51.7% in 2025. ▲ Rising
Domestic credit to private sector by banks in Saint Lucia, 1980–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Saint Lucia recorded 51.7% for domestic credit to private sector by banks in 2025.
The figure is up 4.3% on the previous year and down 27.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Saint Lucia peaked at 93.5% in 2009 and was at its lowest, 30.1%, in 1986.
That places Saint Lucia 71st out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Domestic credit to private sector by banks in Saint Lucia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 35.5% | — |
| 1981 | 35.2% | -0.9% |
| 1982 | 39.8% | +12.9% |
| 1983 | 39.1% | -1.7% |
| 1984 | 35.1% | -10.3% |
| 1985 | 32.9% | -6.3% |
| 1986 | 30.1% | -8.4% |
| 1987 | 30.8% | +2.4% |
| 1988 | 34.6% | +12.3% |
| 1989 | 39.5% | +14.2% |
| 1990 | 37.0% | -6.5% |
| 1991 | 37.6% | +1.8% |
| 1992 | 37.4% | -0.7% |
| 1993 | 43.6% | +16.7% |
| 1994 | 44.7% | +2.4% |
| 1995 | 45.9% | +2.9% |
| 1996 | 50.3% | +9.5% |
| 1997 | 53.9% | +7.1% |
| 1998 | 53.1% | -1.4% |
| 1999 | 56.0% | +5.5% |
| 2000 | 58.8% | +5.1% |
| 2001 | 64.0% | +8.7% |
| 2002 | 63.9% | -0.1% |
| 2003 | 56.2% | -12.1% |
| 2004 | 57.3% | +2.0% |
| 2005 | 62.5% | +9.1% |
| 2006 | 69.7% | +11.5% |
| 2007 | 85.7% | +22.9% |
| 2008 | 88.9% | +3.7% |
| 2009 | 93.5% | +5.2% |
| 2010 | 90.9% | -2.8% |
| 2011 | 88.2% | -3.0% |
| 2012 | 92.8% | +5.3% |
| 2013 | 89.4% | -3.7% |
| 2014 | 79.4% | -11.2% |
| 2015 | 70.9% | -10.7% |
| 2016 | 64.0% | -9.7% |
| 2017 | 58.9% | -8.1% |
| 2018 | 55.9% | -5.0% |
| 2019 | 54.1% | -3.2% |
| 2020 | 77.4% | +43.2% |
| 2021 | 62.9% | -18.8% |
| 2022 | 51.6% | -18.0% |
| 2023 | 50.4% | -2.3% |
| 2024 | 49.6% | -1.5% |
| 2025 | 51.7% | +4.3% |
Saint Lucia compared with similar countries
- Saint Lucia's 51.7% is above the median for upper middle income countries, which is 39.8%, 1.3× the median. (55 countries reporting)
- Saint Lucia's 51.7% is above the median for Latin America & Caribbean, which is 42.9%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.3% | 30.1% | 39.8% | 10 |
| 1990s | 45.9% | 37.0% | 56.0% | 10 |
| 2000s | 70.1% | 56.2% | 93.5% | 10 |
| 2010s | 74.4% | 54.1% | 92.8% | 10 |
| 2020s | 57.3% | 49.6% | 77.4% | 6 |
Countries ranked near Saint Lucia
- 68 North Macedonia 53.3% compare
- 69 Philippines 52.1% compare
- 70 Bolivia, Plurinational State of 51.8% compare
- 72 Montenegro 50.9% compare
- 73 Trinidad and Tobago 50.3% compare
- 74 Costa Rica 50.0% compare
More financial sector data for Saint Lucia
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 11.64 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.5 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 11.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Saint Lucia?
- Domestic credit to private sector by banks in Saint Lucia was 51.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Saint Lucia?
- The highest recorded value was 93.5% in 2009.
- What is the lowest domestic credit to private sector by banks recorded in Saint Lucia?
- The lowest recorded value was 30.1% in 1986.
- How does Saint Lucia rank for domestic credit to private sector by banks?
- Saint Lucia ranks 71st out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Saint Lucia?
- Over the last ten years it is down 27.0%. The long-run trend across the full record is rising.
- Where does this Saint Lucia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.