Domestic credit to private sector by banks in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Domestic credit to private sector by banks was 36.6% in 2025. ▲ Rising
Domestic credit to private sector by banks in Saint Vincent and the Grenadines, 1975–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Saint Vincent and the Grenadines stood at 36.6%.
Compared with earlier readings it is down 0.3% on the previous year and down 26.1% over ten years.
Over the whole period, domestic credit to private sector by banks in Saint Vincent and the Grenadines peaked at 51.7% in 1999 and was at its lowest, 24.9%, in 1986.
That places Saint Vincent and the Grenadines 98th 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 51 years of available data.
Domestic credit to private sector by banks in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 36.5% | — |
| 1976 | 31.0% | -15.2% |
| 1977 | 26.9% | -13.1% |
| 1978 | 29.2% | +8.5% |
| 1979 | 28.3% | -3.1% |
| 1980 | 30.6% | +8.1% |
| 1981 | 31.9% | +4.2% |
| 1982 | 27.3% | -14.3% |
| 1983 | 29.6% | +8.1% |
| 1984 | 25.0% | -15.3% |
| 1985 | 27.3% | +9.1% |
| 1986 | 24.9% | -8.8% |
| 1987 | 27.9% | +11.9% |
| 1988 | 29.4% | +5.6% |
| 1989 | 32.7% | +11.3% |
| 1990 | 31.5% | -3.8% |
| 1991 | 34.7% | +10.2% |
| 1992 | 34.4% | -0.7% |
| 1993 | 34.4% | -0.1% |
| 1994 | 36.5% | +6.0% |
| 1995 | 40.7% | +11.5% |
| 1996 | 44.6% | +9.6% |
| 1997 | 47.6% | +6.9% |
| 1998 | 48.2% | +1.3% |
| 1999 | 51.7% | +7.3% |
| 2000 | 51.2% | -0.9% |
| 2001 | 48.5% | -5.3% |
| 2002 | 48.1% | -0.9% |
| 2003 | 46.4% | -3.6% |
| 2004 | 43.3% | -6.6% |
| 2005 | 43.3% | -0.0% |
| 2006 | 44.6% | +3.0% |
| 2007 | 46.3% | +3.7% |
| 2008 | 46.4% | +0.3% |
| 2009 | 48.6% | +4.6% |
| 2010 | 49.0% | +0.9% |
| 2011 | 50.2% | +2.4% |
| 2012 | 51.5% | +2.6% |
| 2013 | 49.8% | -3.4% |
| 2014 | 49.3% | -1.0% |
| 2015 | 49.5% | +0.4% |
| 2016 | 48.1% | -2.8% |
| 2017 | 46.7% | -2.8% |
| 2018 | 44.4% | -4.9% |
| 2019 | 43.6% | -1.8% |
| 2020 | 47.5% | +9.0% |
| 2021 | 46.2% | -2.7% |
| 2022 | 41.2% | -10.9% |
| 2023 | 39.7% | -3.6% |
| 2024 | 36.7% | -7.7% |
| 2025 | 36.6% | -0.3% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 36.6% is below the median for upper middle income countries, which is 39.8%, 92% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 36.6% is below the median for Latin America & Caribbean, which is 42.9%, 85% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.4% | 26.9% | 36.5% | 5 |
| 1980s | 28.7% | 24.9% | 32.7% | 10 |
| 1990s | 40.4% | 31.5% | 51.7% | 10 |
| 2000s | 46.7% | 43.3% | 51.2% | 10 |
| 2010s | 48.2% | 43.6% | 51.5% | 10 |
| 2020s | 41.3% | 36.6% | 47.5% | 6 |
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 domestic credit to private sector by banks in Saint Vincent and the Grenadines?
- Domestic credit to private sector by banks in Saint Vincent and the Grenadines was 36.6% 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 Vincent and the Grenadines?
- The highest recorded value was 51.7% in 1999.
- What is the lowest domestic credit to private sector by banks recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 24.9% in 1986.
- How does Saint Vincent and the Grenadines rank for domestic credit to private sector by banks?
- Saint Vincent and the Grenadines ranks 98th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 26.1%. 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 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.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.