Domestic credit to private sector in Saint Kitts and Nevis
Saint Kitts and Nevis: Domestic credit to private sector was 55.4% in 2020. ▲ Rising
Domestic credit to private sector in Saint Kitts and Nevis, 1979–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Saint Kitts and Nevis stood at 55.4%.
That represents a change of up 20.1% on the previous year and down 8.0% over ten years.
Over the whole period, domestic credit to private sector in Saint Kitts and Nevis peaked at 60.2% in 2010 and was at its lowest, 27.2%, in 1979.
Saint Kitts and Nevis ranks 77th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Domestic credit to private sector in Saint Kitts and Nevis, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 27.2% | — |
| 1980 | 28.5% | +4.9% |
| 1981 | 30.9% | +8.1% |
| 1982 | 32.6% | +5.6% |
| 1983 | 36.2% | +10.9% |
| 1984 | 30.4% | -15.8% |
| 1985 | 31.6% | +3.8% |
| 1986 | 29.1% | -7.9% |
| 1987 | 31.8% | +9.2% |
| 1988 | 36.5% | +14.8% |
| 1989 | 43.1% | +18.1% |
| 1990 | 39.5% | -8.3% |
| 1991 | 44.1% | +11.6% |
| 1992 | 51.1% | +16.0% |
| 1993 | 52.8% | +3.2% |
| 1994 | 52.2% | -1.0% |
| 1995 | 52.1% | -0.3% |
| 1996 | 51.6% | -1.0% |
| 1997 | 51.6% | +0.0% |
| 1998 | 54.5% | +5.7% |
| 1999 | 55.6% | +2.0% |
| 2000 | 59.8% | +7.5% |
| 2001 | 54.6% | -8.7% |
| 2002 | 50.8% | -7.0% |
| 2003 | 54.2% | +6.8% |
| 2004 | 54.7% | +0.8% |
| 2005 | 54.5% | -0.4% |
| 2006 | 51.7% | -5.1% |
| 2007 | 54.7% | +5.9% |
| 2008 | 55.1% | +0.6% |
| 2009 | 58.8% | +6.8% |
| 2010 | 60.2% | +2.3% |
| 2011 | 58.4% | -3.0% |
| 2012 | 59.1% | +1.1% |
| 2013 | 55.3% | -6.4% |
| 2014 | 52.3% | -5.5% |
| 2015 | 53.8% | +3.0% |
| 2016 | 51.4% | -4.6% |
| 2017 | 49.1% | -4.4% |
| 2018 | 49.1% | -0.0% |
| 2019 | 46.1% | -6.0% |
| 2020 | 55.4% | +20.1% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 55.4% is below the median for high income countries, which is 82.3%, 67% of the median. (61 countries reporting)
- Saint Kitts and Nevis's 55.4% is above the median for Latin America & Caribbean, which is 54.3%, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.2% | 27.2% | 27.2% | 1 |
| 1980s | 33.1% | 28.5% | 43.1% | 10 |
| 1990s | 50.5% | 39.5% | 55.6% | 10 |
| 2000s | 54.9% | 50.8% | 59.8% | 10 |
| 2010s | 53.5% | 46.1% | 60.2% | 10 |
| 2020s | 55.4% | 55.4% | 55.4% | 1 |
Countries ranked near Saint Kitts and Nevis
- 74 Bosnia and Herzegovina 58.5% compare
- 75 North Macedonia 56.9% compare
- 76 Jamaica 56.3% compare
- 78 Antigua and Barbuda 55.4% compare
- 79 Peru 55.2% compare
- 80 India 54.7% compare
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 domestic credit to private sector in Saint Kitts and Nevis?
- Domestic credit to private sector in Saint Kitts and Nevis was 55.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Saint Kitts and Nevis?
- The highest recorded value was 60.2% in 2010.
- What is the lowest domestic credit to private sector recorded in Saint Kitts and Nevis?
- The lowest recorded value was 27.2% in 1979.
- How does Saint Kitts and Nevis rank for domestic credit to private sector?
- Saint Kitts and Nevis ranks 77th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.