Domestic credit to private sector in Saint Lucia
Saint Lucia: Domestic credit to private sector was 72.9% in 2020. ▲ Rising
Domestic credit to private sector in Saint Lucia, 1980–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Saint Lucia recorded 72.9% for domestic credit to private sector in 2020.
Compared with earlier readings it is up 36.6% on the previous year and down 19.6% over ten years.
Over the whole period, domestic credit to private sector in Saint Lucia peaked at 93.5% in 2009 and was at its lowest, 30.1%, in 1986.
Saint Lucia ranks 55th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Domestic credit to private sector 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 | 90.6% | -3.1% |
| 2011 | 87.7% | -3.2% |
| 2012 | 92.4% | +5.4% |
| 2013 | 89.2% | -3.6% |
| 2014 | 79.1% | -11.3% |
| 2015 | 70.9% | -10.4% |
| 2016 | 64.1% | -9.5% |
| 2017 | 58.9% | -8.1% |
| 2018 | 55.8% | -5.3% |
| 2019 | 53.4% | -4.4% |
| 2020 | 72.9% | +36.6% |
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 | 74.2% | 53.4% | 92.4% | 10 |
| 2020s | 72.9% | 72.9% | 72.9% | 1 |
Countries ranked near Saint Lucia
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 in Saint Lucia?
- Domestic credit to private sector in Saint Lucia was 72.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Saint Lucia?
- The highest recorded value was 93.5% in 2009.
- What is the lowest domestic credit to private sector recorded in Saint Lucia?
- The lowest recorded value was 30.1% in 1986.
- How does Saint Lucia rank for domestic credit to private sector?
- Saint Lucia ranks 55th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Saint Lucia?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is rising.
- Where does this Saint Lucia 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.