Domestic credit to private sector in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Domestic credit to private sector was 47.1% in 2020. ▲ Rising
Domestic credit to private sector in Saint Vincent and the Grenadines, 1975–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Saint Vincent and the Grenadines is 47.1%, measured in 2020.
The figure is up 8.0% on the previous year and down 3.9% over ten years.
Over the whole period, domestic credit to private sector in Saint Vincent and the Grenadines peaked at 51.7% in 1999 and was at its lowest, 24.9%, in 1986.
Saint Vincent and the Grenadines ranks 97th of 187 countries on this measure, 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 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 | 46.5% | -3.2% |
| 2018 | 44.4% | -4.5% |
| 2019 | 43.6% | -1.8% |
| 2020 | 47.1% | +8.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 47.1% is below the median for upper middle income countries, which is 52.0%, 91% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 47.1% is below the median for Latin America & Caribbean, which is 54.3%, 87% 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 | 47.1% | 47.1% | 47.1% | 1 |
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 in Saint Vincent and the Grenadines?
- Domestic credit to private sector in Saint Vincent and the Grenadines was 47.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector 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 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?
- Saint Vincent and the Grenadines ranks 97th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 3.9%. 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 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.
Download this data
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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.