Financial Development Index in St. Kitts and Nevis
St. Kitts and Nevis: Financial Development Index was 0.2954 in 2020. β² Rising
Financial Development Index in St. Kitts and Nevis, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in St. Kitts and Nevis is 0.2954, measured in 2020.
The figure is up 3.0% on the previous year and up 2.7% over ten years.
Over the whole period, financial development index in St. Kitts and Nevis peaked at 0.3111 in 2013 and was at its lowest, 0.2398, in 1986.
St. Kitts and Nevis ranks 80th of 183 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2708 | 0.2398 | 0.295 | 10 |
| 1990s | 0.2801 | 0.2673 | 0.2943 | 10 |
| 2000s | 0.2914 | 0.2819 | 0.3073 | 10 |
| 2010s | 0.293 | 0.2754 | 0.3111 | 10 |
| 2020s | 0.2954 | 0.2954 | 0.2954 | 1 |
Countries ranked near St. Kitts and Nevis
- 77 Lebanon 0.3136 compare
- 78 Georgia 0.3065 compare
- 79 Egypt, Arab Republic of 0.2997 compare
- 81 Aruba, Kingdom of the Netherlands 0.2912 compare
- 82 Slovak Republic 0.2827 compare
- 83 Grenada 0.2814 compare
More financial sector data for St. Kitts and Nevis
- Net domestic credit (current LCU), per capita 40,819 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.62 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 35.76 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 188.74 million SDR (2025)
- Reserves excluding gold 205.95 million SDR (2025)
- Total reserves (gold at market value) 205.95 million SDR (2025)
- Total reserves (gold at national valuation) 205.95 million SDR (2025)
- Domestic credit to private sector by banks 65.0% (2025)
- Total reserves in months of imports 4.44 (2025)
- Net domestic credit 1.92 billion current LCU (2025)
Frequently asked questions
- What is financial development index in St. Kitts and Nevis?
- Financial development index in St. Kitts and Nevis was 0.2954 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in St. Kitts and Nevis?
- The highest recorded value was 0.3111 in 2013.
- What is the lowest financial development index recorded in St. Kitts and Nevis?
- The lowest recorded value was 0.2398 in 1986.
- How does St. Kitts and Nevis rank for financial development index?
- St. Kitts and Nevis ranks 80th out of 183 countries with data for 2020.
- Is financial development index rising or falling in St. Kitts and Nevis?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this St. Kitts and Nevis data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.