Financial system deposits to GDP in Saint Kitts and Nevis
Saint Kitts and Nevis: Financial system deposits to GDP was 105.8% in 2021. ▲ Rising
Financial system deposits to GDP in Saint Kitts and Nevis, 1979–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Saint Kitts and Nevis is 105.8%, measured in 2021.
The figure is up 9.8% on the previous year and down 4.5% over ten years.
Over the whole period, financial system deposits to gdp in Saint Kitts and Nevis peaked at 138.7% in 2015 and was at its lowest, 55.4%, in 1987.
That places Saint Kitts and Nevis 28th out of 185 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Financial system deposits to GDP in Saint Kitts and Nevis, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 65.9% | — |
| 1980 | 61.9% | -6.1% |
| 1981 | 57.0% | -7.9% |
| 1982 | 56.2% | -1.5% |
| 1983 | 66.2% | +17.8% |
| 1984 | 57.5% | -13.1% |
| 1985 | 67.7% | +17.7% |
| 1986 | 68.6% | +1.4% |
| 1987 | 55.4% | -19.3% |
| 1988 | 58.6% | +5.8% |
| 1989 | 64.5% | +10.1% |
| 1990 | 63.5% | -1.6% |
| 1991 | 68.5% | +7.9% |
| 1992 | 73.4% | +7.2% |
| 1993 | 74.0% | +0.7% |
| 1994 | 70.7% | -4.4% |
| 1995 | 76.9% | +8.7% |
| 1996 | 75.7% | -1.5% |
| 1997 | 75.4% | -0.4% |
| 1998 | 80.9% | +7.3% |
| 1999 | 80.8% | -0.1% |
| 2000 | 93.5% | +15.8% |
| 2001 | 90.7% | -3.0% |
| 2002 | 91.3% | +0.7% |
| 2003 | 101.7% | +11.4% |
| 2004 | 110.7% | +8.8% |
| 2005 | 109.4% | -1.2% |
| 2006 | 106.5% | -2.7% |
| 2007 | 111.0% | +4.2% |
| 2008 | 98.0% | -11.8% |
| 2009 | 103.0% | +5.1% |
| 2010 | 108.1% | +5.0% |
| 2011 | 110.8% | +2.5% |
| 2012 | 125.8% | +13.6% |
| 2013 | 131.3% | +4.3% |
| 2014 | 133.1% | +1.3% |
| 2015 | 138.7% | +4.2% |
| 2016 | 130.7% | -5.7% |
| 2017 | 120.5% | -7.8% |
| 2018 | 115.0% | -4.6% |
| 2019 | 89.2% | -22.4% |
| 2020 | 96.3% | +7.9% |
| 2021 | 105.8% | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65.9% | 65.9% | 65.9% | 1 |
| 1980s | 61.4% | 55.4% | 68.6% | 10 |
| 1990s | 74.0% | 63.5% | 80.9% | 10 |
| 2000s | 101.6% | 90.7% | 111.0% | 10 |
| 2010s | 120.3% | 89.2% | 138.7% | 10 |
| 2020s | 101.0% | 96.3% | 105.8% | 2 |
Countries ranked near Saint Kitts and Nevis
- 25 Nepal 109.5% compare
- 26 New Zealand 109.4% compare
- 27 France 106.7% compare
- 29 United Arab Emirates 105.0% compare
- 30 Netherlands 104.3% compare
- 31 Italy 103.0% compare
More financial sector data for Saint 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)
- Total reserves (gold at national valuation) (SDR), per capita 4,389 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -8.87 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 4,389 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Saint Kitts and Nevis?
- Financial system deposits to gdp in Saint Kitts and Nevis was 105.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Saint Kitts and Nevis?
- The highest recorded value was 138.7% in 2015.
- What is the lowest financial system deposits to gdp recorded in Saint Kitts and Nevis?
- The lowest recorded value was 55.4% in 1987.
- How does Saint Kitts and Nevis rank for financial system deposits to gdp?
- Saint Kitts and Nevis ranks 28th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).