Financial system deposits to GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Financial system deposits to GDP was 69.1% in 2021. ▲ Rising
Financial system deposits to GDP in Saint Vincent and the Grenadines, 1975–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Saint Vincent and the Grenadines stood at 69.1%.
The figure is up 8.2% on the previous year and up 9.8% over ten years.
Over the whole period, financial system deposits to gdp in Saint Vincent and the Grenadines peaked at 72.1% in 2014 and was at its lowest, 35.2%, in 1984.
That places Saint Vincent and the Grenadines 73rd out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Financial system deposits to GDP in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 54.2% | — |
| 1976 | 54.0% | -0.5% |
| 1977 | 38.9% | -28.0% |
| 1978 | 40.9% | +5.1% |
| 1979 | 43.5% | +6.4% |
| 1980 | 39.7% | -8.7% |
| 1981 | 38.0% | -4.4% |
| 1982 | 38.3% | +0.8% |
| 1983 | 40.0% | +4.5% |
| 1984 | 35.2% | -11.9% |
| 1985 | 41.8% | +18.6% |
| 1986 | 42.8% | +2.4% |
| 1987 | 46.5% | +8.7% |
| 1988 | 52.0% | +12.0% |
| 1989 | 54.1% | +3.9% |
| 1990 | 56.8% | +4.9% |
| 1991 | 55.1% | -3.0% |
| 1992 | 53.1% | -3.5% |
| 1993 | 57.2% | +7.6% |
| 1994 | 60.1% | +5.2% |
| 1995 | 58.9% | -2.1% |
| 1996 | 60.3% | +2.4% |
| 1997 | 64.1% | +6.3% |
| 1998 | 67.7% | +5.6% |
| 1999 | 71.5% | +5.7% |
| 2000 | 69.1% | -3.4% |
| 2001 | 67.5% | -2.3% |
| 2002 | 66.8% | -1.0% |
| 2003 | 65.4% | -2.2% |
| 2004 | 63.0% | -3.6% |
| 2005 | 61.7% | -2.2% |
| 2006 | 58.1% | -5.8% |
| 2007 | 56.4% | -2.9% |
| 2008 | 57.8% | +2.5% |
| 2009 | 58.9% | +1.9% |
| 2010 | 60.7% | +3.1% |
| 2011 | 62.9% | +3.5% |
| 2012 | 64.7% | +3.0% |
| 2013 | 71.7% | +10.8% |
| 2014 | 72.1% | +0.5% |
| 2015 | 67.2% | -6.8% |
| 2016 | 68.0% | +1.2% |
| 2017 | 68.0% | -0.1% |
| 2018 | 66.8% | -1.8% |
| 2019 | 68.4% | +2.5% |
| 2020 | 63.8% | -6.7% |
| 2021 | 69.1% | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.3% | 38.9% | 54.2% | 5 |
| 1980s | 42.8% | 35.2% | 54.1% | 10 |
| 1990s | 60.5% | 53.1% | 71.5% | 10 |
| 2000s | 62.5% | 56.4% | 69.1% | 10 |
| 2010s | 67.1% | 60.7% | 72.1% | 10 |
| 2020s | 66.5% | 63.8% | 69.1% | 2 |
Countries ranked near Saint Vincent and the Grenadines
More financial sector data for Saint Vincent and the Grenadines
- Net domestic credit (current LCU), per capita 16,551 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.11 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 197.01 million SDR (2025)
- Reserves excluding gold 205.34 million SDR (2025)
- Total reserves (gold at market value) 205.34 million SDR (2025)
- Total reserves (gold at national valuation) 205.34 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,055 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -15.48 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,055 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Saint Vincent and the Grenadines?
- Financial system deposits to gdp in Saint Vincent and the Grenadines was 69.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 72.1% in 2014.
- What is the lowest financial system deposits to gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 35.2% in 1984.
- How does Saint Vincent and the Grenadines rank for financial system deposits to gdp?
- Saint Vincent and the Grenadines ranks 73rd out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 9.8%. 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 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).