Private credit by deposit money banks and other financial in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Private credit by deposit money banks and other financial was 46.2% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Saint Vincent and the Grenadines, 1975–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Saint Vincent and the Grenadines recorded 46.2% for private credit by deposit money banks and other financial in 2021.
That represents a change of down 3.1% on the previous year and down 8.0% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Saint Vincent and the Grenadines peaked at 54.2% in 2013 and was at its lowest, 24.9%, in 1986.
Saint Vincent and the Grenadines ranks 98th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Private credit by deposit money banks and other financial in Saint Vincent and the Grenadines, year by year
| Year | % | 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 | 54.2% | +5.2% |
| 2014 | 50.0% | -7.7% |
| 2015 | 46.1% | -7.8% |
| 2016 | 46.9% | +1.6% |
| 2017 | 46.6% | -0.5% |
| 2018 | 45.4% | -2.7% |
| 2019 | 45.1% | -0.6% |
| 2020 | 47.7% | +5.7% |
| 2021 | 46.2% | -3.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 46.2% is below the median for upper middle income countries, which is 50.2%, 92% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 46.2% is below the median for Latin America & Caribbean, which is 51.7%, 89% 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 | 48.5% | 45.1% | 54.2% | 10 |
| 2020s | 46.9% | 46.2% | 47.7% | 2 |
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 private credit by deposit money banks and other financial in Saint Vincent and the Grenadines?
- Private credit by deposit money banks and other financial in Saint Vincent and the Grenadines was 46.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 54.2% in 2013.
- What is the lowest private credit by deposit money banks and other financial 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 private credit by deposit money banks and other financial?
- Saint Vincent and the Grenadines ranks 98th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 8.0%. 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 Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)