Private credit by deposit money banks to GDP in Saint Kitts and Nevis
Saint Kitts and Nevis: Private credit by deposit money banks to GDP was 60.0% in 2021. ▲ Rising
Private credit by deposit money banks 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 private credit by deposit money banks to gdp in Saint Kitts and Nevis is 60.0%, measured in 2021.
That represents a change of up 8.2% on the previous year and up 2.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Saint Kitts and Nevis peaked at 60.2% in 2010 and was at its lowest, 32.0%, in 1986.
Saint Kitts and Nevis ranks 63rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 43 years of available data.
Private credit by deposit money banks to GDP in Saint Kitts and Nevis, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 33.3% | — |
| 1980 | 33.8% | +1.4% |
| 1981 | 36.1% | +6.8% |
| 1982 | 35.5% | -1.6% |
| 1983 | 40.3% | +13.7% |
| 1984 | 33.1% | -18.0% |
| 1985 | 34.7% | +4.8% |
| 1986 | 32.0% | -7.8% |
| 1987 | 34.5% | +8.0% |
| 1988 | 39.1% | +13.2% |
| 1989 | 46.2% | +18.3% |
| 1990 | 42.3% | -8.5% |
| 1991 | 48.2% | +14.1% |
| 1992 | 55.6% | +15.2% |
| 1993 | 57.3% | +3.1% |
| 1994 | 56.8% | -0.8% |
| 1995 | 55.8% | -1.7% |
| 1996 | 55.2% | -1.2% |
| 1997 | 54.9% | -0.4% |
| 1998 | 57.0% | +3.8% |
| 1999 | 58.1% | +2.0% |
| 2000 | 59.9% | +3.0% |
| 2001 | 54.6% | -8.8% |
| 2002 | 50.8% | -7.0% |
| 2003 | 54.2% | +6.8% |
| 2004 | 54.7% | +0.8% |
| 2005 | 54.5% | -0.4% |
| 2006 | 51.7% | -5.1% |
| 2007 | 54.7% | +5.9% |
| 2008 | 55.1% | +0.6% |
| 2009 | 58.8% | +6.8% |
| 2010 | 60.2% | +2.3% |
| 2011 | 58.4% | -3.0% |
| 2012 | 59.1% | +1.1% |
| 2013 | 55.3% | -6.4% |
| 2014 | 52.3% | -5.5% |
| 2015 | 53.8% | +3.0% |
| 2016 | 51.4% | -4.6% |
| 2017 | 49.1% | -4.4% |
| 2018 | 49.1% | -0.0% |
| 2019 | 46.1% | -6.0% |
| 2020 | 55.4% | +20.1% |
| 2021 | 60.0% | +8.2% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 60.0% is below the median for high income countries, which is 79.1%, 76% of the median. (62 countries reporting)
- Saint Kitts and Nevis's 60.0% is above the median for Latin America & Caribbean, which is 50.9%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.3% | 33.3% | 33.3% | 1 |
| 1980s | 36.5% | 32.0% | 46.2% | 10 |
| 1990s | 54.1% | 42.3% | 58.1% | 10 |
| 2000s | 54.9% | 50.8% | 59.9% | 10 |
| 2010s | 53.5% | 46.1% | 60.2% | 10 |
| 2020s | 57.7% | 55.4% | 60.0% | 2 |
Countries ranked near Saint Kitts and Nevis
More financial sector data for Saint Kitts and Nevis
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 28.67 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 20.93 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 28.67 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 to gdp in Saint Kitts and Nevis?
- Private credit by deposit money banks to gdp in Saint Kitts and Nevis was 60.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Saint Kitts and Nevis?
- The highest recorded value was 60.2% in 2010.
- What is the lowest private credit by deposit money banks to gdp recorded in Saint Kitts and Nevis?
- The lowest recorded value was 32.0% in 1986.
- How does Saint Kitts and Nevis rank for private credit by deposit money banks to gdp?
- Saint Kitts and Nevis ranks 63rd out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 2.6%. 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 Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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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 (IFS line 22d); 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).