Private credit by deposit money banks to GDP in Saint Lucia
Saint Lucia: Private credit by deposit money banks to GDP was 66.7% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Saint Lucia, 1980–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Saint Lucia recorded 66.7% for private credit by deposit money banks to gdp in 2021.
Compared with earlier readings it is down 7.8% on the previous year and down 23.2% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Saint Lucia peaked at 93.2% in 2012 and was at its lowest, 30.1%, in 1986.
That places Saint Lucia 54th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Private credit by deposit money banks to GDP in Saint Lucia, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 35.5% | — |
| 1981 | 35.2% | -0.9% |
| 1982 | 39.8% | +12.9% |
| 1983 | 39.1% | -1.7% |
| 1984 | 35.1% | -10.3% |
| 1985 | 32.9% | -6.3% |
| 1986 | 30.1% | -8.4% |
| 1987 | 30.8% | +2.4% |
| 1988 | 34.6% | +12.3% |
| 1989 | 39.5% | +14.2% |
| 1990 | 37.0% | -6.5% |
| 1991 | 37.6% | +1.8% |
| 1992 | 37.4% | -0.7% |
| 1993 | 43.6% | +16.7% |
| 1994 | 44.7% | +2.4% |
| 1995 | 45.9% | +2.9% |
| 1996 | 50.3% | +9.5% |
| 1997 | 53.9% | +7.1% |
| 1998 | 53.1% | -1.4% |
| 1999 | 56.0% | +5.5% |
| 2000 | 58.8% | +5.1% |
| 2001 | 64.0% | +8.7% |
| 2002 | 63.9% | -0.1% |
| 2003 | 56.2% | -12.1% |
| 2004 | 57.3% | +2.0% |
| 2005 | 62.5% | +9.1% |
| 2006 | 70.2% | +12.3% |
| 2007 | 85.9% | +22.3% |
| 2008 | 88.5% | +3.0% |
| 2009 | 93.1% | +5.3% |
| 2010 | 90.9% | -2.3% |
| 2011 | 86.8% | -4.5% |
| 2012 | 93.2% | +7.3% |
| 2013 | 89.1% | -4.4% |
| 2014 | 79.7% | -10.5% |
| 2015 | 70.6% | -11.4% |
| 2016 | 64.6% | -8.5% |
| 2017 | 58.8% | -9.0% |
| 2018 | 55.5% | -5.6% |
| 2019 | 53.6% | -3.6% |
| 2020 | 72.3% | +35.0% |
| 2021 | 66.7% | -7.8% |
Saint Lucia compared with similar countries
- Saint Lucia's 66.7% is above the median for upper middle income countries, which is 49.7%, 1.3× the median. (55 countries reporting)
- Saint Lucia's 66.7% is above the median for Latin America & Caribbean, which is 50.9%, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.3% | 30.1% | 39.8% | 10 |
| 1990s | 45.9% | 37.0% | 56.0% | 10 |
| 2000s | 70.0% | 56.2% | 93.1% | 10 |
| 2010s | 74.3% | 53.6% | 93.2% | 10 |
| 2020s | 69.5% | 66.7% | 72.3% | 2 |
Countries ranked near Saint Lucia
More financial sector data for Saint Lucia
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 11.64 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.5 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 11.64 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 Lucia?
- Private credit by deposit money banks to gdp in Saint Lucia was 66.7% 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 Lucia?
- The highest recorded value was 93.2% in 2012.
- What is the lowest private credit by deposit money banks to gdp recorded in Saint Lucia?
- The lowest recorded value was 30.1% in 1986.
- How does Saint Lucia rank for private credit by deposit money banks to gdp?
- Saint Lucia ranks 54th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Saint Lucia?
- Over the last ten years it is down 23.2%. The long-run trend across the full record is rising.
- Where does this Saint Lucia 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).