Private credit by deposit money banks to GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Private credit by deposit money banks to GDP was 46.2% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Saint Vincent and the Grenadines, 1975–2021
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 Vincent and the Grenadines is 46.2%, measured in 2021.
Compared with earlier readings it is down 3.1% on the previous year and down 8.0% over ten years.
Over the whole period, private credit by deposit money banks to gdp 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 97th 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 to GDP 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 49.7%, 93% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 46.2% is below the median for Latin America & Caribbean, which is 50.9%, 91% 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 to gdp in Saint Vincent and the Grenadines?
- Private credit by deposit money banks to gdp 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 to gdp 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 to gdp 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 to gdp?
- Saint Vincent and the Grenadines ranks 97th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp 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 to GDP (%). Statizoid updates them automatically from the source API.
Download this data
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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).