St. Kitts and Nevis: Domestic credit to private sector by banks (% of GDP)

Key figures

What the numbers say

In 2025, St. Kitts and Nevis' domestic credit to private sector by banks (% of GDP) rose 0.7 percentage points on 2024 (from 64.33% to 65.03%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.4 percentage points and a typical year strayed about 3.71 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 12.99 percentage points in 2020 and the biggest yearly fall was 5.71 percentage points in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 2.06 percentage points a year. A straight line explains 66% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, St. Kitts and Nevis had the 26th highest value of the 110 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to St. Kitts and Nevis in the 2025 ranking

• Armenia — 22nd of 110: 68.68%
• Panama — 23rd of 110: 66.84%
• Georgia — 24th of 110: 66.57%
• Saudi Arabia — 26th of 110: 64.31%
• Kosovo — 27th of 110: 59.94%
• South Africa — 28th of 110: 59.19%

What this measures

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 47 values

Domestic credit to private sector by banks (% of GDP) in nearby economies

• Antigua and Barbuda — 37.42% (2025)
• Argentina — 15.83% (2025)
• Aruba — 58.05% (2023)
• Bahamas, The — 40.42% (2024)
• Barbados — 59.62% (2023)
• Belize — 42.86% (2025)
• Bolivia — 51.75% (2025)
• Brazil — 75.1% (2025)
• Chile — 70.1% (2025)
• Colombia

More financial sector data for St. Kitts and Nevis

• DEC alternative conversion factor (LCU per US$) — US$2.7 (2025)
• Official exchange rate (LCU per US$, period average) — US$2.7 (2025)
• GDP deflator (base year varies by country) — 134.9 (2025)
• Inflation, GDP deflator (annual % growth) — 2.69% (2025)
• Net domestic credit (current LCU) — 1.92 billion (2025)
• Net foreign assets (current LCU) — 1.68 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 65.03% (2025)
• Broad money (current LCU) — 3.31 billion (2025)
• Broad money (% of GDP) — 103.72% (2025)

Reading data like this

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Questions people ask

What is St. Kitts and Nevis's domestic credit to private sector by banks (% of GDP)?

65.03% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is up 37.81 percentage points from 27.22% in 1979. The highest value was 68.18% in 2021 and the lowest 27.22% in 1979.

How does St. Kitts and Nevis rank?

26th highest of 110 economies with data for 2025.

Is the latest change in domestic credit to private sector by banks (% of GDP) unusual for St. Kitts and Nevis?

In 2025, St. Kitts and Nevis' domestic credit to private sector by banks (% of GDP) rose 0.7 percentage points on 2024 (from 64.33% to 65.03%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.4 percentage points and a typical year strayed about 3.71 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FD.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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