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Saint Kitts & Nevis Private Credit (% GDP)

Saint Kitts & Nevis' private credit (% GDP) rose to 67.03% in 2024, up from 61.64% in 2023, according to World Bank. This represents an increase of 5.39% from the previous year. Saint Kitts & Nevis has private credit (% GDP) higher than the global median (67.03% vs median 39.47%). Compared with the median in Americas, Saint Kitts & Nevis is higher (67.03% vs regional median 48.39%) and ranks 6th out of 32 countries in Americas.

Yearly Historical Data (1979-2024)

(in %)
Year Private Credit (% GDP)
2024 67.03%
2023 61.64%
2022 63.18%
2021 68.18%
2020 61.51%
2019 48.52%
2018 49.17%
2017 49.27%
2016 51.47%
2015 53.88%
2014 52.36%
2013 55.36%
2012 59.18%
2011 58.43%
2010 60.22%
2009 58.84%
2008 55.08%
2007 54.74%
2006 51.7%
2005 54.46%
2004 54.69%
2003 54.24%
2002 50.81%
2001 54.61%
2000 59.83%
1999 55.64%
1998 54.53%
1997 51.56%
1996 51.56%
1995 52.09%
1994 52.25%
1993 52.77%
1992 51.13%
1991 44.08%
1990 39.52%
1989 43.09%
1988 36.48%
1987 31.78%
1986 29.09%
1985 31.6%
1984 30.45%
1983 36.15%
1982 32.6%
1981 30.86%
1980 28.55%
1979 27.22%
Saint Kitts & Nevis Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Saint Kitts & Nevis.