Saint Vincent & Grenadines Private Credit (% GDP)

Saint Vincent & Grenadines' private credit (% GDP) fell to 36.66% in 2024, down from 39.7% in 2023, according to World Bank. This represents a decrease of 3.04% from the previous year. Saint Vincent & Grenadines has private credit (% GDP) lower than the global median (36.66% vs median 39.47%). Compared with the median in Americas, Saint Vincent & Grenadines is lower (36.66% vs regional median 48.39%) and ranks 24th out of 32 countries in Americas.

Yearly Historical Data (1975-2024)

(in %)

Year	Private Credit (% GDP)
2024	36.66%
2023	39.7%
2022	41.19%
2021	46.22%
2020	47.52%
2019	43.61%
2018	44.43%
2017	46.71%
2016	48.06%
2015	49.46%
2014	49.25%
2013	49.76%
2012	51.5%
2011	50.2%
2010	49.01%
2009	48.55%
2008	46.41%
2007	46.27%
2006	44.61%
2005	43.31%
2004	43.32%
2003	46.38%
2002	48.09%
2001	48.53%
2000	51.24%
1999	51.72%
1998	48.22%
1997	47.62%
1996	44.56%
1995	40.67%
1994	36.48%
1993	34.41%
1992	34.44%
1991	34.69%
1990	31.48%
1989	32.74%
1988	29.41%
1987	27.87%
1986	24.91%
1985	27.3%
1984	25.02%
1983	29.55%
1982	27.34%
1981	31.88%
1980	30.6%
1979	28.31%
1978	29.22%
1977	26.92%
1976	30.97%
1975	36.53%

Saint Vincent & Grenadines 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 Vincent & Grenadines.