St. Kitts and Nevis Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
St. Kitts and Nevis's credit to gdp was 63.02% in 2025, ranked 41st globally. This represents a 1.1% decrease from 2024. Data from World Bank, covering 1979–2025.
Overview
St. Kitts and Nevis's credit to gdp stood at 63.02% in 2025, a decline of +0.69% from 2024. Based on recent trends, this figure is projected to reach 63.02% by 2025. St. Kitts and Nevis ranked 41st globally.
St. Kitts and Nevis' credit to GDP ratio has experienced significant fluctuations over the past 47 years, with a notable all-time peak of 68.18 in 2021 and an all-time trough of 27.22 in 1979. The country's credit to GDP ratio has been steadily increasing since the 1990s, with some adjustments for the global financial crisis, and reached 63.02 in 2025, ranking 41 globally. This trend is somewhat comparable to that of Spain, where the credit to GDP ratio is 63.30, indicating a stable yet moderate level of debt. In contrast, other peer countries like Namibia and Kosovo have slightly lower credit to GDP ratios. Despite this moderate level of debt, St. Kitts and Nevis continues to rely heavily on foreign capital, which may pose a risk to its economic stability if the global financial environment were to deteriorate. A potential shift in the country's economic trajectory could be triggered by a significant improvement in its trade balance or a substantial increase in foreign investment.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 62.60% | - | - |
| 2026* trend | 62.81% | - | - |
| 2025* trend | 63.02% | - | - |
| 2025 | 63.02% | −0.69% | #41 |
| 2024 | 63.71% | +2.00% | #88 |
| 2023 | 61.71% | −1.39% | #105 |
| 2022 | 63.10% | −5.08% | #112 |
| 2021 | 68.18% | +6.67% | #116 |
| 2020 | 61.51% | +12.99% | #107 |
| 2019 | 48.52% | −0.65% | #98 |
| 2018 | 49.17% | −0.10% | #97 |
| 2017 | 49.27% | −2.19% | #99 |
| 2016 | 51.47% | −2.41% | #103 |
| 2015 | 53.88% | +1.52% | #106 |
| 2014 | 52.36% | −3.00% | #104 |
| 2013 | 55.36% | −3.83% | #112 |
| 2012 | 59.18% | +0.75% | #119 |
| 2011 | 58.43% | −1.78% | #117 |
Detected Pattern
Analysis
St. Kitts and Nevis matched the Fiscal Dominance Trap pattern in 1981. Historically, 72% of countries showing this pattern (278 out of 386) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's credit to gdp was 63.02% in 2025. Ranked 41st globally. This represents a 1.1% decrease from the previous year.
St. Kitts and Nevis's credit to gdp peaked at 68.18% in 2021.
The lowest credit to gdp in St. Kitts and Nevis was 27.22% in 1979.
St. Kitts and Nevis ranks 41st globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
St. Kitts and Nevis's credit to gdp is projected to reach 63.02% by 2025 based on trend extrapolation.
The credit to gdp of St. Kitts and Nevis in 2025 was 63.02%. This ranks 41st in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_credit-to-gdp,
title = {St. Kitts and Nevis Credit to GDP},
url = {https://historysaid.com/st-kitts-and-nevis/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}