St. Kitts and Nevis Deposit Rate
Deposit interest rate FR.INR.DPST
St. Kitts and Nevis's deposit rate was 1.97% in 2025, ranked 65th globally. This represents a 5.9% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
St. Kitts and Nevis's deposit rate stood at 1.97% in 2025, a decline of +0.12pp from 2024. Based on recent trends, this figure is projected to reach 1.97% by 2025. St. Kitts and Nevis ranked 65th globally.
St. Kitts and Nevis recorded a deposit rate of 1.97% in 2025, ranking 65th globally, the lowest level in its recorded history and marking a continued decline from its all-time peak of 4.72% in 1990. Over a 46-year period from 1980 to 2025, the country’s deposit rate has trended downward, reflecting broader regional and global shifts toward lower interest rate environments. The 2025 rate is slightly below that of peer country Nicaragua at 2.08% and marginally above Algeria’s 1.75%, placing St. Kitts and Nevis within a cohort of nations maintaining historically low deposit rates. The current level represents a significant drop from the 3.77% observed in 1980, indicating a long-term structural shift in financial conditions. This sustained decline suggests limited room for further rate cuts without affecting financial intermediation or savings incentives. Absent external shocks or changes in regional monetary coordination, the deposit rate in St. Kitts and Nevis is likely to remain subdued unless central bank policies or inflation dynamics shift materially in the coming years.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.87% | - | - |
| 2026* trend | 1.92% | - | - |
| 2025* trend | 1.97% | - | - |
| 2025 | 1.97% | −0.12pp | #65 |
| 2024 | 2.10% | +0.10pp | #31 |
| 2023 | 2.00% | −0.05pp | #33 |
| 2022 | 2.05% | −0.20pp | #45 |
| 2021 | 2.26% | +0.03pp | #59 |
| 2020 | 2.22% | +0.21pp | #54 |
| 2019 | 2.01% | −0.07pp | #45 |
| 2018 | 2.08% | −0.19pp | #48 |
| 2017 | 2.27% | −0.23pp | #51 |
| 2016 | 2.50% | −0.22pp | #62 |
| 2015 | 2.72% | −0.46pp | #66 |
| 2014 | 3.18% | −0.55pp | #71 |
| 2013 | 3.74% | −0.54pp | #73 |
| 2012 | 4.27% | −0.19pp | #78 |
| 2011 | 4.47% | −0.13pp | #77 |
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 deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
St. Kitts and Nevis's deposit rate was 1.97% in 2025. Ranked 65th globally. This represents a 5.9% decrease from the previous year.
St. Kitts and Nevis's deposit rate peaked at 4.72% in 1988.
The lowest deposit rate in St. Kitts and Nevis was 1.97% in 2025.
St. Kitts and Nevis ranks 65th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
St. Kitts and Nevis's deposit rate is projected to reach 1.97% by 2025 based on trend extrapolation.
The deposit rate of St. Kitts and Nevis in 2025 was 1.97%. This ranks 65th in the world.
Cite this page
@misc{historysaid_st-kitts-and-nevis_deposit-rate,
title = {St. Kitts and Nevis Deposit Rate},
url = {https://historysaid.com/st-kitts-and-nevis/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}