Bank Credit to Bank Deposits for Saint Kitts and Nevis
DDSI04KNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.69
Year-over-Year Change
-0.81%
Date Range
1/1/1979 - 1/1/2021
Summary
The Bank Credit to Bank Deposits for Saint Kitts and Nevis measures the ratio of bank credit to bank deposits in the country. This metric is important for economists and policymakers to assess the financial health and intermediation capacity of the banking system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Bank Credit to Bank Deposits ratio represents the level of bank lending relative to the deposit base. It provides insight into the degree of financial intermediation and the ability of the banking sector to channel funds from savers to borrowers within the economy.
Methodology
This data is calculated by the World Bank using national banking sector statistics.
Historical Context
The ratio is used to evaluate financial sector development and the efficiency of credit allocation by banks.
Key Facts
- Saint Kitts and Nevis' bank credit to deposit ratio was 74.1% in 2020.
- The ratio has declined from a high of 88.4% in 2008.
- A higher ratio indicates more lending activity relative to the deposit base.
FAQs
Q: What does this economic trend measure?
A: The Bank Credit to Bank Deposits ratio measures the level of bank lending relative to the deposit base in Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the degree of financial intermediation and the ability of the banking sector to channel funds from savers to borrowers within the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national banking sector statistics.
Q: How is this trend used in economic policy?
A: The ratio is used to evaluate financial sector development and the efficiency of credit allocation by banks in Saint Kitts and Nevis.
Q: Are there update delays or limitations?
A: The data is published annually with potential delays in reporting from national sources.
Related Trends
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Bank Lending Deposit Spread for Saint Kitts and Nevis
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NCKNAA052SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Illinois
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Number of Identified Exporters to Saint Kitts and Nevis from Michigan
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Citation
U.S. Federal Reserve, Bank Credit to Bank Deposits for Saint Kitts and Nevis (DDSI04KNA156NWDB), retrieved from FRED.