Barbados: Financial development

* indicates monthly or quarterly data series
 Barbados

Financial development

 Latest value 0.399
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.338
 Min - Max 0.240 - 0.481
 Source International Monetary Fund
For that indicator, we provide data for Barbados from 1980 to 2021. The average value for Barbados during that period was 0.338 index points with a minimum of 0.24 index points in 1984 and a maximum of 0.481 index points in 2013. The latest value from 2021 is 0.399 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Barbados - Financial development - Recent values chart

Historical chart
Barbados - Financial development - historical chart - 1980-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.399 2021 index points
 Financial institutions development 0.573 2021 index points
 Financial institutions development, depth 0.669 2021 index points
 Financial institutions development, access 0.293 2021 index points
 Financial institutions development, efficiency 0.575 2021 index points
 Financial markets development 0.210 2021 index points
 Financial markets development, depth 0.243 2021 index points
 Financial markets development, access 0.367 2021 index points
 Financial markets development, efficiency 0.003 2021 index points
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