Barbados: Financial institutions development
* indicates monthly or quarterly data series
| Barbados |
Financial institutions development |
|---|---|
| Latest value | 0.573 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.469 |
| Min - Max | 0.330 - 0.687 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.573 index points, an increase from 0.556 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Barbados from 1980 to 2021 is 0.469 index points. The minimum value, 0.33 index points, was reached in 1980 while the maximum of 0.687 index points was recorded in 2014.
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Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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| Related indicators | Latest | 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 |