Barbados: Financial institutions development, depth

* indicates monthly or quarterly data series
 Barbados

Financial institutions development, depth

 Latest value 0.669
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.520
 Min - Max 0.313 - 0.753
 Source International Monetary Fund
The latest value from 2021 is 0.669 index points, a decline from 0.677 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Barbados from 1980 to 2021 is 0.52 index points. The minimum value, 0.313 index points, was reached in 1980 while the maximum of 0.753 index points was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Barbados - Financial institutions development, depth - Recent values chart

Historical series
Barbados - Financial institutions development, depth - historical chart - 1980-2021




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 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
This site uses cookies.
Learn more here


OK