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
For that indicator, we provide data for Barbados from 1980 to 2021. The average value for Barbados during that period was 0.52 index points with a minimum of 0.313 index points in 1980 and a maximum of 0.753 index points in 2014. The latest value from 2021 is 0.669 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 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 institutions development, depth - Recent values chart

Historical chart
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.


 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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