Dominica: Financial development

The latest value from 2021 is 0.198 index points, a decline from 0.199 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Dominica from 1980 to 2021 is 0.197 index points. The minimum value, 0.169 index points, was reached in 1987 while the maximum of 0.233 index points was recorded in 2002. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.