Dominica: Financial institutions development, depth

* indicates monthly or quarterly data series
 Dominica

Financial institutions development, depth

 Latest value 0.256
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.242
 Min - Max 0.125 - 0.354
 Source International Monetary Fund
For that indicator, we provide data for Dominica from 1980 to 2021. The average value for Dominica during that period was 0.242 index points with a minimum of 0.125 index points in 1987 and a maximum of 0.354 index points in 2002. The latest value from 2021 is 0.256 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
Dominica - Financial institutions development, depth - Recent values chart

Historical chart
Dominica - 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 0.198 2021 index points
 Financial institutions development 0.388 2021 index points
 Financial institutions development, depth 0.256 2021 index points
 Financial institutions development, access 0.252 2021 index points
 Financial institutions development, efficiency 0.623 2021 index points
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