Grenada: Financial institutions development
* indicates monthly or quarterly data series
| Grenada |
Financial institutions development |
|---|---|
| Latest value | 0.510 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.443 |
| Min - Max | 0.269 - 0.598 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.51 index points, an increase from 0.5 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Grenada from 1980 to 2021 is 0.443 index points. The minimum value, 0.269 index points, was reached in 1982 while the maximum of 0.598 index points was recorded in 2006.
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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 | 0.309 | 2021 | index points |
| Financial institutions development | 0.510 | 2021 | index points |
| Financial institutions development, depth | 0.370 | 2021 | index points |
| Financial institutions development, access | 0.438 | 2021 | index points |
| Financial institutions development, efficiency | 0.593 | 2021 | index points |
| Financial markets development | 0.097 | 2021 | index points |
| Financial markets development, depth | 0.255 | 2021 | index points |