Grenada: Financial institutions development, access
* indicates monthly or quarterly data series
| Grenada |
Financial institutions development, access |
|---|---|
| Latest value | 0.438 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.440 |
| Min - Max | 0.267 - 0.581 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.438 index points, an increase from 0.431 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Grenada from 1980 to 2021 is 0.44 index points. The minimum value, 0.267 index points, was reached in 1982 while the maximum of 0.581 index points was recorded in 2011.
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Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. 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 |