Trinidad and Tobago: Financial markets development

* indicates monthly or quarterly data series
 Trinidad and Tobago

Financial markets development

 Latest value 0.117
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.128
 Min - Max 0.042 - 0.241
 Source International Monetary Fund
The latest value from 2021 is 0.117 index points, a decline from 0.121 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Trinidad and Tobago from 1980 to 2021 is 0.128 index points. The minimum value, 0.042 index points, was reached in 1983 while the maximum of 0.241 index points was recorded in 1988. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Trinidad and Tobago - Financial markets development - Recent values chart

Historical series
Trinidad and Tobago - Financial markets development - historical chart - 1980-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.383 2021 index points
 Financial institutions development 0.635 2021 index points
 Financial institutions development, depth 0.730 2021 index points
 Financial institutions development, access 0.323 2021 index points
 Financial institutions development, efficiency 0.659 2021 index points
 Financial markets development 0.117 2021 index points
 Financial markets development, depth 0.209 2021 index points
 Financial markets development, access 0.065 2021 index points
 Financial markets development, efficiency 0.053 2021 index points
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