Grenada vs Panama: Financial Institutions Depth Index

Grenada
0.2754
in 2020
Panama
0.2737
in 2020
Grenada rank
69th
Panama rank
70th

Financial Institutions Depth Index over time

  • Grenada
  • Panama
0.10.20.30.4198020002020

How they compare

Grenada currently reports 0.2754 against 0.2737 in Panama, a difference of 0.0017.

The two have swapped places 7 times across 41 shared years of data; in 1980 it was Panama ahead.

Grenada ranks 69th and Panama ranks 70th of 183 countries.

Across the 5 decades both report, Grenada averaged higher in 3 and Panama in 2.

Head to head by decade

Decade Grenada Panama Difference Ahead
1980s 0.1144 0.1519 0.0374 Panama
1990s 0.2 0.2012 0.0012 Panama
2000s 0.345 0.2415 0.1035 Grenada
2010s 0.2981 0.2286 0.0695 Grenada
2020s 0.2754 0.2737 0.0018 Grenada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Grenada or Panama?
Grenada, at 0.2754 against 0.2737 in Panama as of 2020.
What is the difference in financial institutions depth index between Grenada and Panama?
0.0017, with Grenada ahead.
How many years of comparable data are there for Grenada and Panama?
41 years are reported by both, from 1980 to 2020.
How do Grenada and Panama rank globally for financial institutions depth index?
Grenada ranks 69th and Panama ranks 70th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Grenada vs Panama: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/grenada/panama/

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About this data

Indicator
Financial Institutions Depth Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.