Barbados vs Jamaica: Financial Institutions Index

Barbados
0.5622
in 2020
Jamaica
0.5485
in 2020
Barbados rank
48th
Jamaica rank
51st

Financial Institutions Index over time

  • Barbados
  • Jamaica
00.20.40.6198020002020

How they compare

Barbados currently reports 0.5622 against 0.5485 in Jamaica, a difference of 0.0137.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was Jamaica ahead.

Barbados ranks 48th and Jamaica ranks 51st of 183 countries.

Across the 5 decades both report, Barbados averaged higher in 4 and Jamaica in 1.

Head to head by decade

Decade Barbados Jamaica Difference Ahead
1980s 0.3461 0.3889 0.0427 Jamaica
1990s 0.39 0.3389 0.0512 Barbados
2000s 0.5257 0.3385 0.1872 Barbados
2010s 0.6036 0.4333 0.1702 Barbados
2020s 0.5622 0.5485 0.0137 Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions index, Barbados or Jamaica?
Barbados, at 0.5622 against 0.5485 in Jamaica as of 2020.
What is the difference in financial institutions index between Barbados and Jamaica?
0.0137, with Barbados ahead.
How many years of comparable data are there for Barbados and Jamaica?
41 years are reported by both, from 1980 to 2020.
How do Barbados and Jamaica rank globally for financial institutions index?
Barbados ranks 48th and Jamaica ranks 51st of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Jamaica: Financial Institutions Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-index/barbados/jamaica/

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About this data

Indicator
Financial Institutions 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.