Which has higher financial markets depth index, Barbados or Iceland?

Iceland, at 0.3281 against 0.2691 in Barbados as of 2020.

How many years of comparable data are there for Barbados and Iceland?

41 years are reported by both, from 1980 to 2020.

Where does this data come from?

International Monetary Fund, published as Financial Markets Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Barbados vs Iceland: Financial Markets Depth Index

Barbados

0.2691

in 2020

Iceland

0.3281

in 2020

Barbados rank

55th

Iceland rank

52nd

Financial Markets Depth Index over time

Barbados
Iceland

How they compare

Iceland currently reports 0.3281 against 0.2691 in Barbados, a difference of 0.059.

That makes Iceland's figure about 1.2 times Barbados's.

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

Barbados ranks 55th and Iceland ranks 52nd of 183 countries.

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

Head to head by decade

Decade	Barbados	Iceland	Difference	Ahead
1980s	0.069	0.0265	0.0425	Barbados
1990s	0.1045	0.125	0.0205	Iceland
2000s	0.2	0.4426	0.2426	Iceland
2010s	0.3241	0.409	0.0849	Iceland
2020s	0.2691	0.3281	0.0589	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Barbados or Iceland?: Iceland, at 0.3281 against 0.2691 in Barbados as of 2020.
What is the difference in financial markets depth index between Barbados and Iceland?: 0.059, with Iceland ahead.
How many years of comparable data are there for Barbados and Iceland?: 41 years are reported by both, from 1980 to 2020.
How do Barbados and Iceland rank globally for financial markets depth index?: Barbados ranks 55th and Iceland ranks 52nd of 183 countries.
Where does this data come from?: International Monetary Fund, published as Financial Markets Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Iceland: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/barbados/iceland/

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About this data

Indicator: Financial Markets Depth Index
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 192 places, 7,872 data points, 1980–2020
Last refreshed: 19 August 2026

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.