Financial Development Index in Bahamas
Bahamas: Financial Development Index was 0.4819 in 2020. ▲ Rising
Financial Development Index in Bahamas, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Bahamas is 0.4819, measured in 2020. That is the highest value across all 41 years on record.
That represents a change of up 4.5% on the previous year and up 2.1% over ten years.
Over the whole period, financial development index in Bahamas peaked at 0.4819 in 2020 and was at its lowest, 0.2684, in 1985.
That places Bahamas 41st out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2871 | — |
| 1981 | 0.2906 | +1.2% |
| 1982 | 0.2888 | -0.6% |
| 1983 | 0.2841 | -1.6% |
| 1984 | 0.2714 | -4.5% |
| 1985 | 0.2684 | -1.1% |
| 1986 | 0.2753 | +2.6% |
| 1987 | 0.2809 | +2.0% |
| 1988 | 0.2917 | +3.8% |
| 1989 | 0.3038 | +4.2% |
| 1990 | 0.3171 | +4.4% |
| 1991 | 0.3336 | +5.2% |
| 1992 | 0.3366 | +0.9% |
| 1993 | 0.3274 | -2.7% |
| 1994 | 0.3268 | -0.2% |
| 1995 | 0.3611 | +10.5% |
| 1996 | 0.3507 | -2.9% |
| 1997 | 0.3209 | -8.5% |
| 1998 | 0.3245 | +1.1% |
| 1999 | 0.3245 | +0.0% |
| 2000 | 0.337 | +3.8% |
| 2001 | 0.3605 | +7.0% |
| 2002 | 0.3832 | +6.3% |
| 2003 | 0.3759 | -1.9% |
| 2004 | 0.3657 | -2.7% |
| 2005 | 0.3606 | -1.4% |
| 2006 | 0.363 | +0.7% |
| 2007 | 0.4623 | +27.4% |
| 2008 | 0.4663 | +0.9% |
| 2009 | 0.4579 | -1.8% |
| 2010 | 0.4719 | +3.1% |
| 2011 | 0.4517 | -4.3% |
| 2012 | 0.4354 | -3.6% |
| 2013 | 0.4414 | +1.4% |
| 2014 | 0.4196 | -4.9% |
| 2015 | 0.4012 | -4.4% |
| 2016 | 0.3918 | -2.3% |
| 2017 | 0.4392 | +12.1% |
| 2018 | 0.4547 | +3.5% |
| 2019 | 0.4612 | +1.4% |
| 2020 | 0.4819 | +4.5% |
Bahamas compared with similar countries
- Bahamas's 0.4819 is below the median for high income countries, which is 0.4828, 100% of the median. (62 countries reporting)
- Bahamas's 0.4819 is above the median for Latin America & Caribbean, which is 0.2814, 1.7× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +27.4% | 0.363 | 0.4623 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2842 | 0.2684 | 0.3038 | 10 |
| 1990s | 0.3323 | 0.3171 | 0.3611 | 10 |
| 2000s | 0.3932 | 0.337 | 0.4663 | 10 |
| 2010s | 0.4368 | 0.3918 | 0.4719 | 10 |
| 2020s | 0.4819 | 0.4819 | 0.4819 | 1 |
Countries ranked near Bahamas
More financial sector data for Bahamas
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 65.53 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 47.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 65.53 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Bahamas?
- Financial development index in Bahamas was 0.4819 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Bahamas?
- The highest recorded value was 0.4819 in 2020.
- What is the lowest financial development index recorded in Bahamas?
- The lowest recorded value was 0.2684 in 1985.
- How does Bahamas rank for financial development index?
- Bahamas ranks 41st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Bahamas?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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.