Financial Development Index in Bahamas, The
Bahamas, The: Financial Development Index was 0.4819 in 2020. β² Rising
Financial Development Index in Bahamas, The, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Bahamas, The 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, The peaked at 0.4819 in 2020 and was at its lowest, 0.2684, in 1985.
That places Bahamas, The 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.
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, The
More financial sector data for Bahamas, The
- Net domestic credit (current LCU), per capita 27,293 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6917 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.52 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.91 billion SDR (2025)
- Reserves excluding gold 2.05 billion SDR (2025)
- Total reserves (gold at market value) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) 2.05 billion SDR (2025)
- Domestic credit to private sector by banks 40.4% (2024)
Frequently asked questions
- What is financial development index in Bahamas, The?
- Financial development index in Bahamas, The was 0.4819 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Bahamas, The?
- The highest recorded value was 0.4819 in 2020.
- What is the lowest financial development index recorded in Bahamas, The?
- The lowest recorded value was 0.2684 in 1985.
- How does Bahamas, The rank for financial development index?
- Bahamas, The ranks 41st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Bahamas, The?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is rising.
- Where does this Bahamas, The 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 Β· JSON β 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.