Financial Development Index in Saint Lucia
Saint Lucia: Financial Development Index was 0.328 in 2020. ▲ Rising
Financial Development Index in Saint Lucia, 1980–2020
Source: International Monetary Fund.
Analysis
Saint Lucia recorded 0.328 for financial development index in 2020.
The figure is up 1.2% on the previous year and down 3.8% over ten years.
Over the whole period, financial development index in Saint Lucia peaked at 0.3531 in 2008 and was at its lowest, 0.2426, in 1986.
That places Saint Lucia 72nd out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Saint Lucia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.324 | — |
| 1981 | 0.2682 | -17.2% |
| 1982 | 0.2794 | +4.2% |
| 1983 | 0.2976 | +6.5% |
| 1984 | 0.2773 | -6.8% |
| 1985 | 0.2616 | -5.6% |
| 1986 | 0.2426 | -7.3% |
| 1987 | 0.2649 | +9.2% |
| 1988 | 0.2974 | +12.3% |
| 1989 | 0.3194 | +7.4% |
| 1990 | 0.3048 | -4.5% |
| 1991 | 0.3083 | +1.1% |
| 1992 | 0.2943 | -4.5% |
| 1993 | 0.324 | +10.1% |
| 1994 | 0.3346 | +3.3% |
| 1995 | 0.3234 | -3.3% |
| 1996 | 0.3308 | +2.3% |
| 1997 | 0.331 | +0.1% |
| 1998 | 0.3529 | +6.6% |
| 1999 | 0.3357 | -4.9% |
| 2000 | 0.3405 | +1.4% |
| 2001 | 0.3427 | +0.6% |
| 2002 | 0.338 | -1.4% |
| 2003 | 0.3209 | -5.1% |
| 2004 | 0.3386 | +5.5% |
| 2005 | 0.3403 | +0.5% |
| 2006 | 0.3441 | +1.1% |
| 2007 | 0.3531 | +2.6% |
| 2008 | 0.3531 | +0.0% |
| 2009 | 0.3362 | -4.8% |
| 2010 | 0.3408 | +1.4% |
| 2011 | 0.3385 | -0.7% |
| 2012 | 0.3343 | -1.3% |
| 2013 | 0.3287 | -1.6% |
| 2014 | 0.324 | -1.4% |
| 2015 | 0.3078 | -5.0% |
| 2016 | 0.2843 | -7.6% |
| 2017 | 0.3049 | +7.2% |
| 2018 | 0.3069 | +0.7% |
| 2019 | 0.324 | +5.6% |
| 2020 | 0.328 | +1.2% |
Saint Lucia compared with similar countries
- Saint Lucia's 0.328 is above the median for upper middle income countries, which is 0.2539, 1.3× the median. (54 countries reporting)
- Saint Lucia's 0.328 is above the median for Latin America & Caribbean, which is 0.2814, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2832 | 0.2426 | 0.324 | 10 |
| 1990s | 0.324 | 0.2943 | 0.3529 | 10 |
| 2000s | 0.3408 | 0.3209 | 0.3531 | 10 |
| 2010s | 0.3194 | 0.2843 | 0.3408 | 10 |
| 2020s | 0.328 | 0.328 | 0.328 | 1 |
Countries ranked near Saint Lucia
More financial sector data for Saint Lucia
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 11.64 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.5 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 11.64 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 Saint Lucia?
- Financial development index in Saint Lucia was 0.328 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Saint Lucia?
- The highest recorded value was 0.3531 in 2008.
- What is the lowest financial development index recorded in Saint Lucia?
- The lowest recorded value was 0.2426 in 1986.
- How does Saint Lucia rank for financial development index?
- Saint Lucia ranks 72nd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Saint Lucia?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Saint Lucia 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.