Financial Development Index in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Financial Development Index was 0.2024 in 2020. β² Rising
Financial Development Index in Saint Vincent and the Grenadines, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Saint Vincent and the Grenadines stood at 0.2024.
Compared with earlier readings it is up 0.4% on the previous year and up 4.6% over ten years.
Over the whole period, financial development index in Saint Vincent and the Grenadines peaked at 0.2217 in 2009 and was at its lowest, 0.1333, in 1993.
That places Saint Vincent and the Grenadines 114th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1592 | 0.14 | 0.1857 | 10 |
| 1990s | 0.1503 | 0.1333 | 0.1685 | 10 |
| 2000s | 0.1836 | 0.1653 | 0.2217 | 10 |
| 2010s | 0.1967 | 0.1906 | 0.2025 | 10 |
| 2020s | 0.2024 | 0.2024 | 0.2024 | 1 |
Countries ranked near Saint Vincent and the Grenadines
More financial sector data for Saint Vincent and the Grenadines
- Net domestic credit (current LCU), per capita 16,551 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.11 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 197.01 million SDR (2025)
- Reserves excluding gold 205.34 million SDR (2025)
- Total reserves (gold at market value) 205.34 million SDR (2025)
- Total reserves (gold at national valuation) 205.34 million SDR (2025)
- Domestic credit to private sector by banks 36.6% (2025)
- Total reserves in months of imports 4.75 (2025)
- Net domestic credit 1.65 billion current LCU (2025)
Frequently asked questions
- What is financial development index in Saint Vincent and the Grenadines?
- Financial development index in Saint Vincent and the Grenadines was 0.2024 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 0.2217 in 2009.
- What is the lowest financial development index recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 0.1333 in 1993.
- How does Saint Vincent and the Grenadines rank for financial development index?
- Saint Vincent and the Grenadines ranks 114th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.