Financial Development Index in Trinidad and Tobago
Trinidad and Tobago: Financial Development Index was 0.3637 in 2020. ▲ Rising
Financial Development Index in Trinidad and Tobago, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Trinidad and Tobago is 0.3637, measured in 2020.
Compared with earlier readings it is up 1.0% on the previous year and up 11.6% over ten years.
Over the whole period, financial development index in Trinidad and Tobago peaked at 0.3769 in 1987 and was at its lowest, 0.1898, in 1980.
That places Trinidad and Tobago 63rd 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 Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1898 | — |
| 1981 | 0.1988 | +4.7% |
| 1982 | 0.1991 | +0.2% |
| 1983 | 0.2335 | +17.2% |
| 1984 | 0.2476 | +6.0% |
| 1985 | 0.2637 | +6.5% |
| 1986 | 0.3241 | +22.9% |
| 1987 | 0.3769 | +16.3% |
| 1988 | 0.3689 | -2.1% |
| 1989 | 0.3497 | -5.2% |
| 1990 | 0.3019 | -13.7% |
| 1991 | 0.2977 | -1.4% |
| 1992 | 0.2761 | -7.3% |
| 1993 | 0.2935 | +6.3% |
| 1994 | 0.2552 | -13.0% |
| 1995 | 0.2661 | +4.2% |
| 1996 | 0.2746 | +3.2% |
| 1997 | 0.3174 | +15.6% |
| 1998 | 0.281 | -11.5% |
| 1999 | 0.29 | +3.2% |
| 2000 | 0.2921 | +0.7% |
| 2001 | 0.327 | +11.9% |
| 2002 | 0.3464 | +5.9% |
| 2003 | 0.3508 | +1.3% |
| 2004 | 0.3277 | -6.6% |
| 2005 | 0.3039 | -7.3% |
| 2006 | 0.324 | +6.6% |
| 2007 | 0.3366 | +3.9% |
| 2008 | 0.2811 | -16.5% |
| 2009 | 0.3466 | +23.3% |
| 2010 | 0.3258 | -6.0% |
| 2011 | 0.3081 | -5.4% |
| 2012 | 0.32 | +3.9% |
| 2013 | 0.3134 | -2.1% |
| 2014 | 0.3031 | -3.3% |
| 2015 | 0.3282 | +8.3% |
| 2016 | 0.3622 | +10.3% |
| 2017 | 0.3616 | -0.1% |
| 2018 | 0.3539 | -2.1% |
| 2019 | 0.3601 | +1.8% |
| 2020 | 0.3637 | +1.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.3637 is below the median for high income countries, which is 0.4828, 75% of the median. (62 countries reporting)
- Trinidad and Tobago's 0.3637 is above the median for Latin America & Caribbean, which is 0.2814, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2752 | 0.1898 | 0.3769 | 10 |
| 1990s | 0.2853 | 0.2552 | 0.3174 | 10 |
| 2000s | 0.3236 | 0.2811 | 0.3508 | 10 |
| 2010s | 0.3336 | 0.3031 | 0.3622 | 10 |
| 2020s | 0.3637 | 0.3637 | 0.3637 | 1 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Reserve position in the IMF, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 118.45 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.2193 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 86.49 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 118.45 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.2193 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Trinidad and Tobago?
- Financial development index in Trinidad and Tobago was 0.3637 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Trinidad and Tobago?
- The highest recorded value was 0.3769 in 1987.
- What is the lowest financial development index recorded in Trinidad and Tobago?
- The lowest recorded value was 0.1898 in 1980.
- How does Trinidad and Tobago rank for financial development index?
- Trinidad and Tobago ranks 63rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago 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.