Financial Institutions Access Index in Dominica
Dominica: Financial Institutions Access Index was 0.326 in 2020. ▲ Rising
Financial Institutions Access Index in Dominica, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Dominica stood at 0.326.
That represents a change of down 13.5% over ten years.
Over the whole period, financial institutions access index in Dominica peaked at 0.458 in 2013 and was at its lowest, 0.2499, in 1996.
That places Dominica 97th 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 Institutions Access Index in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2687 | — |
| 1981 | 0.2895 | +7.8% |
| 1982 | 0.2962 | +2.3% |
| 1983 | 0.3137 | +5.9% |
| 1984 | 0.2807 | -10.5% |
| 1985 | 0.2952 | +5.2% |
| 1986 | 0.2733 | -7.4% |
| 1987 | 0.2631 | -3.7% |
| 1988 | 0.28 | +6.4% |
| 1989 | 0.2801 | +0.0% |
| 1990 | 0.2988 | +6.7% |
| 1991 | 0.2989 | +0.0% |
| 1992 | 0.2908 | -2.7% |
| 1993 | 0.2749 | -5.5% |
| 1994 | 0.2645 | -3.8% |
| 1995 | 0.255 | -3.6% |
| 1996 | 0.2499 | -2.0% |
| 1997 | 0.2727 | +9.1% |
| 1998 | 0.2851 | +4.6% |
| 1999 | 0.2768 | -2.9% |
| 2000 | 0.3218 | +16.2% |
| 2001 | 0.3732 | +16.0% |
| 2002 | 0.3781 | +1.3% |
| 2003 | 0.3299 | -12.8% |
| 2004 | 0.3342 | +1.3% |
| 2005 | 0.341 | +2.1% |
| 2006 | 0.3402 | -0.3% |
| 2007 | 0.3235 | -4.9% |
| 2008 | 0.3389 | +4.8% |
| 2009 | 0.4018 | +18.6% |
| 2010 | 0.3768 | -6.2% |
| 2011 | 0.4465 | +18.5% |
| 2012 | 0.4445 | -0.5% |
| 2013 | 0.458 | +3.0% |
| 2014 | 0.428 | -6.5% |
| 2015 | 0.4025 | -6.0% |
| 2016 | 0.3732 | -7.3% |
| 2017 | 0.3363 | -9.9% |
| 2018 | 0.3355 | -0.2% |
| 2019 | 0.326 | -2.8% |
| 2020 | 0.326 | +0.0% |
Dominica compared with similar countries
- Dominica's 0.326 is below the median for upper middle income countries, which is 0.3583, 91% of the median. (54 countries reporting)
- Dominica's 0.326 is below the median for Latin America & Caribbean, which is 0.3636, 90% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2841 | 0.2631 | 0.3137 | 10 |
| 1990s | 0.2767 | 0.2499 | 0.2989 | 10 |
| 2000s | 0.3483 | 0.3218 | 0.4018 | 10 |
| 2010s | 0.3927 | 0.326 | 0.458 | 10 |
| 2020s | 0.326 | 0.326 | 0.326 | 1 |
Countries ranked near Dominica
- 94 Suriname 0.3317 compare
- 95 Nepal 0.3304 compare
- 96 El Salvador 0.3261 compare
- 98 Maldives 0.3242 compare
- 99 United Arab Emirates 0.3229 compare
- 100 Trinidad and Tobago 0.3208 compare
More financial sector data for Dominica
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.188 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1373 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.188 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial institutions access index in Dominica?
- Financial institutions access index in Dominica was 0.326 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Dominica?
- The highest recorded value was 0.458 in 2013.
- What is the lowest financial institutions access index recorded in Dominica?
- The lowest recorded value was 0.2499 in 1996.
- How does Dominica rank for financial institutions access index?
- Dominica ranks 97th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Dominica?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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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.