Financial Institutions Access Index in Saint Kitts and Nevis
Saint Kitts and Nevis: Financial Institutions Access Index was 0.8814 in 2020. ▲ Rising
Financial Institutions Access Index in Saint Kitts and Nevis, 1980–2020
Source: International Monetary Fund.
Analysis
Saint Kitts and Nevis recorded 0.8814 for financial institutions access index in 2020.
Compared with earlier readings it is up 2.4% on the previous year and up 9.7% over ten years.
Over the whole period, financial institutions access index in Saint Kitts and Nevis peaked at 0.9296 in 2013 and was at its lowest, 0.6887, in 1986.
Saint Kitts and Nevis ranks 7th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Saint Kitts and Nevis, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.8467 | — |
| 1981 | 0.8249 | -2.6% |
| 1982 | 0.8238 | -0.1% |
| 1983 | 0.8522 | +3.4% |
| 1984 | 0.7974 | -6.4% |
| 1985 | 0.7323 | -8.2% |
| 1986 | 0.6887 | -6.0% |
| 1987 | 0.7031 | +2.1% |
| 1988 | 0.7881 | +12.1% |
| 1989 | 0.7818 | -0.8% |
| 1990 | 0.7784 | -0.4% |
| 1991 | 0.7816 | +0.4% |
| 1992 | 0.8031 | +2.8% |
| 1993 | 0.8289 | +3.2% |
| 1994 | 0.8096 | -2.3% |
| 1995 | 0.8236 | +1.7% |
| 1996 | 0.8192 | -0.5% |
| 1997 | 0.7835 | -4.4% |
| 1998 | 0.7875 | +0.5% |
| 1999 | 0.8215 | +4.3% |
| 2000 | 0.7955 | -3.2% |
| 2001 | 0.8057 | +1.3% |
| 2002 | 0.8017 | -0.5% |
| 2003 | 0.8108 | +1.1% |
| 2004 | 0.8484 | +4.6% |
| 2005 | 0.8667 | +2.2% |
| 2006 | 0.8622 | -0.5% |
| 2007 | 0.7574 | -12.2% |
| 2008 | 0.7767 | +2.6% |
| 2009 | 0.8065 | +3.8% |
| 2010 | 0.8032 | -0.4% |
| 2011 | 0.8321 | +3.6% |
| 2012 | 0.839 | +0.8% |
| 2013 | 0.9296 | +10.8% |
| 2014 | 0.9043 | -2.7% |
| 2015 | 0.9056 | +0.1% |
| 2016 | 0.8608 | -4.9% |
| 2017 | 0.8016 | -6.9% |
| 2018 | 0.8436 | +5.2% |
| 2019 | 0.8608 | +2.0% |
| 2020 | 0.8814 | +2.4% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 0.8814 is above the median for high income countries, which is 0.5313, 1.7× the median. (62 countries reporting)
- Saint Kitts and Nevis's 0.8814 is above the median for Latin America & Caribbean, which is 0.3636, 2.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7839 | 0.6887 | 0.8522 | 10 |
| 1990s | 0.8037 | 0.7784 | 0.8289 | 10 |
| 2000s | 0.8132 | 0.7574 | 0.8667 | 10 |
| 2010s | 0.858 | 0.8016 | 0.9296 | 10 |
| 2020s | 0.8814 | 0.8814 | 0.8814 | 1 |
Countries ranked near Saint Kitts and Nevis
- 4 Bulgaria 0.9055 compare
- 5 Seychelles 0.8962 compare
- 6 Japan 0.8824 compare
- 8 Portugal 0.8703 compare
- 9 United States 0.8347 compare
- 10 Switzerland 0.8345 compare
More financial sector data for Saint Kitts and Nevis
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 28.67 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 20.93 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 28.67 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 Saint Kitts and Nevis?
- Financial institutions access index in Saint Kitts and Nevis was 0.8814 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Saint Kitts and Nevis?
- The highest recorded value was 0.9296 in 2013.
- What is the lowest financial institutions access index recorded in Saint Kitts and Nevis?
- The lowest recorded value was 0.6887 in 1986.
- How does Saint Kitts and Nevis rank for financial institutions access index?
- Saint Kitts and Nevis ranks 7th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis 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.
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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.