Financial Institutions Depth Index in Grenada
Grenada: Financial Institutions Depth Index was 0.2754 in 2020. β² Rising
Financial Institutions Depth Index in Grenada, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Grenada stood at 0.2754.
Compared with earlier readings it is up 5.2% on the previous year and down 22.5% over ten years.
Over the whole period, financial institutions depth index in Grenada peaked at 0.4005 in 2007 and was at its lowest, 0.0872, in 1984.
That places Grenada 69th 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 | 0.1144 | 0.0872 | 0.1594 | 10 |
| 1990s | 0.2 | 0.1493 | 0.2487 | 10 |
| 2000s | 0.345 | 0.2555 | 0.4005 | 10 |
| 2010s | 0.2981 | 0.2476 | 0.3554 | 10 |
| 2020s | 0.2754 | 0.2754 | 0.2754 | 1 |
Countries ranked near Grenada
More financial sector data for Grenada
- Net domestic credit (current LCU), per capita 13,150 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 30.78 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 294.62 million SDR (2025)
- Reserves excluding gold 298.03 million SDR (2025)
- Total reserves (gold at market value) 298.03 million SDR (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
- Domestic credit to private sector by banks 57.5% (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 1.54 billion current LCU (2025)
Frequently asked questions
- What is financial institutions depth index in Grenada?
- Financial institutions depth index in Grenada was 0.2754 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Grenada?
- The highest recorded value was 0.4005 in 2007.
- What is the lowest financial institutions depth index recorded in Grenada?
- The lowest recorded value was 0.0872 in 1984.
- How does Grenada rank for financial institutions depth index?
- Grenada ranks 69th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Grenada?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth 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.