Financial Institutions Depth Index in Jamaica
Jamaica: Financial Institutions Depth Index was 0.7113 in 2020. ▲ Rising
Financial Institutions Depth Index in Jamaica, 1980–2020
Source: International Monetary Fund.
Analysis
Jamaica recorded 0.7113 for financial institutions depth index in 2020. That is the highest value across all 41 years on record.
The figure is up 2.5% on the previous year and up 136.1% over ten years.
Over the whole period, financial institutions depth index in Jamaica peaked at 0.7113 in 2020 and was at its lowest, 0.2248, in 1980.
Jamaica ranks 23rd of 183 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2248 | — |
| 1981 | 0.275 | +22.3% |
| 1982 | 0.3413 | +24.1% |
| 1983 | 0.366 | +7.2% |
| 1984 | 0.3162 | -13.6% |
| 1985 | 0.2756 | -12.8% |
| 1986 | 0.2631 | -4.5% |
| 1987 | 0.3014 | +14.5% |
| 1988 | 0.3453 | +14.6% |
| 1989 | 0.3874 | +12.2% |
| 1990 | 0.3432 | -11.4% |
| 1991 | 0.3245 | -5.5% |
| 1992 | 0.4092 | +26.1% |
| 1993 | 0.4027 | -1.6% |
| 1994 | 0.3712 | -7.8% |
| 1995 | 0.3274 | -11.8% |
| 1996 | 0.278 | -15.1% |
| 1997 | 0.2427 | -12.7% |
| 1998 | 0.239 | -1.6% |
| 1999 | 0.2523 | +5.6% |
| 2000 | 0.2791 | +10.6% |
| 2001 | 0.2768 | -0.8% |
| 2002 | 0.2914 | +5.3% |
| 2003 | 0.2426 | -16.7% |
| 2004 | 0.2401 | -1.0% |
| 2005 | 0.2566 | +6.9% |
| 2006 | 0.2797 | +9.0% |
| 2007 | 0.2908 | +4.0% |
| 2008 | 0.3127 | +7.5% |
| 2009 | 0.3009 | -3.8% |
| 2010 | 0.3013 | +0.1% |
| 2011 | 0.3111 | +3.3% |
| 2012 | 0.3221 | +3.5% |
| 2013 | 0.3215 | -0.2% |
| 2014 | 0.5791 | +80.1% |
| 2015 | 0.5924 | +2.3% |
| 2016 | 0.6007 | +1.4% |
| 2017 | 0.6405 | +6.6% |
| 2018 | 0.6493 | +1.4% |
| 2019 | 0.6937 | +6.9% |
| 2020 | 0.7113 | +2.5% |
Jamaica compared with similar countries
- Jamaica's 0.7113 is above the median for upper middle income countries, which is 0.1919, 3.7× the median. (54 countries reporting)
- Jamaica's 0.7113 is above the median for Latin America & Caribbean, which is 0.2866, 2.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Depth Index in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +80.1% | 0.3215 | 0.5791 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3096 | 0.2248 | 0.3874 | 10 |
| 1990s | 0.319 | 0.239 | 0.4092 | 10 |
| 2000s | 0.2771 | 0.2401 | 0.3127 | 10 |
| 2010s | 0.5012 | 0.3013 | 0.6937 | 10 |
| 2020s | 0.7113 | 0.7113 | 0.7113 | 1 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.2 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 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.64 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.2 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial institutions depth index in Jamaica?
- Financial institutions depth index in Jamaica was 0.7113 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Jamaica?
- The highest recorded value was 0.7113 in 2020.
- What is the lowest financial institutions depth index recorded in Jamaica?
- The lowest recorded value was 0.2248 in 1980.
- How does Jamaica rank for financial institutions depth index?
- Jamaica ranks 23rd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Jamaica?
- Over the last ten years it is up 136.1%. The long-run trend across the full record is rising.
- Where does this Jamaica 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 · 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.