Financial Institutions Depth Index in Trinidad and Tobago
Trinidad and Tobago: Financial Institutions Depth Index was 0.6694 in 2020. ▲ Rising
Financial Institutions Depth Index in Trinidad and Tobago, 1980–2020
Source: International Monetary Fund.
Analysis
Trinidad and Tobago recorded 0.6694 for financial institutions depth index in 2020. That is the highest value across all 41 years on record.
The figure is up 5.4% on the previous year and up 65.1% over ten years.
Over the whole period, financial institutions depth index in Trinidad and Tobago peaked at 0.6694 in 2020 and was at its lowest, 0.2813, in 1980.
Trinidad and Tobago ranks 28th 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 Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2813 | — |
| 1981 | 0.3075 | +9.3% |
| 1982 | 0.3185 | +3.6% |
| 1983 | 0.387 | +21.5% |
| 1984 | 0.415 | +7.2% |
| 1985 | 0.4112 | -0.9% |
| 1986 | 0.436 | +6.0% |
| 1987 | 0.4514 | +3.5% |
| 1988 | 0.4341 | -3.8% |
| 1989 | 0.4279 | -1.4% |
| 1990 | 0.3795 | -11.3% |
| 1991 | 0.4007 | +5.6% |
| 1992 | 0.4326 | +8.0% |
| 1993 | 0.4271 | -1.3% |
| 1994 | 0.4007 | -6.2% |
| 1995 | 0.438 | +9.3% |
| 1996 | 0.4062 | -7.3% |
| 1997 | 0.4871 | +19.9% |
| 1998 | 0.4347 | -10.8% |
| 1999 | 0.4398 | +1.2% |
| 2000 | 0.4366 | -0.7% |
| 2001 | 0.556 | +27.3% |
| 2002 | 0.6054 | +8.9% |
| 2003 | 0.6328 | +4.5% |
| 2004 | 0.5439 | -14.0% |
| 2005 | 0.4546 | -16.4% |
| 2006 | 0.4303 | -5.3% |
| 2007 | 0.5466 | +27.0% |
| 2008 | 0.3524 | -35.5% |
| 2009 | 0.4754 | +34.9% |
| 2010 | 0.4054 | -14.7% |
| 2011 | 0.3925 | -3.2% |
| 2012 | 0.426 | +8.5% |
| 2013 | 0.4431 | +4.0% |
| 2014 | 0.456 | +2.9% |
| 2015 | 0.542 | +18.9% |
| 2016 | 0.5928 | +9.4% |
| 2017 | 0.6138 | +3.5% |
| 2018 | 0.582 | -5.2% |
| 2019 | 0.6351 | +9.1% |
| 2020 | 0.6694 | +5.4% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.6694 is above the median for high income countries, which is 0.4566, 1.5× the median. (62 countries reporting)
- Trinidad and Tobago's 0.6694 is above the median for Latin America & Caribbean, which is 0.2866, 2.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.387 | 0.2813 | 0.4514 | 10 |
| 1990s | 0.4247 | 0.3795 | 0.4871 | 10 |
| 2000s | 0.5034 | 0.3524 | 0.6328 | 10 |
| 2010s | 0.5089 | 0.3925 | 0.6351 | 10 |
| 2020s | 0.6694 | 0.6694 | 0.6694 | 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 institutions depth index in Trinidad and Tobago?
- Financial institutions depth index in Trinidad and Tobago was 0.6694 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Trinidad and Tobago?
- The highest recorded value was 0.6694 in 2020.
- What is the lowest financial institutions depth index recorded in Trinidad and Tobago?
- The lowest recorded value was 0.2813 in 1980.
- How does Trinidad and Tobago rank for financial institutions depth index?
- Trinidad and Tobago ranks 28th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 65.1%. 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 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.