Financial Institutions Efficiency Index in Dominica
Dominica: Financial Institutions Efficiency Index was 0.6298 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Dominica, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Dominica stood at 0.6298.
Compared with earlier readings it is up 0.8% on the previous year and up 1.3% over ten years.
Over the whole period, financial institutions efficiency index in Dominica peaked at 0.7402 in 1983 and was at its lowest, 0.4893, in 1995.
That places Dominica 60th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Financial Institutions Efficiency Index in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.6909 | — |
| 1981 | 0.715 | +3.5% |
| 1982 | 0.7225 | +1.0% |
| 1983 | 0.7402 | +2.4% |
| 1984 | 0.6923 | -6.5% |
| 1985 | 0.7172 | +3.6% |
| 1986 | 0.705 | -1.7% |
| 1987 | 0.6908 | -2.0% |
| 1988 | 0.6908 | +0.0% |
| 1989 | 0.6569 | -4.9% |
| 1990 | 0.6696 | +1.9% |
| 1991 | 0.6667 | -0.4% |
| 1992 | 0.6412 | -3.8% |
| 1993 | 0.5962 | -7.0% |
| 1994 | 0.5257 | -11.8% |
| 1995 | 0.4893 | -6.9% |
| 1996 | 0.5324 | +8.8% |
| 1997 | 0.5577 | +4.8% |
| 1998 | 0.5857 | +5.0% |
| 1999 | 0.6032 | +3.0% |
| 2000 | 0.6191 | +2.6% |
| 2001 | 0.6453 | +4.2% |
| 2002 | 0.6443 | -0.2% |
| 2003 | 0.6021 | -6.6% |
| 2004 | 0.6371 | +5.8% |
| 2005 | 0.5006 | -21.4% |
| 2006 | 0.5527 | +10.4% |
| 2007 | 0.6361 | +15.1% |
| 2008 | 0.6599 | +3.8% |
| 2009 | 0.6171 | -6.5% |
| 2010 | 0.6216 | +0.7% |
| 2011 | 0.6257 | +0.7% |
| 2012 | 0.6235 | -0.4% |
| 2013 | 0.6229 | -0.1% |
| 2014 | 0.6226 | -0.0% |
| 2015 | 0.6215 | -0.2% |
| 2016 | 0.6203 | -0.2% |
| 2017 | 0.6207 | +0.1% |
| 2018 | 0.6218 | +0.2% |
| 2019 | 0.6248 | +0.5% |
| 2020 | 0.6298 | +0.8% |
Dominica compared with similar countries
- Dominica's 0.6298 is above the median for upper middle income countries, which is 0.5976, 1.1× the median. (54 countries reporting)
- Dominica's 0.6298 is above the median for Latin America & Caribbean, which is 0.5723, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7022 | 0.6569 | 0.7402 | 10 |
| 1990s | 0.5868 | 0.4893 | 0.6696 | 10 |
| 2000s | 0.6114 | 0.5006 | 0.6599 | 10 |
| 2010s | 0.6225 | 0.6203 | 0.6257 | 10 |
| 2020s | 0.6298 | 0.6298 | 0.6298 | 1 |
Countries ranked near Dominica
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 efficiency index in Dominica?
- Financial institutions efficiency index in Dominica was 0.6298 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Dominica?
- The highest recorded value was 0.7402 in 1983.
- What is the lowest financial institutions efficiency index recorded in Dominica?
- The lowest recorded value was 0.4893 in 1995.
- How does Dominica rank for financial institutions efficiency index?
- Dominica ranks 60th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Dominica?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is falling.
- Where does this Dominica data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Efficiency 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.