Financial Institutions Efficiency Index in Jamaica
Jamaica: Financial Institutions Efficiency Index was 0.5191 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Jamaica, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Jamaica is 0.5191, measured in 2020.
Compared with earlier readings it is down 4.2% on the previous year and up 0.9% over ten years.
Over the whole period, financial institutions efficiency index in Jamaica peaked at 0.8171 in 1984 and was at its lowest, 0.3276, in 1996.
That places Jamaica 135th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6626 | 0.5253 | 0.8171 | 10 |
| 1990s | 0.4957 | 0.3276 | 0.7556 | 10 |
| 2000s | 0.5703 | 0.5437 | 0.601 | 10 |
| 2010s | 0.5049 | 0.4203 | 0.5436 | 10 |
| 2020s | 0.5191 | 0.5191 | 0.5191 | 1 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- Net domestic credit (current LCU), per capita 711,957 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 88.96 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.29 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 4.42 billion SDR (2025)
- Reserves excluding gold 4.60 billion SDR (2025)
- Total reserves (gold at market value) 4.60 billion SDR (2025)
- Total reserves (gold at national valuation) 4.60 billion SDR (2025)
- Domestic credit to private sector by banks 45.7% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Jamaica?
- Financial institutions efficiency index in Jamaica was 0.5191 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Jamaica?
- The highest recorded value was 0.8171 in 1984.
- What is the lowest financial institutions efficiency index recorded in Jamaica?
- The lowest recorded value was 0.3276 in 1996.
- How does Jamaica rank for financial institutions efficiency index?
- Jamaica ranks 135th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Jamaica?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Jamaica 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
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.