Financial Institutions Efficiency Index in Saint Kitts and Nevis
Saint Kitts and Nevis: Financial Institutions Efficiency Index was 0.5979 in 2020. ▬ Flat
Financial Institutions Efficiency Index in Saint Kitts and Nevis, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Saint Kitts and Nevis is 0.5979, measured in 2020.
The figure is up 1.4% on the previous year and down 9.0% over ten years.
Over the whole period, financial institutions efficiency index in Saint Kitts and Nevis peaked at 0.7424 in 2007 and was at its lowest, 0.5203, in 2011.
Saint Kitts and Nevis ranks 85th of 183 countries on this measure, in the middle of the range.
Financial Institutions Efficiency Index in Saint Kitts and Nevis, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.705 | — |
| 1981 | 0.6832 | -3.1% |
| 1982 | 0.6832 | +0.0% |
| 1983 | 0.6981 | +2.2% |
| 1984 | 0.6561 | -6.0% |
| 1985 | 0.5942 | -9.4% |
| 1986 | 0.5767 | -2.9% |
| 1987 | 0.5789 | +0.4% |
| 1988 | 0.6206 | +7.2% |
| 1989 | 0.6017 | -3.0% |
| 1990 | 0.6039 | +0.4% |
| 1991 | 0.5992 | -0.8% |
| 1992 | 0.6145 | +2.6% |
| 1993 | 0.6378 | +3.8% |
| 1994 | 0.6241 | -2.1% |
| 1995 | 0.6265 | +0.4% |
| 1996 | 0.6294 | +0.5% |
| 1997 | 0.5941 | -5.6% |
| 1998 | 0.5966 | +0.4% |
| 1999 | 0.6872 | +15.2% |
| 2000 | 0.6539 | -4.8% |
| 2001 | 0.6952 | +6.3% |
| 2002 | 0.6661 | -4.2% |
| 2003 | 0.6227 | -6.5% |
| 2004 | 0.6792 | +9.1% |
| 2005 | 0.7112 | +4.7% |
| 2006 | 0.7386 | +3.9% |
| 2007 | 0.7424 | +0.5% |
| 2008 | 0.685 | -7.7% |
| 2009 | 0.6828 | -0.3% |
| 2010 | 0.6568 | -3.8% |
| 2011 | 0.5203 | -20.8% |
| 2012 | 0.6192 | +19.0% |
| 2013 | 0.6361 | +2.7% |
| 2014 | 0.6112 | -3.9% |
| 2015 | 0.6688 | +9.4% |
| 2016 | 0.6462 | -3.4% |
| 2017 | 0.637 | -1.4% |
| 2018 | 0.6479 | +1.7% |
| 2019 | 0.5899 | -9.0% |
| 2020 | 0.5979 | +1.4% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 0.5979 is below the median for high income countries, which is 0.612, 98% of the median. (62 countries reporting)
- Saint Kitts and Nevis's 0.5979 is above the median for Latin America & Caribbean, which is 0.5723, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6398 | 0.5767 | 0.705 | 10 |
| 1990s | 0.6213 | 0.5941 | 0.6872 | 10 |
| 2000s | 0.6877 | 0.6227 | 0.7424 | 10 |
| 2010s | 0.6233 | 0.5203 | 0.6688 | 10 |
| 2020s | 0.5979 | 0.5979 | 0.5979 | 1 |
Countries ranked near Saint Kitts and Nevis
More financial sector data for Saint Kitts and Nevis
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 28.67 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 20.93 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 28.67 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 Saint Kitts and Nevis?
- Financial institutions efficiency index in Saint Kitts and Nevis was 0.5979 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Saint Kitts and Nevis?
- The highest recorded value was 0.7424 in 2007.
- What is the lowest financial institutions efficiency index recorded in Saint Kitts and Nevis?
- The lowest recorded value was 0.5203 in 2011.
- How does Saint Kitts and Nevis rank for financial institutions efficiency index?
- Saint Kitts and Nevis ranks 85th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is flat.
- Where does this Saint Kitts and Nevis 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.
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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.