Financial Institutions Efficiency Index in Saint Lucia
Saint Lucia: Financial Institutions Efficiency Index was 0.6304 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Saint Lucia, 1980β2020
Source: International Monetary Fund.
Analysis
Saint Lucia recorded 0.6304 for financial institutions efficiency index in 2020.
Compared with earlier readings it is up 0.7% on the previous year and up 13.9% over ten years.
Over the whole period, financial institutions efficiency index in Saint Lucia peaked at 0.7597 in 1980 and was at its lowest, 0.4536, in 2016.
That places Saint Lucia 59th 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 | 0.6516 | 0.5839 | 0.7597 | 10 |
| 1990s | 0.685 | 0.6546 | 0.7447 | 10 |
| 2000s | 0.6536 | 0.6062 | 0.6819 | 10 |
| 2010s | 0.5442 | 0.4536 | 0.6259 | 10 |
| 2020s | 0.6304 | 0.6304 | 0.6304 | 1 |
Countries ranked near Saint Lucia
- 56 Bosnia and Herzegovina 0.6361 compare
- 57 Trinidad and Tobago 0.6316 compare
- 58 Guatemala 0.631 compare
- 60 Dominica 0.6298 compare
- 61 Syrian Arab Republic 0.6292 compare
- 62 Indonesia 0.6283 compare
More financial sector data for Saint Lucia
- Net domestic credit (current LCU), per capita 16,389 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.53 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 304.94 million SDR (2025)
- Reserves excluding gold 326.51 million SDR (2025)
- Total reserves (gold at market value) 326.51 million SDR (2025)
- Total reserves (gold at national valuation) 326.51 million SDR (2025)
- Domestic credit to private sector by banks 51.7% (2025)
- Total reserves in months of imports 2.99 (2025)
- Net domestic credit 2.95 billion current LCU (2025)
Frequently asked questions
- What is financial institutions efficiency index in Saint Lucia?
- Financial institutions efficiency index in Saint Lucia was 0.6304 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Saint Lucia?
- The highest recorded value was 0.7597 in 1980.
- What is the lowest financial institutions efficiency index recorded in Saint Lucia?
- The lowest recorded value was 0.4536 in 2016.
- How does Saint Lucia rank for financial institutions efficiency index?
- Saint Lucia ranks 59th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Saint Lucia?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is falling.
- Where does this Saint Lucia 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.