Financial Institutions Efficiency Index in Trinidad and Tobago
Trinidad and Tobago: Financial Institutions Efficiency Index was 0.6316 in 2020. β² Rising
Financial Institutions Efficiency Index in Trinidad and Tobago, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Trinidad and Tobago stood at 0.6316.
Compared with earlier readings it is down 3.8% on the previous year and down 5.1% over ten years.
Over the whole period, financial institutions efficiency index in Trinidad and Tobago peaked at 0.7529 in 1987 and was at its lowest, 0.4418, in 1980.
Trinidad and Tobago ranks 57th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6042 | 0.4418 | 0.7529 | 10 |
| 1990s | 0.5743 | 0.5227 | 0.6554 | 10 |
| 2000s | 0.6176 | 0.5703 | 0.6582 | 10 |
| 2010s | 0.6036 | 0.5289 | 0.6656 | 10 |
| 2020s | 0.6316 | 0.6316 | 0.6316 | 1 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Net domestic credit (current LCU), per capita 91,158 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4.81 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 12.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.20 million SDR (2025)
- Gold reserves at market value 200.89 million SDR (2025)
- Reserves excluding gold, foreign exchange 2.82 billion SDR (2025)
- Reserves excluding gold 3.72 billion SDR (2025)
- Total reserves (gold at market value) 3.92 billion SDR (2025)
- Total reserves (gold at national valuation) 3.92 billion SDR (2025)
- Domestic credit to private sector by banks 50.3% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Trinidad and Tobago?
- Financial institutions efficiency index in Trinidad and Tobago was 0.6316 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Trinidad and Tobago?
- The highest recorded value was 0.7529 in 1987.
- What is the lowest financial institutions efficiency index recorded in Trinidad and Tobago?
- The lowest recorded value was 0.4418 in 1980.
- How does Trinidad and Tobago rank for financial institutions efficiency index?
- Trinidad and Tobago ranks 57th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 5.1%. 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 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.