Financial Institutions Index in Bahamas
Bahamas: Financial Institutions Index was 0.6172 in 2020. β² Rising
Financial Institutions Index in Bahamas, 1980β2020
Source: International Monetary Fund.
Analysis
Bahamas recorded 0.6172 for financial institutions index in 2020.
The figure is up 2.8% on the previous year and down 4.3% over ten years.
Over the whole period, financial institutions index in Bahamas peaked at 0.698 in 2013 and was at its lowest, 0.3526, in 1985.
That places Bahamas 37th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3821 | 0.3526 | 0.4209 | 10 |
| 1990s | 0.4723 | 0.4459 | 0.5263 | 10 |
| 2000s | 0.5428 | 0.4468 | 0.6921 | 10 |
| 2010s | 0.6509 | 0.6005 | 0.698 | 10 |
| 2020s | 0.6172 | 0.6172 | 0.6172 | 1 |
Countries ranked near Bahamas
- 34 Chile 0.6299 compare
- 35 Seychelles 0.6277 compare
- 36 China 0.6182 compare
- 38 Ireland 0.601 compare
- 39 Russian Federation 0.6009 compare
- 40 Trinidad and Tobago 0.5907 compare
More financial sector data for Bahamas
- Net domestic credit (current LCU), per capita 27,293 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6917 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.52 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.91 billion SDR (2025)
- Reserves excluding gold 2.05 billion SDR (2025)
- Total reserves (gold at market value) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) 2.05 billion SDR (2025)
- Domestic credit to private sector by banks 40.4% (2024)
Frequently asked questions
- What is financial institutions index in Bahamas?
- Financial institutions index in Bahamas was 0.6172 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Bahamas?
- The highest recorded value was 0.698 in 2013.
- What is the lowest financial institutions index recorded in Bahamas?
- The lowest recorded value was 0.3526 in 1985.
- How does Bahamas rank for financial institutions index?
- Bahamas ranks 37th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Bahamas?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions 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.