Financial Institutions Index in Grenada
Grenada: Financial Institutions Index was 0.456 in 2020. β² Rising
Financial Institutions Index in Grenada, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions index in Grenada is 0.456, measured in 2020.
The figure is down 2.6% on the previous year and down 16.7% over ten years.
Over the whole period, financial institutions index in Grenada peaked at 0.5918 in 2006 and was at its lowest, 0.2517, in 1982.
Grenada ranks 75th 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 | 0.2739 | 0.2517 | 0.3111 | 10 |
| 1990s | 0.388 | 0.3214 | 0.4441 | 10 |
| 2000s | 0.5287 | 0.4525 | 0.5918 | 10 |
| 2010s | 0.4906 | 0.4498 | 0.5475 | 10 |
| 2020s | 0.456 | 0.456 | 0.456 | 1 |
Countries ranked near Grenada
More financial sector data for Grenada
- Net domestic credit (current LCU), per capita 13,150 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 30.78 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 294.62 million SDR (2025)
- Reserves excluding gold 298.03 million SDR (2025)
- Total reserves (gold at market value) 298.03 million SDR (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
- Domestic credit to private sector by banks 57.5% (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 1.54 billion current LCU (2025)
Frequently asked questions
- What is financial institutions index in Grenada?
- Financial institutions index in Grenada was 0.456 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Grenada?
- The highest recorded value was 0.5918 in 2006.
- What is the lowest financial institutions index recorded in Grenada?
- The lowest recorded value was 0.2517 in 1982.
- How does Grenada rank for financial institutions index?
- Grenada ranks 75th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Grenada?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is rising.
- Where does this Grenada 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.