Financial Institutions Index in Grenada
Grenada: Financial Institutions Index was 0.456 in 2020. ▲ Rising
Financial Institutions Index in Grenada, 1980–2020
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.
Financial Institutions Index in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2644 | — |
| 1981 | 0.2641 | -0.1% |
| 1982 | 0.2517 | -4.7% |
| 1983 | 0.2647 | +5.2% |
| 1984 | 0.2751 | +3.9% |
| 1985 | 0.2639 | -4.1% |
| 1986 | 0.2626 | -0.5% |
| 1987 | 0.2796 | +6.5% |
| 1988 | 0.3024 | +8.2% |
| 1989 | 0.3111 | +2.9% |
| 1990 | 0.3214 | +3.3% |
| 1991 | 0.3286 | +2.2% |
| 1992 | 0.3409 | +3.7% |
| 1993 | 0.3866 | +13.4% |
| 1994 | 0.3947 | +2.1% |
| 1995 | 0.4032 | +2.2% |
| 1996 | 0.4065 | +0.8% |
| 1997 | 0.4261 | +4.8% |
| 1998 | 0.4277 | +0.4% |
| 1999 | 0.4441 | +3.8% |
| 2000 | 0.4525 | +1.9% |
| 2001 | 0.4998 | +10.5% |
| 2002 | 0.5337 | +6.8% |
| 2003 | 0.5181 | -2.9% |
| 2004 | 0.5433 | +4.9% |
| 2005 | 0.5206 | -4.2% |
| 2006 | 0.5918 | +13.7% |
| 2007 | 0.5809 | -1.8% |
| 2008 | 0.5229 | -10.0% |
| 2009 | 0.5238 | +0.2% |
| 2010 | 0.5475 | +4.5% |
| 2011 | 0.5299 | -3.2% |
| 2012 | 0.5198 | -1.9% |
| 2013 | 0.5079 | -2.3% |
| 2014 | 0.4868 | -4.2% |
| 2015 | 0.487 | +0.0% |
| 2016 | 0.4498 | -7.6% |
| 2017 | 0.4499 | +0.0% |
| 2018 | 0.459 | +2.0% |
| 2019 | 0.468 | +1.9% |
| 2020 | 0.456 | -2.6% |
Grenada compared with similar countries
- Grenada's 0.456 is above the median for upper middle income countries, which is 0.4252, 1.1× the median. (54 countries reporting)
- Grenada's 0.456 is below the median for Latin America & Caribbean, which is 0.4608, 99% of the median. (33 countries reporting)
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
- 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 13.72 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 10.02 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 13.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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 · JSON — 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.