Financial Institutions Index in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Financial Institutions Index was 0.3975 in 2020. ▲ Rising
Financial Institutions Index in Saint Vincent and the Grenadines, 1980–2020
Source: International Monetary Fund.
Analysis
Saint Vincent and the Grenadines recorded 0.3975 for financial institutions index in 2020.
The figure is up 0.4% on the previous year and up 4.6% over ten years.
Over the whole period, financial institutions index in Saint Vincent and the Grenadines peaked at 0.4354 in 2009 and was at its lowest, 0.2619, in 1993.
That places Saint Vincent and the Grenadines 98th out of 183 countries with data for 2020, putting it 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 Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.355 | — |
| 1981 | 0.3647 | +2.7% |
| 1982 | 0.3278 | -10.1% |
| 1983 | 0.3435 | +4.8% |
| 1984 | 0.2885 | -16.0% |
| 1985 | 0.2962 | +2.7% |
| 1986 | 0.2749 | -7.2% |
| 1987 | 0.2832 | +3.0% |
| 1988 | 0.3019 | +6.6% |
| 1989 | 0.2915 | -3.5% |
| 1990 | 0.2691 | -7.7% |
| 1991 | 0.2809 | +4.4% |
| 1992 | 0.2753 | -2.0% |
| 1993 | 0.2619 | -4.9% |
| 1994 | 0.2713 | +3.6% |
| 1995 | 0.309 | +13.9% |
| 1996 | 0.3116 | +0.8% |
| 1997 | 0.3201 | +2.7% |
| 1998 | 0.3228 | +0.8% |
| 1999 | 0.331 | +2.6% |
| 2000 | 0.3445 | +4.1% |
| 2001 | 0.3326 | -3.5% |
| 2002 | 0.3265 | -1.8% |
| 2003 | 0.3246 | -0.6% |
| 2004 | 0.3386 | +4.3% |
| 2005 | 0.3749 | +10.7% |
| 2006 | 0.3775 | +0.7% |
| 2007 | 0.3899 | +3.3% |
| 2008 | 0.3621 | -7.1% |
| 2009 | 0.4354 | +20.2% |
| 2010 | 0.3801 | -12.7% |
| 2011 | 0.3853 | +1.4% |
| 2012 | 0.3744 | -2.8% |
| 2013 | 0.3978 | +6.3% |
| 2014 | 0.3938 | -1.0% |
| 2015 | 0.3874 | -1.6% |
| 2016 | 0.3761 | -2.9% |
| 2017 | 0.3856 | +2.5% |
| 2018 | 0.3867 | +0.3% |
| 2019 | 0.3958 | +2.4% |
| 2020 | 0.3975 | +0.4% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 0.3975 is below the median for upper middle income countries, which is 0.4252, 93% of the median. (54 countries reporting)
- Saint Vincent and the Grenadines's 0.3975 is below the median for Latin America & Caribbean, which is 0.4608, 86% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3127 | 0.2749 | 0.3647 | 10 |
| 1990s | 0.2953 | 0.2619 | 0.331 | 10 |
| 2000s | 0.3607 | 0.3246 | 0.4354 | 10 |
| 2010s | 0.3863 | 0.3744 | 0.3978 | 10 |
| 2020s | 0.3975 | 0.3975 | 0.3975 | 1 |
Countries ranked near Saint Vincent and the Grenadines
More financial sector data for Saint Vincent and the Grenadines
- 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.85 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5 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 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.85 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 Saint Vincent and the Grenadines?
- Financial institutions index in Saint Vincent and the Grenadines was 0.3975 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 0.4354 in 2009.
- What is the lowest financial institutions index recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 0.2619 in 1993.
- How does Saint Vincent and the Grenadines rank for financial institutions index?
- Saint Vincent and the Grenadines ranks 98th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.
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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.