Financial Markets Depth Index in Grenada
Grenada: Financial Markets Depth Index was 0.2552 in 2020. ▲ Rising
Financial Markets Depth Index in Grenada, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial markets depth index in Grenada is 0.2552, measured in 2020.
The figure is up 27.7% over ten years.
Over the whole period, financial markets depth index in Grenada peaked at 0.2615 in 2001 and was at its lowest, 0.1416, in 1982.
Grenada ranks 59th 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 Markets Depth Index in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1434 | — |
| 1981 | 0.1432 | -0.1% |
| 1982 | 0.1416 | -1.1% |
| 1983 | 0.1468 | +3.7% |
| 1984 | 0.1516 | +3.3% |
| 1985 | 0.148 | -2.4% |
| 1986 | 0.1489 | +0.7% |
| 1987 | 0.1574 | +5.7% |
| 1988 | 0.1694 | +7.6% |
| 1989 | 0.1738 | +2.6% |
| 1990 | 0.1796 | +3.3% |
| 1991 | 0.1837 | +2.3% |
| 1992 | 0.1906 | +3.8% |
| 1993 | 0.2149 | +12.7% |
| 1994 | 0.2211 | +2.9% |
| 1995 | 0.2238 | +1.2% |
| 1996 | 0.2287 | +2.2% |
| 1997 | 0.2335 | +2.1% |
| 1998 | 0.2337 | +0.1% |
| 1999 | 0.2441 | +4.4% |
| 2000 | 0.2471 | +1.2% |
| 2001 | 0.2615 | +5.8% |
| 2002 | 0.2615 | +0.0% |
| 2003 | 0.2606 | -0.3% |
| 2004 | 0.257 | -1.4% |
| 2005 | 0.2215 | -13.8% |
| 2006 | 0.2204 | -0.5% |
| 2007 | 0.203 | -7.9% |
| 2008 | 0.1864 | -8.1% |
| 2009 | 0.1997 | +7.1% |
| 2010 | 0.1997 | +0.0% |
| 2011 | 0.1978 | -1.0% |
| 2012 | 0.1978 | +0.0% |
| 2013 | 0.1978 | +0.0% |
| 2014 | 0.1978 | +0.0% |
| 2015 | 0.1823 | -7.8% |
| 2016 | 0.2552 | +40.0% |
| 2017 | 0.2552 | +0.0% |
| 2018 | 0.2552 | +0.0% |
| 2019 | 0.2552 | +0.0% |
| 2020 | 0.2552 | +0.0% |
Grenada compared with similar countries
- Grenada's 0.2552 is above the median for upper middle income countries, which is 0.0427, 6.0× the median. (54 countries reporting)
- Grenada's 0.2552 is above the median for Latin America & Caribbean, which is 0.0571, 4.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Markets Depth Index in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +40.0% | 0.1823 | 0.2552 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1524 | 0.1416 | 0.1738 | 10 |
| 1990s | 0.2154 | 0.1796 | 0.2441 | 10 |
| 2000s | 0.2319 | 0.1864 | 0.2615 | 10 |
| 2010s | 0.2194 | 0.1823 | 0.2552 | 10 |
| 2020s | 0.2552 | 0.2552 | 0.2552 | 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 markets depth index in Grenada?
- Financial markets depth index in Grenada was 0.2552 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Grenada?
- The highest recorded value was 0.2615 in 2001.
- What is the lowest financial markets depth index recorded in Grenada?
- The lowest recorded value was 0.1416 in 1982.
- How does Grenada rank for financial markets depth index?
- Grenada ranks 59th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Grenada?
- Over the last ten years it is up 27.7%. 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 Markets Depth Index. Statizoid updates them automatically from the source API.
Download this data
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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.