CPIA quality of budgetary and financial management rating in Caribbean Small States
Caribbean Small States: CPIA quality of budgetary and financial management rating was 2.93 1=low to 6=high in 2025. ▼ Falling
CPIA quality of budgetary and financial management rating in Caribbean Small States, 2005–2025
Source: CPIA database, World Bank Group (WBG). Measured in 1=low to 6=high.
Analysis
Caribbean Small States recorded 2.93 1=low to 6=high for cpia quality of budgetary and financial management rating in 2025.
That represents a change of up 7.9% on the previous year and down 5.5% over ten years.
Over the whole period, cpia quality of budgetary and financial management rating in Caribbean Small States peaked at 3.7 1=low to 6=high in 2010 and was at its lowest, 2.71 1=low to 6=high, in 2024.
That places Caribbean Small States 21st out of 42 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
CPIA quality of budgetary and financial management rating in Caribbean Small States, year by year
| Year | 1=low to 6=high | Change |
|---|---|---|
| 2005 | 3.5 1=low to 6=high | — |
| 2006 | 3.5 1=low to 6=high | +0.0% |
| 2007 | 3.6 1=low to 6=high | +2.9% |
| 2008 | 3.6 1=low to 6=high | +0.0% |
| 2009 | 3.6 1=low to 6=high | +0.0% |
| 2010 | 3.7 1=low to 6=high | +2.8% |
| 2011 | 3.6 1=low to 6=high | -2.7% |
| 2012 | 3.6 1=low to 6=high | +0.0% |
| 2013 | 3.5 1=low to 6=high | -2.8% |
| 2014 | 3.2 1=low to 6=high | -8.6% |
| 2015 | 3.1 1=low to 6=high | -3.1% |
| 2016 | 3.1 1=low to 6=high | +0.0% |
| 2017 | 3.1 1=low to 6=high | +0.0% |
| 2018 | 3.1 1=low to 6=high | +0.0% |
| 2019 | 3.2 1=low to 6=high | +3.2% |
| 2020 | 3.2 1=low to 6=high | +0.0% |
| 2021 | 3.2 1=low to 6=high | +0.0% |
| 2022 | 3.2 1=low to 6=high | +0.0% |
| 2023 | 3.2 1=low to 6=high | +0.0% |
| 2024 | 2.71 1=low to 6=high | -15.2% |
| 2025 | 2.93 1=low to 6=high | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.56 1=low to 6=high | 3.5 1=low to 6=high | 3.6 1=low to 6=high | 5 |
| 2010s | 3.32 1=low to 6=high | 3.1 1=low to 6=high | 3.7 1=low to 6=high | 10 |
| 2020s | 3.07 1=low to 6=high | 2.71 1=low to 6=high | 3.2 1=low to 6=high | 6 |
More public sector data for Caribbean Small States
- Tax revenue 17.7% (2017)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 2.4% (2017)
- Net lending (+) / net borrowing (-) -5.5% (2017)
- Interest payments 13.2% (2019)
- Grants and other revenue 18.7% (2019)
- Interest payments 9.6% (2019)
- Other taxes 16.1% (2019)
- Compensation of employees 32.1% (2019)
Frequently asked questions
- What is cpia quality of budgetary and financial management rating in Caribbean Small States?
- Cpia quality of budgetary and financial management rating in Caribbean Small States was 2.93 1=low to 6=high in 2025, according to CPIA database, World Bank Group (WBG).
- What is the highest cpia quality of budgetary and financial management rating recorded in Caribbean Small States?
- The highest recorded value was 3.7 1=low to 6=high in 2010.
- What is the lowest cpia quality of budgetary and financial management rating recorded in Caribbean Small States?
- The lowest recorded value was 2.71 1=low to 6=high in 2024.
- How does Caribbean Small States rank for cpia quality of budgetary and financial management rating?
- Caribbean Small States ranks 21st out of 42 groups with data for 2025.
- Is cpia quality of budgetary and financial management rating rising or falling in Caribbean Small States?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
- Where does this Caribbean Small States data come from?
- The figures come from CPIA database, World Bank Group (WBG), published as part of CPIA quality of budgetary and financial management rating (1=low to 6=high). Statizoid updates them automatically from the source API.
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About this data
The CPIA measures the extent to which a country’s policy and institutional framework supports sustainable growth and poverty reduction, and consequently the effective use of development assistance. The outcome of the exercise yields both an overall score and scores for sixteen criteria that compose the CPIA. These criteria include: A. Economic Management (1. Monetary and Exchange Rate Policies; 2. Fiscal Policy; 3. Debt Policy and Management), B. Structural Policies (4. Trade; 5. Financial Sector; 6. Business Regulatory Environment), C. Policies for Social Inclusion/Equity (7. Gender equality; 8. Equity of public resource use; 9. Building human resources; 10. Social protection and labor; 11. Policies and institutions for environmental sustainability), D. Public Sector Management and Institutions (12. Property rights and rule-based governance; 13. Quality of budgetary and financial management; 14. Efficiency of revenue mobilization; 15. Quality of public administration; 16. Transparency, accountability, and corruption in the public sector). The quality of budgetary and financial management criterion assesses the extent to which there is: (a) a comprehensive and credible budget, linked to policy priorities; (b) effective financial management systems to ensure that the budget is implemented as intended in a controlled and predictable way; and (c) timely and accurate accounting and fiscal reporting, including timely audit of public accounts and effective arrangements for follow up.