Albania: Financial markets development, depth
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Albania |
Financial markets development, depth |
---|---|
Latest value | 0.022 |
Year | 2021 |
Measure | index points |
Data availability | 1992 - 2021 |
Average | 0.017 |
Min - Max | 0.007 - 0.039 |
Source | International Monetary Fund |
The latest value from 2021 is 0.022 index points, an increase from 0.021 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for Albania from 1992 to 2021 is 0.017 index points. The minimum value, 0.007 index points, was reached in 2008 while the maximum of 0.039 index points was recorded in 1992.
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Definition: Measures the depth (size) of financial markets using the principal component methodology with the following variables: Stock market capitalization to GDP; Stocks traded to GDP; International debt securities of government to GDP; Total debt securities of financial corporations to GDP; and Total debt securities of nonfinancial corporations to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Financial development | 0.203 | 2021 | index points |
Financial institutions development | 0.391 | 2021 | index points |
Financial institutions development, depth | 0.125 | 2021 | index points |
Financial institutions development, access | 0.373 | 2021 | index points |
Financial institutions development, efficiency | 0.650 | 2021 | index points |
Financial markets development | 0.008 | 2021 | index points |
Financial markets development, depth | 0.022 | 2021 | index points |