Aruba: Financial development

* indicates monthly or quarterly data series

Financial development

 Latest value 0.290
 Year 2021
 Measure index points
 Data availability 1986 - 2021
 Average 0.245
 Min - Max 0.199 - 0.299
 Source International Monetary Fund
For that indicator, we provide data for Aruba from 1986 to 2021. The average value for Aruba during that period was 0.245 index points with a minimum of 0.199 index points in 1999 and a maximum of 0.299 index points in 2016. The latest value from 2021 is 0.29 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Aruba - Financial development - Recent values chart

Historical chart
Aruba - Financial development - historical chart - 1986-2021

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

 Related indicators Latest value Reference Measure
 Financial development 0.290 2021 index points
 Financial institutions development 0.563 2021 index points
 Financial institutions development, depth 0.305 2021 index points
 Financial institutions development, access 0.646 2021 index points
 Financial institutions development, efficiency 0.563 2021 index points
 Financial markets development 0.006 2021 index points
 Financial markets development, depth 0.015 2021 index points
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