Aruba: Financial institutions development, depth

* indicates monthly or quarterly data series
 Aruba

Financial institutions development, depth

 Latest value 0.305
 Year 2021
 Measure index points
 Data availability 1986 - 2021
 Average 0.212
 Min - Max 0.162 - 0.305
 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 0.212 index points with a minimum of 0.162 index points in 1986 and a maximum of 0.305 index points in 2020. The latest value from 2021 is 0.305 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 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 institutions development, depth - Recent values chart

Historical chart
Aruba - Financial institutions development, depth - historical chart - 1986-2021




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See 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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