Australia: Financial markets development, efficiency

* indicates monthly or quarterly data series
 Australia

Financial markets development, efficiency

 Latest value 0.880
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.623
 Min - Max 0.102 - 1.000
 Source International Monetary Fund
For that indicator, we provide data for Australia from 1980 to 2021. The average value for Australia during that period was 0.623 index points with a minimum of 0.102 index points in 1980 and a maximum of 1 index points in 2007. The latest value from 2021 is 0.88 index points. For comparison, the world average in 2021 based on 93 countries is 0.325 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
Australia - Financial markets development, efficiency - Recent values chart

Historical chart
Australia - Financial markets development, efficiency - historical chart - 1980-2021




Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest value Reference Measure
 Financial development 0.909 2021 index points
 Financial institutions development 0.913 2021 index points
 Financial institutions development, depth 0.860 2021 index points
 Financial institutions development, access 0.783 2021 index points
 Financial institutions development, efficiency 0.747 2021 index points
 Financial markets development 0.869 2021 index points
 Financial markets development, depth 0.920 2021 index points
 Financial markets development, access 0.759 2021 index points
 Financial markets development, efficiency 0.880 2021 index points
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