Austria: Financial institutions development

* indicates monthly or quarterly data series
 Austria

Financial institutions development

 Latest value 0.740
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.573
 Min - Max 0.300 - 0.740
 Source International Monetary Fund
The latest value from 2021 is 0.74 index points, an increase from 0.649 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Austria from 1980 to 2021 is 0.573 index points. The minimum value, 0.3 index points, was reached in 1981 while the maximum of 0.74 index points was recorded in 2021. 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 data
Austria - Financial institutions development - Recent values chart

Historical series
Austria - Financial institutions development - historical chart - 1980-2021




Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.658 2021 index points
 Financial institutions development 0.740 2021 index points
 Financial institutions development, depth 0.731 2021 index points
 Financial institutions development, access 0.645 2021 index points
 Financial institutions development, efficiency 0.533 2021 index points
 Financial markets development 0.551 2021 index points
 Financial markets development, depth 0.452 2021 index points
 Financial markets development, access 0.825 2021 index points
 Financial markets development, efficiency 0.372 2021 index points
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