Belgium: Financial development

* indicates monthly or quarterly data series
 Belgium

Financial development

 Latest value 0.632
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.520
 Min - Max 0.115 - 0.727
 Source International Monetary Fund
For that indicator, we provide data for Belgium from 1980 to 2021. The average value for Belgium during that period was 0.52 index points with a minimum of 0.115 index points in 1980 and a maximum of 0.727 index points in 2007. The latest value from 2021 is 0.632 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Belgium - Financial development - Recent values chart

Historical chart
Belgium - Financial development - historical chart - 1980-2021




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles



 Related indicators Latest value Reference Measure
 Financial development 0.632 2021 index points
 Financial institutions development 0.753 2021 index points
 Financial institutions development, depth 0.760 2021 index points
 Financial institutions development, access 0.604 2021 index points
 Financial institutions development, efficiency 0.602 2021 index points
 Financial markets development 0.487 2021 index points
 Financial markets development, depth 0.635 2021 index points
 Financial markets development, access 0.424 2021 index points
 Financial markets development, efficiency 0.350 2021 index points
This site uses cookies.
Learn more here


OK