Belgium: Financial institutions development, depth

* indicates monthly or quarterly data series
 Belgium

Financial institutions development, depth

 Latest value 0.760
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.505
 Min - Max 0.104 - 0.760
 Source International Monetary Fund
The latest value from 2021 is 0.76 index points, an increase from 0.758 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Belgium from 1980 to 2021 is 0.505 index points. The minimum value, 0.104 index points, was reached in 1980 while the maximum of 0.76 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
Belgium - Financial institutions development, depth - Recent values chart

Historical series
Belgium - Financial institutions development, depth - historical chart - 1980-2021




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.

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 Related indicators Latest 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
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