Bulgaria: Financial development

* indicates monthly or quarterly data series
 Bulgaria

Financial development

 Latest value 0.379
 Year 2021
 Measure index points
 Data availability 1988 - 2021
 Average 0.351
 Min - Max 0.229 - 0.448
 Source International Monetary Fund
The latest value from 2021 is 0.379 index points, an increase from 0.378 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Bulgaria from 1988 to 2021 is 0.351 index points. The minimum value, 0.229 index points, was reached in 1999 while the maximum of 0.448 index points was recorded in 1997. 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
Bulgaria - Financial development - Recent values chart

Historical series
Bulgaria - Financial development - historical chart - 1988-2021




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

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 Related indicators Latest Reference Measure
 Financial development 0.379 2021 index points
 Financial institutions development 0.673 2021 index points
 Financial institutions development, depth 0.250 2021 index points
 Financial institutions development, access 0.891 2021 index points
 Financial institutions development, efficiency 0.670 2021 index points
 Financial markets development 0.069 2021 index points
 Financial markets development, depth 0.103 2021 index points
 Financial markets development, access 0.080 2021 index points
 Financial markets development, efficiency 0.015 2021 index points
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