Burkina Faso: Financial institutions development, depth

* indicates monthly or quarterly data series
 Burkina Faso

Financial institutions development, depth

 Latest value 0.101
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.050
 Min - Max 0.021 - 0.101
 Source International Monetary Fund
For that indicator, we provide data for Burkina Faso from 1980 to 2021. The average value for Burkina Faso during that period was 0.05 index points with a minimum of 0.021 index points in 1995 and a maximum of 0.101 index points in 2021. The latest value from 2021 is 0.101 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 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
Burkina Faso - Financial institutions development, depth - Recent values chart

Historical chart
Burkina Faso - 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.


 Related indicators Latest value Reference Measure
 Financial development 0.125 2021 index points
 Financial institutions development 0.244 2021 index points
 Financial institutions development, depth 0.101 2021 index points
 Financial institutions development, access 0.054 2021 index points
 Financial institutions development, efficiency 0.653 2021 index points
 Financial markets development 0.001 2021 index points
 Financial markets development, depth 0.002 2021 index points
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