China: Financial development

* indicates monthly or quarterly data series
 China

Financial development

 Latest value 0.634
 Year 2021
 Measure index points
 Data availability 1982 - 2021
 Average 0.430
 Min - Max 0.256 - 0.674
 Source International Monetary Fund
For that indicator, we provide data for China from 1982 to 2021. The average value for China during that period was 0.43 index points with a minimum of 0.256 index points in 1989 and a maximum of 0.674 index points in 2020. The latest value from 2021 is 0.634 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.
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* indicates monthly or quarterly data series


Recent values chart
China - Financial development - Recent values chart

Historical chart
China - Financial development - historical chart - 1982-2021




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.


 Related indicators Latest value Reference Measure
 Financial development 0.634 2021 index points
 Financial institutions development 0.608 2021 index points
 Financial institutions development, depth 0.486 2021 index points
 Financial institutions development, access 0.461 2021 index points
 Financial institutions development, efficiency 0.733 2021 index points
 Financial markets development 0.635 2021 index points
 Financial markets development, depth 0.683 2021 index points
 Financial markets development, access 0.186 2021 index points
 Financial markets development, efficiency 1.000 2021 index points
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