China: Financial markets development

The latest value from 2021 is 0.635 index points, a decline from 0.705 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for China from 1982 to 2021 is 0.448 index points. The minimum value, 0.217 index points, was reached in 1989 while the maximum of 0.705 index points was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.