Croatia: Financial development

* indicates monthly or quarterly data series
 Croatia

Financial development

 Latest value 0.468
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.399
 Min - Max 0.216 - 0.524
 Source International Monetary Fund
For that indicator, we provide data for Croatia from 1992 to 2021. The average value for Croatia during that period was 0.399 index points with a minimum of 0.216 index points in 1994 and a maximum of 0.524 index points in 2007. The latest value from 2021 is 0.468 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
Croatia - Financial development - Recent values chart

Historical chart
Croatia - Financial development - historical chart - 1992-2021




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 0.468 2021 index points
 Financial institutions development 0.681 2021 index points
 Financial institutions development, depth 0.366 2021 index points
 Financial institutions development, access 0.816 2021 index points
 Financial institutions development, efficiency 0.633 2021 index points
 Financial markets development 0.237 2021 index points
 Financial markets development, depth 0.160 2021 index points
 Financial markets development, access 0.537 2021 index points
 Financial markets development, efficiency 0.018 2021 index points
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