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
The latest value from 2021 is 0.468 index points, a decline from 0.486 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Croatia from 1992 to 2021 is 0.399 index points. The minimum value, 0.216 index points, was reached in 1994 while the maximum of 0.524 index points was recorded in 2007. 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
Croatia - Financial development - Recent values chart

Historical series
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.

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International lending and sovereign debt

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 Related indicators Latest 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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