Croatia: Financial institutions development

The latest value from 2021 is 0.681 index points, a decline from 0.684 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Croatia from 1992 to 2021 is 0.543 index points. The minimum value, 0.29 index points, was reached in 1995 while the maximum of 0.697 index points was recorded in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.

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