Croatia: Financial institutions development, depth

* indicates monthly or quarterly data series
 Croatia

Financial institutions development, depth

 Latest value 0.366
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.249
 Min - Max 0.127 - 0.387
 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 0.249 index points with a minimum of 0.127 index points in 1996 and a maximum of 0.387 index points in 2020. The latest value from 2021 is 0.366 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 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 institutions development, depth - Recent values chart

Historical chart
Croatia - Financial institutions development, depth - historical chart - 1992-2021




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See 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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