Denmark: Financial development

* indicates monthly or quarterly data series
 Denmark

Financial development

 Latest value 0.665
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.585
 Min - Max 0.253 - 0.740
 Source International Monetary Fund
The latest value from 2021 is 0.665 index points, a decline from 0.678 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Denmark from 1980 to 2021 is 0.585 index points. The minimum value, 0.253 index points, was reached in 1981 while the maximum of 0.74 index points was recorded in 2010. 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
Denmark - Financial development - Recent values chart

Historical series
Denmark - Financial development - historical chart - 1980-2021




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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 Related indicators Latest Reference Measure
 Financial development 0.665 2021 index points
 Financial institutions development 0.737 2021 index points
 Financial institutions development, depth 1.000 2021 index points
 Financial institutions development, access 0.386 2021 index points
 Financial institutions development, efficiency 0.501 2021 index points
 Financial markets development 0.566 2021 index points
 Financial markets development, depth 0.610 2021 index points
 Financial markets development, access 0.500 2021 index points
 Financial markets development, efficiency 0.556 2021 index points
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