Denmark: Financial institutions development

* indicates monthly or quarterly data series
 Denmark

Financial institutions development

 Latest value 0.737
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.761
 Min - Max 0.466 - 0.925
 Source International Monetary Fund
The latest value from 2021 is 0.737 index points, a decline from 0.744 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Denmark from 1980 to 2021 is 0.761 index points. The minimum value, 0.466 index points, was reached in 1982 while the maximum of 0.925 index points was recorded in 2006. 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 institutions development - Recent values chart

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




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.

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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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