Ecuador: Financial institutions development, depth

* indicates monthly or quarterly data series
 Ecuador

Financial institutions development, depth

 Latest value 0.157
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.089
 Min - Max 0.034 - 0.159
 Source International Monetary Fund
For that indicator, we provide data for Ecuador from 1980 to 2021. The average value for Ecuador during that period was 0.089 index points with a minimum of 0.034 index points in 1989 and a maximum of 0.159 index points in 2020. The latest value from 2021 is 0.157 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
Ecuador - Financial institutions development, depth - Recent values chart

Historical chart
Ecuador - Financial institutions development, depth - historical chart - 1980-2021




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.

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 Related indicators Latest value Reference Measure
 Financial development 0.170 2021 index points
 Financial institutions development 0.308 2021 index points
 Financial institutions development, depth 0.157 2021 index points
 Financial institutions development, access 0.280 2021 index points
 Financial institutions development, efficiency 0.444 2021 index points
 Financial markets development 0.025 2021 index points
 Financial markets development, depth 0.035 2021 index points
 Financial markets development, access 0.006 2021 index points
 Financial markets development, efficiency 0.030 2021 index points
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