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
The latest value from 2021 is 0.157 index points, a decline from 0.159 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Ecuador from 1980 to 2021 is 0.089 index points. The minimum value, 0.034 index points, was reached in 1989 while the maximum of 0.159 index points was recorded in 2020. 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
Ecuador - Financial institutions development, depth - Recent values chart

Historical series
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 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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