Eritrea: Financial development

* indicates monthly or quarterly data series
 Eritrea

Financial development

 Latest value 0.089
 Year 2021
 Measure index points
 Data availability 1995 - 2021
 Average 0.097
 Min - Max 0.087 - 0.120
 Source International Monetary Fund
For that indicator, we provide data for Eritrea from 1995 to 2021. The average value for Eritrea during that period was 0.097 index points with a minimum of 0.087 index points in 2007 and a maximum of 0.12 index points in 2004. The latest value from 2021 is 0.089 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 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
Eritrea - Financial development - Recent values chart

Historical chart
Eritrea - Financial development - historical chart - 1995-2021




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.


 Related indicators Latest value Reference Measure
 Financial development 0.089 2021 index points
 Financial institutions development 0.174 2021 index points
 Financial institutions development, depth 0.065 2021 index points
 Financial institutions development, efficiency 0.540 2021 index points
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