Eritrea: Financial institutions development, depth

* indicates monthly or quarterly data series
 Eritrea

Financial institutions development, depth

 Latest value 0.065
 Year 2021
 Measure index points
 Data availability 1995 - 2021
 Average 0.089
 Min - Max 0.055 - 0.158
 Source International Monetary Fund
The latest value from 2021 is 0.065 index points, unchanged from 0.065 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Eritrea from 1995 to 2021 is 0.089 index points. The minimum value, 0.055 index points, was reached in 2011 while the maximum of 0.158 index points was recorded in 1998. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Eritrea - Financial institutions development, depth - Recent values chart

Historical series
Eritrea - Financial institutions development, depth - historical chart - 1995-2021




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest 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
This site uses cookies.
Learn more here


OK