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
For that indicator, we provide data for Eritrea from 1995 to 2021. The average value for Eritrea during that period was 0.089 index points with a minimum of 0.055 index points in 2011 and a maximum of 0.158 index points in 1998. The latest value from 2021 is 0.065 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.
Select indicator
* indicates monthly or quarterly data series


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

Historical chart
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.


 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
This site uses cookies.
Learn more here


OK