Estonia: Financial institutions development, depth
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Estonia |
Financial institutions development, depth |
---|---|
Latest value | 0.274 |
Year | 2021 |
Measure | index points |
Data availability | 1992 - 2021 |
Average | 0.294 |
Min - Max | 0.190 - 0.343 |
Source | International Monetary Fund |
The latest value from 2021 is 0.274 index points, a decline from 0.307 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Estonia from 1992 to 2021 is 0.294 index points. The minimum value, 0.19 index points, was reached in 2004 while the maximum of 0.343 index points was recorded in 2003.
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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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International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Financial development | 0.252 | 2021 | index points |
Financial institutions development | 0.444 | 2021 | index points |
Financial institutions development, depth | 0.274 | 2021 | index points |
Financial institutions development, access | 0.363 | 2021 | index points |
Financial institutions development, efficiency | 0.625 | 2021 | index points |
Financial markets development | 0.051 | 2021 | index points |
Financial markets development, depth | 0.065 | 2021 | index points |
Financial markets development, access | 0.083 | 2021 | index points |