Georgia: Financial markets development, depth

The latest value from 2021 is 0.062 index points, a decline from 0.069 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for Georgia from 1994 to 2021 is 0.035 index points. The minimum value, 0.004 index points, was reached in 1998 while the maximum of 0.103 index points was recorded in 2016. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Measures the depth (size) of financial markets using the principal component methodology with the following variables: Stock market capitalization to GDP; Stocks traded to GDP; International debt securities of government to GDP; Total debt securities of financial corporations to GDP; and Total debt securities of nonfinancial corporations to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.