Guinea-Bissau: Financial institutions development, depth

* indicates monthly or quarterly data series
 Guinea-Bissau

Financial institutions development, depth

 Latest value 0.033
 Year 2021
 Measure index points
 Data availability 1990 - 2021
 Average 0.012
 Min - Max 0.001 - 0.033
 Source International Monetary Fund
For that indicator, we provide data for Guinea-Bissau from 1990 to 2021. The average value for Guinea-Bissau during that period was 0.012 index points with a minimum of 0.001 index points in 2004 and a maximum of 0.033 index points in 2021. The latest value from 2021 is 0.033 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.
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* indicates monthly or quarterly data series


Recent values chart
Guinea-Bissau - Financial institutions development, depth - Recent values chart

Historical chart
Guinea-Bissau - Financial institutions development, depth - historical chart - 1990-2021




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 0.095 2021 index points
 Financial institutions development 0.187 2021 index points
 Financial institutions development, depth 0.033 2021 index points
 Financial institutions development, access 0.077 2021 index points
 Financial institutions development, efficiency 0.516 2021 index points
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