Hong Kong: Financial development

* indicates monthly or quarterly data series
 Hong Kong

Financial development

 Latest value 0.760
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.648
 Min - Max 0.370 - 0.797
 Source International Monetary Fund
For that indicator, we provide data for Hong Kong from 1980 to 2021. The average value for Hong Kong during that period was 0.648 index points with a minimum of 0.37 index points in 1982 and a maximum of 0.797 index points in 2018. The latest value from 2021 is 0.76 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 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
Hong Kong - Financial development - Recent values chart

Historical chart
Hong Kong - Financial development - historical chart - 1980-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.760 2021 index points
 Financial institutions development 0.793 2021 index points
 Financial institutions development, depth 1.000 2021 index points
 Financial institutions development, access 0.458 2021 index points
 Financial institutions development, efficiency 0.596 2021 index points
 Financial markets development 0.696 2021 index points
 Financial markets development, depth 0.711 2021 index points
 Financial markets development, access 0.726 2021 index points
 Financial markets development, efficiency 0.618 2021 index points
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