India: Financial institutions development, access

* indicates monthly or quarterly data series
 India

Financial institutions development, access

 Latest value 0.266
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.136
 Min - Max 0.080 - 0.268
 Source International Monetary Fund
For that indicator, we provide data for India from 1980 to 2021. The average value for India during that period was 0.136 index points with a minimum of 0.08 index points in 1980 and a maximum of 0.268 index points in 2020. The latest value from 2021 is 0.266 index points. For comparison, the world average in 2021 based on 175 countries is 0.363 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
India - Financial institutions development, access - Recent values chart

Historical chart
India - Financial institutions development, access - historical chart - 1980-2021




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.534 2021 index points
 Financial institutions development 0.464 2021 index points
 Financial institutions development, depth 0.389 2021 index points
 Financial institutions development, access 0.266 2021 index points
 Financial institutions development, efficiency 0.667 2021 index points
 Financial markets development 0.582 2021 index points
 Financial markets development, depth 0.598 2021 index points
 Financial markets development, access 0.196 2021 index points
 Financial markets development, efficiency 0.925 2021 index points
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