India: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 India

Financial institutions development, efficiency

 Latest value 0.667
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.631
 Min - Max 0.514 - 0.701
 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 0.631 index points with a minimum of 0.514 index points in 1993 and a maximum of 0.701 index points in 2011. The latest value from 2021 is 0.667 index points. For comparison, the world average in 2021 based on 178 countries is 0.585 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, efficiency - Recent values chart

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




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. 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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