India: Financial markets development, depth
* indicates monthly or quarterly data series
India |
Financial markets development, depth |
---|---|
Latest value | 0.598 |
Year | 2021 |
Measure | index points |
Data availability | 1980 - 2021 |
Average | 0.346 |
Min - Max | 0.005 - 0.643 |
Source | International Monetary Fund |
The latest value from 2021 is 0.598 index points, a decline from 0.629 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for India from 1980 to 2021 is 0.346 index points. The minimum value, 0.005 index points, was reached in 1980 while the maximum of 0.643 index points was recorded in 2010.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | 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 |