Ireland: Financial institutions development

The latest value from 2021 is 0.587 index points, a decline from 0.602 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Ireland from 1980 to 2021 is 0.769 index points. The minimum value, 0.587 index points, was reached in 2021 while the maximum of 0.921 index points was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.