Kuwait: Financial institutions development, depth
* indicates monthly or quarterly data series
Kuwait |
Financial institutions development, depth |
---|---|
Latest value | 0.237 |
Year | 2021 |
Measure | index points |
Data availability | 1980 - 2021 |
Average | 0.151 |
Min - Max | 0.059 - 0.274 |
Source | International Monetary Fund |
The latest value from 2021 is 0.237 index points, a decline from 0.274 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Kuwait from 1980 to 2021 is 0.151 index points. The minimum value, 0.059 index points, was reached in 1993 while the maximum of 0.274 index points was recorded in 2020.
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Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Financial development | 0.400 | 2021 | index points |
Financial institutions development | 0.513 | 2021 | index points |
Financial institutions development, depth | 0.237 | 2021 | index points |
Financial institutions development, access | 0.510 | 2021 | index points |
Financial institutions development, efficiency | 0.707 | 2021 | index points |
Financial markets development | 0.270 | 2021 | index points |
Financial markets development, depth | 0.436 | 2021 | index points |
Financial markets development, access | 0.176 | 2021 | index points |
Financial markets development, efficiency | 0.153 | 2021 | index points |