Laos: Financial institutions development

The latest value from 2021 is 0.246 index points, unchanged from 0.246 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Laos from 1989 to 2021 is 0.184 index points. The minimum value, 0.107 index points, was reached in 2002 while the maximum of 0.247 index points was recorded in 2019. 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.