Latvia: Financial markets development, access

* indicates monthly or quarterly data series
 Latvia

Financial markets development, access

 Latest value 0.059
 Year 2021
 Measure index points
 Data availability 1993 - 2021
 Average 0.088
 Min - Max 0.041 - 0.168
 Source International Monetary Fund
For that indicator, we provide data for Latvia from 1993 to 2021. The average value for Latvia during that period was 0.088 index points with a minimum of 0.041 index points in 1999 and a maximum of 0.168 index points in 2017. The latest value from 2021 is 0.059 index points. For comparison, the world average in 2021 based on 114 countries is 0.361 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
Latvia - Financial markets development, access - Recent values chart

Historical chart
Latvia - Financial markets development, access - historical chart - 1993-2021




Definition: Measures access to the financial markets using principal components methodology with these variables: Percent of market capitalization outside of top 10 largest companies and Total number of issuers of debt (domestic and external, nonfinancial and financial corporations). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.212 2021 index points
 Financial institutions development 0.382 2021 index points
 Financial institutions development, depth 0.204 2021 index points
 Financial institutions development, access 0.332 2021 index points
 Financial institutions development, efficiency 0.556 2021 index points
 Financial markets development 0.034 2021 index points
 Financial markets development, depth 0.040 2021 index points
 Financial markets development, access 0.059 2021 index points
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