Libya: Financial development

* indicates monthly or quarterly data series

Financial development

 Latest value 0.128
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.135
 Min - Max 0.112 - 0.147
 Source International Monetary Fund
For that indicator, we provide data for Libya from 1980 to 2021. The average value for Libya during that period was 0.135 index points with a minimum of 0.112 index points in 2004 and a maximum of 0.147 index points in 1992. The latest value from 2021 is 0.128 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 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
Libya - Financial development - Recent values chart

Historical chart
Libya - Financial development - historical chart - 1980-2021

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest value Reference Measure
 Financial development 0.128 2021 index points
 Financial institutions development 0.251 2021 index points
 Financial institutions development, depth 0.055 2021 index points
 Financial institutions development, access 0.150 2021 index points
 Financial institutions development, efficiency 0.604 2021 index points
 Financial markets development 0.000 2013 index points
 Financial markets development, depth 0.000 2013 index points
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