Lithuania: Financial institutions development, depth

* indicates monthly or quarterly data series
 Lithuania

Financial institutions development, depth

 Latest value 0.203
 Year 2021
 Measure index points
 Data availability 1993 - 2021
 Average 0.186
 Min - Max 0.094 - 0.329
 Source International Monetary Fund
The latest value from 2021 is 0.203 index points, an increase from 0.195 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Lithuania from 1993 to 2021 is 0.186 index points. The minimum value, 0.094 index points, was reached in 1996 while the maximum of 0.329 index points was recorded in 2007. 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 data
Lithuania - Financial institutions development, depth - Recent values chart

Historical series
Lithuania - Financial institutions development, depth - historical chart - 1993-2021




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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 Related indicators Latest Reference Measure
 Financial development 0.197 2021 index points
 Financial institutions development 0.358 2021 index points
 Financial institutions development, depth 0.203 2021 index points
 Financial institutions development, access 0.263 2021 index points
 Financial institutions development, efficiency 0.580 2021 index points
 Financial markets development 0.027 2021 index points
 Financial markets development, depth 0.039 2021 index points
 Financial markets development, access 0.039 2021 index points
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