Luxembourg: Financial institutions development

* indicates monthly or quarterly data series
 Luxembourg

Financial institutions development

 Latest value 0.823
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.811
 Min - Max 0.501 - 0.904
 Source International Monetary Fund
The latest value from 2021 is 0.823 index points, a decline from 0.842 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Luxembourg from 1980 to 2021 is 0.811 index points. The minimum value, 0.501 index points, was reached in 1980 while the maximum of 0.904 index points was recorded in 1987. 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
Luxembourg - Financial institutions development - Recent values chart

Historical series
Luxembourg - Financial institutions development - historical chart - 1980-2021




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.

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 Related indicators Latest Reference Measure
 Financial development 0.708 2021 index points
 Financial institutions development 0.823 2021 index points
 Financial institutions development, depth 0.625 2021 index points
 Financial institutions development, access 0.935 2021 index points
 Financial institutions development, efficiency 0.551 2021 index points
 Financial markets development 0.564 2021 index points
 Financial markets development, depth 0.649 2021 index points
 Financial markets development, access 1.000 2021 index points
 Financial markets development, efficiency 0.001 2021 index points
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