Philippines: Financial markets development

* indicates monthly or quarterly data series
 Philippines

Financial markets development

 Latest value 0.363
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.347
 Min - Max 0.206 - 0.499
 Source International Monetary Fund
The latest value from 2021 is 0.363 index points, a decline from 0.37 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for the Philippines from 1980 to 2021 is 0.347 index points. The minimum value, 0.206 index points, was reached in 1980 while the maximum of 0.499 index points was recorded in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Philippines - Financial markets development - Recent values chart

Historical series
Philippines - Financial markets development - historical chart - 1980-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.379 2021 index points
 Financial institutions development 0.380 2021 index points
 Financial institutions development, depth 0.215 2021 index points
 Financial institutions development, access 0.235 2021 index points
 Financial institutions development, efficiency 0.687 2021 index points
 Financial markets development 0.363 2021 index points
 Financial markets development, depth 0.566 2021 index points
 Financial markets development, access 0.319 2021 index points
 Financial markets development, efficiency 0.148 2021 index points
This site uses cookies.
Learn more here


OK