Philippines: Financial markets development, access

* indicates monthly or quarterly data series
 Philippines

Financial markets development, access

 Latest value 0.319
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.321
 Min - Max 0.188 - 0.447
 Source International Monetary Fund
The latest value from 2021 is 0.319 index points, a decline from 0.328 index points in 2020. In comparison, the world average is 0.361 index points, based on data from 114 countries. Historically, the average for the Philippines from 1980 to 2021 is 0.321 index points. The minimum value, 0.188 index points, was reached in 1980 while the maximum of 0.447 index points was recorded in 2004. 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
Philippines - Financial markets development, access - Recent values chart

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




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.

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 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
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