Romania: Financial institutions development, depth
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Romania |
Financial institutions development, depth |
---|---|
Latest value | 0.137 |
Year | 2021 |
Measure | index points |
Data availability | 1980 - 2021 |
Average | 0.114 |
Min - Max | 0.038 - 0.171 |
Source | International Monetary Fund |
The latest value from 2021 is 0.137 index points, an increase from 0.131 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Romania from 1980 to 2021 is 0.114 index points. The minimum value, 0.038 index points, was reached in 1996 while the maximum of 0.171 index points was recorded in 1990.
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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 | 0.275 | 2021 | index points |
Financial institutions development | 0.469 | 2021 | index points |
Financial institutions development, depth | 0.137 | 2021 | index points |
Financial institutions development, access | 0.530 | 2021 | index points |
Financial institutions development, efficiency | 0.669 | 2021 | index points |
Financial markets development | 0.071 | 2021 | index points |
Financial markets development, depth | 0.060 | 2021 | index points |
Financial markets development, access | 0.011 | 2021 | index points |
Financial markets development, efficiency | 0.142 | 2021 | index points |