Russia: Financial development

* indicates monthly or quarterly data series
 Russia

Financial development

 Latest value 0.530
 Year 2021
 Measure index points
 Data availability 1984 - 2021
 Average 0.395
 Min - Max 0.000 - 0.576
 Source International Monetary Fund
For that indicator, we provide data for Russia from 1984 to 2021. The average value for Russia during that period was 0.395 index points with a minimum of 0 index points in 1984 and a maximum of 0.576 index points in 2009. The latest value from 2021 is 0.53 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 index points. 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 values chart
Russia - Financial development - Recent values chart

Historical chart
Russia - Financial development - historical chart - 1984-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest value Reference Measure
 Financial development 0.530 2021 index points
 Financial institutions development 0.600 2021 index points
 Financial institutions development, depth 0.198 2021 index points
 Financial institutions development, access 0.790 2021 index points
 Financial institutions development, efficiency 0.645 2021 index points
 Financial markets development 0.439 2021 index points
 Financial markets development, depth 0.312 2021 index points
 Financial markets development, access 0.520 2021 index points
 Financial markets development, efficiency 0.491 2021 index points
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