Russia: Financial institutions development

* indicates monthly or quarterly data series
 Russia

Financial institutions development

 Latest value 0.600
 Year 2021
 Measure index points
 Data availability 1990 - 2021
 Average 0.407
 Min - Max 0.197 - 0.604
 Source International Monetary Fund
The latest value from 2021 is 0.6 index points, a decline from 0.604 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Russia from 1990 to 2021 is 0.407 index points. The minimum value, 0.197 index points, was reached in 1995 while the maximum of 0.604 index points was recorded in 2016. 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
Russia - Financial institutions development - Recent values chart

Historical series
Russia - Financial institutions development - historical chart - 1990-2021




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 0.530 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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