Russia: Financial institutions development, depth

* indicates monthly or quarterly data series
 Russia

Financial institutions development, depth

 Latest value 0.198
 Year 2021
 Measure index points
 Data availability 1990 - 2021
 Average 0.113
 Min - Max 0.031 - 0.205
 Source International Monetary Fund
For that indicator, we provide data for Russia from 1990 to 2021. The average value for Russia during that period was 0.113 index points with a minimum of 0.031 index points in 1997 and a maximum of 0.205 index points in 2020. The latest value from 2021 is 0.198 index points. For comparison, the world average in 2021 based on 175 countries is 0.291 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 institutions development, depth - Recent values chart

Historical chart
Russia - Financial institutions development, depth - historical chart - 1990-2021




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 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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