Russia: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 Russia

Financial institutions development, efficiency

 Latest value 0.645
 Year 2021
 Measure index points
 Data availability 1990 - 2021
 Average 0.451
 Min - Max 0.269 - 0.648
 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 0.451 index points with a minimum of 0.269 index points in 2009 and a maximum of 0.648 index points in 2020. The latest value from 2021 is 0.645 index points. For comparison, the world average in 2021 based on 178 countries is 0.585 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, efficiency - Recent values chart

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




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. 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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