Sao Tome and Principe: Financial institutions development

The latest value from 2021 is 0.239 index points, a decline from 0.259 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Sao Tome and Principe from 1993 to 2021 is 0.176 index points. The minimum value, 0.077 index points, was reached in 1998 while the maximum of 0.311 index points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.