Saudi Arabia: Financial development
* indicates monthly or quarterly data series
| Saudi Arabia |
Financial development |
|---|---|
| Latest value | 0.442 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.368 |
| Min - Max | 0.157 - 0.519 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.442 index points, a decline from 0.456 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Saudi Arabia from 1980 to 2021 is 0.368 index points. The minimum value, 0.157 index points, was reached in 1980 while the maximum of 0.519 index points was recorded in 2016.
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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 | Reference | Measure |
|---|---|---|---|
| Financial development | 0.442 | 2021 | index points |
| Financial institutions development | 0.349 | 2021 | index points |
| Financial institutions development, depth | 0.170 | 2021 | index points |
| Financial institutions development, access | 0.359 | 2021 | index points |
| Financial institutions development, efficiency | 0.446 | 2021 | index points |
| Financial markets development | 0.518 | 2021 | index points |
| Financial markets development, depth | 0.694 | 2021 | index points |
| Financial markets development, access | 0.554 | 2021 | index points |
| Financial markets development, efficiency | 0.247 | 2021 | index points |