Serbia: Financial markets development

* indicates monthly or quarterly data series
 Serbia

Financial markets development

 Latest value 0.055
 Year 2021
 Measure index points
 Data availability 1994 - 2021
 Average 0.101
 Min - Max 0.048 - 0.218
 Source International Monetary Fund
The latest value from 2021 is 0.055 index points, an increase from 0.053 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Serbia from 1994 to 2021 is 0.101 index points. The minimum value, 0.048 index points, was reached in 2010 while the maximum of 0.218 index points was recorded in 2000. 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
Serbia - Financial markets development - Recent values chart

Historical series
Serbia - Financial markets development - historical chart - 1994-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.256 2021 index points
 Financial institutions development 0.447 2021 index points
 Financial institutions development, depth 0.158 2021 index points
 Financial institutions development, access 0.546 2021 index points
 Financial institutions development, efficiency 0.533 2021 index points
 Financial markets development 0.055 2021 index points
 Financial markets development, depth 0.047 2021 index points
 Financial markets development, efficiency 0.116 2021 index points
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