Serbia: Financial markets development, efficiency
* indicates monthly or quarterly data series
| Serbia |
Financial markets development, efficiency |
|---|---|
| Latest value | 0.116 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1994 - 2021 |
| Average | 0.251 |
| Min - Max | 0.059 - 0.637 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.116 index points, unchanged from 0.116 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Serbia from 1994 to 2021 is 0.251 index points. The minimum value, 0.059 index points, was reached in 2009 while the maximum of 0.637 index points was recorded in 2000.
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Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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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 |