Singapore: Financial institutions development

* indicates monthly or quarterly data series
 Singapore

Financial institutions development

 Latest value 0.761
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.690
 Min - Max 0.587 - 0.782
 Source International Monetary Fund
For that indicator, we provide data for Singapore from 1980 to 2021. The average value for Singapore during that period was 0.69 index points with a minimum of 0.587 index points in 1988 and a maximum of 0.782 index points in 2001. The latest value from 2021 is 0.761 index points. For comparison, the world average in 2021 based on 178 countries is 0.436 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
Singapore - Financial institutions development - Recent values chart

Historical chart
Singapore - Financial institutions development - historical chart - 1980-2021




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.


 Related indicators Latest value Reference Measure
 Financial development 0.704 2021 index points
 Financial institutions development 0.761 2021 index points
 Financial institutions development, depth 1.000 2021 index points
 Financial institutions development, access 0.321 2021 index points
 Financial institutions development, efficiency 0.694 2021 index points
 Financial markets development 0.620 2021 index points
 Financial markets development, depth 0.776 2021 index points
 Financial markets development, access 0.822 2021 index points
 Financial markets development, efficiency 0.202 2021 index points
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