Slovakia: Financial development

* indicates monthly or quarterly data series
 Slovakia

Financial development

 Latest value 0.280
 Year 2021
 Measure index points
 Data availability 1991 - 2021
 Average 0.245
 Min - Max 0.164 - 0.294
 Source International Monetary Fund
The latest value from 2021 is 0.28 index points, a decline from 0.286 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Slovakia from 1991 to 2021 is 0.245 index points. The minimum value, 0.164 index points, was reached in 1995 while the maximum of 0.294 index points was recorded in 2016. 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
Slovakia - Financial development - Recent values chart

Historical series
Slovakia - Financial development - historical chart - 1991-2021




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.

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 0.280 2021 index points
 Financial institutions development 0.525 2021 index points
 Financial institutions development, depth 0.325 2021 index points
 Financial institutions development, access 0.524 2021 index points
 Financial institutions development, efficiency 0.586 2021 index points
 Financial markets development 0.025 2021 index points
 Financial markets development, depth 0.048 2021 index points
 Financial markets development, access 0.018 2021 index points
 Financial markets development, efficiency 0.002 2021 index points
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