Slovakia: Financial institutions development

The latest value from 2021 is 0.525 index points, a decline from 0.531 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Slovakia from 1991 to 2021 is 0.439 index points. The minimum value, 0.298 index points, was reached in 1995 while the maximum of 0.54 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.