South Africa: Financial institutions development, depth

* indicates monthly or quarterly data series
 South Africa

Financial institutions development, depth

 Latest value 0.639
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.486
 Min - Max 0.372 - 0.647
 Source International Monetary Fund
The latest value from 2021 is 0.639 index points, a decline from 0.647 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for South Africa from 1980 to 2021 is 0.486 index points. The minimum value, 0.372 index points, was reached in 1980 while the maximum of 0.647 index points was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
South Africa - Financial institutions development, depth - Recent values chart

Historical series
South Africa - Financial institutions development, depth - historical chart - 1980-2021




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.546 2021 index points
 Financial institutions development 0.578 2021 index points
 Financial institutions development, depth 0.639 2021 index points
 Financial institutions development, access 0.285 2021 index points
 Financial institutions development, efficiency 0.655 2021 index points
 Financial markets development 0.492 2021 index points
 Financial markets development, depth 0.672 2021 index points
 Financial markets development, access 0.401 2021 index points
 Financial markets development, efficiency 0.345 2021 index points
This site uses cookies.
Learn more here


OK