South Africa: Financial markets development, depth

* indicates monthly or quarterly data series
 South Africa

Financial markets development, depth

 Latest value 0.672
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.474
 Min - Max 0.164 - 0.786
 Source International Monetary Fund
The latest value from 2021 is 0.672 index points, a decline from 0.742 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for South Africa from 1980 to 2021 is 0.474 index points. The minimum value, 0.164 index points, was reached in 1984 while the maximum of 0.786 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
South Africa - Financial markets development, depth - Recent values chart

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




Definition: Measures the depth (size) of financial markets using the principal component methodology with the following variables: Stock market capitalization to GDP; Stocks traded to GDP; International debt securities of government to GDP; Total debt securities of financial corporations to GDP; and Total debt securities of nonfinancial corporations to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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What factors determine the exchange rates

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 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
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