Spain: Financial development

* indicates monthly or quarterly data series
 Spain

Financial development

 Latest value 0.803
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.661
 Min - Max 0.142 - 0.901
 Source International Monetary Fund
For that indicator, we provide data for Spain from 1980 to 2021. The average value for Spain during that period was 0.661 index points with a minimum of 0.142 index points in 1980 and a maximum of 0.901 index points in 2017. The latest value from 2021 is 0.803 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 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
Spain - Financial development - Recent values chart

Historical chart
Spain - Financial development - historical chart - 1980-2021




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.


 Related indicators Latest value Reference Measure
 Financial development 0.803 2021 index points
 Financial institutions development 0.776 2021 index points
 Financial institutions development, depth 0.564 2021 index points
 Financial institutions development, access 0.864 2021 index points
 Financial institutions development, efficiency 0.589 2021 index points
 Financial markets development 0.800 2021 index points
 Financial markets development, depth 0.732 2021 index points
 Financial markets development, access 0.849 2021 index points
 Financial markets development, efficiency 0.796 2021 index points
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