Spain: Financial institutions development

* indicates monthly or quarterly data series
 Spain

Financial institutions development

 Latest value 0.776
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.732
 Min - Max 0.238 - 0.867
 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 0.732 index points with a minimum of 0.238 index points in 1980 and a maximum of 0.867 index points in 2006. The latest value from 2021 is 0.776 index points. For comparison, the world average in 2021 based on 178 countries is 0.436 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 institutions development - Recent values chart

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




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.


 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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