Spain: Financial markets development, efficiency

* indicates monthly or quarterly data series
 Spain

Financial markets development, efficiency

 Latest value 0.796
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.720
 Min - Max 0.066 - 1.000
 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 0.72 index points with a minimum of 0.066 index points in 1980 and a maximum of 1 index points in 1998. The latest value from 2021 is 0.796 index points. For comparison, the world average in 2021 based on 93 countries is 0.325 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 markets development, efficiency - Recent values chart

Historical chart
Spain - Financial markets development, efficiency - historical chart - 1980-2021




Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). 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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