Sri Lanka: Financial development

The latest value from 2021 is 0.261 index points, an increase from 0.248 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Sri Lanka from 1980 to 2021 is 0.212 index points. The minimum value, 0.141 index points, was reached in 1991 while the maximum of 0.269 index points was recorded in 2011. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.