Sri Lanka: Financial development

* indicates monthly or quarterly data series
 Sri Lanka

Financial development

 Latest value 0.261
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.212
 Min - Max 0.141 - 0.269
 Source International Monetary Fund
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 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
Sri Lanka - Financial development - Recent values chart

Historical series
Sri Lanka - 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.261 2021 index points
 Financial institutions development 0.342 2021 index points
 Financial institutions development, depth 0.147 2021 index points
 Financial institutions development, access 0.204 2021 index points
 Financial institutions development, efficiency 0.705 2021 index points
 Financial markets development 0.170 2021 index points
 Financial markets development, depth 0.082 2021 index points
 Financial markets development, access 0.305 2021 index points
 Financial markets development, efficiency 0.132 2021 index points
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