Sri Lanka: Financial institutions development

* indicates monthly or quarterly data series
 Sri Lanka

Financial institutions development

 Latest value 0.342
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.271
 Min - Max 0.179 - 0.342
 Source International Monetary Fund
The latest value from 2021 is 0.342 index points, an increase from 0.338 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Sri Lanka from 1980 to 2021 is 0.271 index points. The minimum value, 0.179 index points, was reached in 1991 while the maximum of 0.342 index points was recorded in 2021. 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 institutions development - Recent values chart

Historical series
Sri Lanka - 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 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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