Syria: Financial markets development, depth

The latest value from 2008 is 0.004 index points, unchanged from 0.004 index points in 2007. In comparison, the world average is 0.223 index points, based on data from 161 countries. Historically, the average for Syria from 1980 to 2008 is 0.003 index points. The minimum value, 0.002 index points, was reached in 1980 while the maximum of 0.004 index points was recorded in 1991. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Measures the depth (size) of financial markets using the principal component methodology with the following variables: Stock market capitalization to GDP; Stocks traded to GDP; International debt securities of government to GDP; Total debt securities of financial corporations to GDP; and Total debt securities of nonfinancial corporations to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.