Turkmenistan: Financial development

* indicates monthly or quarterly data series

Financial development

 Latest value 0.105
 Year 2021
 Measure index points
 Data availability 1998 - 2021
 Average 0.101
 Min - Max 0.088 - 0.125
 Source International Monetary Fund
For that indicator, we provide data for Turkmenistan from 1998 to 2021. The average value for Turkmenistan during that period was 0.101 index points with a minimum of 0.088 index points in 2006 and a maximum of 0.125 index points in 2001. The latest value from 2021 is 0.105 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 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
Turkmenistan - Financial development - Recent values chart

Historical chart
Turkmenistan - Financial development - historical chart - 1998-2021

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.

 Related indicators Latest value Reference Measure
 Financial development 0.105 2021 index points
 Financial institutions development 0.188 2021 index points
 Financial institutions development, efficiency 0.694 2021 index points
 Financial markets development 0.018 2021 index points
 Financial markets development, depth 0.047 2021 index points
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