Turkmenistan: Financial development

* indicates monthly or quarterly data series
 Turkmenistan

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
The latest value from 2021 is 0.105 index points, an increase from 0.103 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Turkmenistan from 1998 to 2021 is 0.101 index points. The minimum value, 0.088 index points, was reached in 2006 while the maximum of 0.125 index points was recorded in 2001. 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
Turkmenistan - Financial development - Recent values chart

Historical series
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.

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 0.105 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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