Uruguay: Financial development

* indicates monthly or quarterly data series
 Uruguay

Financial development

 Latest value 0.304
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.189
 Min - Max 0.094 - 0.315
 Source International Monetary Fund
The latest value from 2021 is 0.304 index points, a decline from 0.315 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Uruguay from 1980 to 2021 is 0.189 index points. The minimum value, 0.094 index points, was reached in 1997 while the maximum of 0.315 index points was recorded in 2020. 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
Uruguay - Financial development - Recent values chart

Historical series
Uruguay - 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

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 Related indicators Latest Reference Measure
 Financial development 0.304 2021 index points
 Financial institutions development 0.564 2021 index points
 Financial institutions development, depth 0.282 2021 index points
 Financial institutions development, access 0.614 2021 index points
 Financial institutions development, efficiency 0.656 2021 index points
 Financial markets development 0.033 2021 index points
 Financial markets development, depth 0.059 2021 index points
 Financial markets development, access 0.031 2021 index points
 Financial markets development, efficiency 0.002 2021 index points
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