Vanuatu: Financial development
* indicates monthly or quarterly data series
| Vanuatu |
Financial development |
|---|---|
| Latest value | 0.197 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.126 |
| Min - Max | 0.058 - 0.205 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.197 index points, an increase from 0.187 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Vanuatu from 1980 to 2021 is 0.126 index points. The minimum value, 0.058 index points, was reached in 1991 while the maximum of 0.205 index points was recorded in 2018.
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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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Financial development | 0.197 | 2021 | index points |
| Financial institutions development | 0.385 | 2021 | index points |
| Financial institutions development, depth | 0.118 | 2021 | index points |
| Financial institutions development, access | 0.497 | 2021 | index points |
| Financial institutions development, efficiency | 0.446 | 2021 | index points |