Vanuatu: Financial institutions development
* indicates monthly or quarterly data series
| Vanuatu |
Financial institutions development |
|---|---|
| Latest value | 0.385 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.248 |
| Min - Max | 0.113 - 0.403 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.385 index points, an increase from 0.367 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Vanuatu from 1980 to 2021 is 0.248 index points. The minimum value, 0.113 index points, was reached in 1992 while the maximum of 0.403 index points was recorded in 2018.
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* indicates monthly or quarterly data series
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Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See 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 |