Financial institutions development, depth - Country rankings
* indicates monthly or quarterly data series
Financial institutions development, depth, 2021:
The average for 2021 based on 42 countries was 0.295 index points. The highest value was in Hong Kong: 1 index points and the lowest value was in Yemen: 0.021 index points. The indicator is available from 1980 to 2021. Below is a chart for all countries where data are available.Measure: index points; Source: International Monetary Fund
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* indicates monthly or quarterly data series
| Countries | Financial institutions development, depth, 2021 | Global rank | Available data |
|---|---|---|---|
| Hong Kong | 1 | 1 | 1980 - 2021 |
| Singapore | 1 | 2 | 1980 - 2021 |
| South Korea | 0.859 | 3 | 1980 - 2021 |
| Malaysia | 0.814 | 4 | 1980 - 2021 |
| Japan | 0.692 | 5 | 1980 - 2021 |
| Israel | 0.644 | 6 | 1980 - 2021 |
| Thailand | 0.625 | 7 | 1980 - 2021 |
| Macao | 0.577 | 8 | 1984 - 2021 |
| China | 0.486 | 9 | 1982 - 2021 |
| India | 0.389 | 10 | 1980 - 2021 |
| Jordan | 0.36 | 11 | 1980 - 2021 |
| Bahrain | 0.355 | 12 | 1980 - 2021 |
| Vietnam | 0.344 | 13 | 1992 - 2021 |
| Qatar | 0.3 | 14 | 1980 - 2021 |
| Cambodia | 0.282 | 15 | 1993 - 2021 |
| Lebanon | 0.245 | 16 | 1980 - 2021 |
| Nepal | 0.238 | 17 | 1980 - 2021 |
| Kuwait | 0.237 | 18 | 1980 - 2021 |
| UA Emirates | 0.225 | 19 | 1980 - 2021 |
| Philippines | 0.215 | 20 | 1980 - 2021 |
| Iran | 0.2 | 21 | 1980 - 2021 |
| Georgia | 0.182 | 22 | 1994 - 2021 |
| Maldives | 0.17 | 23 | 1980 - 2021 |
| Oman | 0.17 | 24 | 1980 - 2021 |
| Saudi Arabia | 0.17 | 25 | 1980 - 2021 |
| Armenia | 0.165 | 26 | 1993 - 2021 |
| Indonesia | 0.162 | 27 | 1980 - 2021 |
| Sri Lanka | 0.147 | 28 | 1980 - 2021 |
| Kazakhstan | 0.145 | 29 | 1993 - 2021 |
| Bhutan | 0.141 | 30 | 1982 - 2021 |
| Brunei | 0.13 | 31 | 1994 - 2021 |
| Mongolia | 0.107 | 32 | 1991 - 2021 |
| Bangladesh | 0.097 | 33 | 1980 - 2021 |
| Uzbekistan | 0.084 | 34 | 1993 - 2021 |
| Burma | 0.075 | 35 | 1980 - 2021 |
| Azerbaijan | 0.068 | 36 | 1992 - 2021 |
| Pakistan | 0.065 | 37 | 1980 - 2021 |
| Laos | 0.063 | 38 | 1989 - 2021 |
| Kyrgyzstan | 0.057 | 39 | 1995 - 2021 |
| Syria | 0.044 | 40 | 1980 - 2021 |
| Tajikistan | 0.039 | 41 | 1998 - 2021 |
| Yemen | 0.021 | 42 | 1988 - 2021 |
Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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1.000
1.000
0.859
0.814
0.692
0.644
0.625
0.577
0.486
0.389
0.360
0.355
0.344
0.300
0.282
0.245
0.238
0.237
0.225
0.215
0.200
0.182
0.170
0.170
0.170
0.165
0.162
0.147
0.145
0.141
0.130
0.107
0.097
0.084
0.075
0.068
0.065
0.063
0.057
0.044
0.039
0.021
0
0.3
0.5
0.8
1
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