Financial institutions development, depth - Country rankings
* indicates monthly or quarterly data series
Financial institutions development, depth, 2021:
The average for 2021 based on 9 countries was 0.273 index points. The highest value was in Australia: 0.86 index points and the lowest value was in the Solomon Islands: 0.039 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 |
|---|---|---|---|
| Australia | 0.86 | 1 | 1980 - 2021 |
| New Zealand | 0.774 | 2 | 1980 - 2021 |
| Fiji | 0.299 | 3 | 1980 - 2021 |
| Papua N.G. | 0.133 | 4 | 1980 - 2021 |
| Vanuatu | 0.118 | 5 | 1980 - 2021 |
| Samoa | 0.107 | 6 | 1980 - 2021 |
| Tonga | 0.079 | 7 | 1980 - 2021 |
| Micronesia | 0.045 | 8 | 1995 - 2021 |
| Solomon Isl. | 0.039 | 9 | 1980 - 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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0.860
0.774
0.299
0.133
0.118
0.107
0.079
0.045
0.039
0
0.2
0.4
0.6
0.86
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