Financial institutions development, depth - Country rankings
* indicates monthly or quarterly data series
Financial institutions development, depth, 2021:
The average for 2021 based on 27 countries was 0.502 index points. The highest value was in Denmark: 1 index points and the lowest value was in Romania: 0.137 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 |
|---|---|---|---|
| Denmark | 1 | 1 | 1980 - 2021 |
| Sweden | 0.999 | 2 | 1980 - 2021 |
| Finland | 0.815 | 3 | 1980 - 2021 |
| France | 0.804 | 4 | 1980 - 2021 |
| Netherlands | 0.783 | 5 | 1980 - 2021 |
| Belgium | 0.76 | 6 | 1980 - 2021 |
| Austria | 0.731 | 7 | 1980 - 2021 |
| Malta | 0.658 | 8 | 1980 - 2021 |
| Germany | 0.642 | 9 | 1980 - 2021 |
| Ireland | 0.638 | 10 | 1980 - 2021 |
| Luxembourg | 0.625 | 11 | 1980 - 2021 |
| Spain | 0.564 | 12 | 1980 - 2021 |
| Italy | 0.539 | 13 | 1980 - 2021 |
| Portugal | 0.489 | 14 | 1980 - 2021 |
| Cyprus | 0.452 | 15 | 1980 - 2021 |
| Croatia | 0.366 | 16 | 1992 - 2021 |
| Slovakia | 0.325 | 17 | 1991 - 2021 |
| Hungary | 0.286 | 18 | 1982 - 2021 |
| Czechia | 0.285 | 19 | 1990 - 2021 |
| Slovenia | 0.283 | 20 | 1992 - 2021 |
| Estonia | 0.274 | 21 | 1992 - 2021 |
| Bulgaria | 0.25 | 22 | 1988 - 2021 |
| Poland | 0.229 | 23 | 1980 - 2021 |
| Greece | 0.214 | 24 | 1982 - 2021 |
| Latvia | 0.204 | 25 | 1993 - 2021 |
| Lithuania | 0.203 | 26 | 1993 - 2021 |
| Romania | 0.137 | 27 | 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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1.000
0.999
0.815
0.804
0.783
0.760
0.731
0.658
0.642
0.638
0.625
0.564
0.539
0.489
0.452
0.366
0.325
0.286
0.285
0.283
0.274
0.250
0.229
0.214
0.204
0.203
0.137
0
0.3
0.5
0.8
1
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