* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 17 countries was 0.181 index points. The highest value was in Jordan: 0.36 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
Select indicator
* indicates monthly or quarterly data series


Countries Financial institutions development, depth, 2021 Global rank Available data
Jordan 0.36 1 1980 - 2021
Bahrain 0.355 2 1980 - 2021
Qatar 0.3 3 1980 - 2021
Morocco 0.262 4 1980 - 2021
Lebanon 0.245 5 1980 - 2021
Kuwait 0.237 6 1980 - 2021
UA Emirates 0.225 7 1980 - 2021
Iran 0.2 8 1980 - 2021
Tunisia 0.194 9 1980 - 2021
Oman 0.17 10 1980 - 2021
Saudi Arabia 0.17 11 1980 - 2021
Egypt 0.083 12 1980 - 2021
Djibouti 0.078 13 1987 - 2021
Algeria 0.075 14 1980 - 2021
Libya 0.055 15 1980 - 2021
Syria 0.044 16 1980 - 2021
Yemen 0.021 17 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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