* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 12 countries was 0.291 index points. The highest value was in Bolivia: 0.691 index points and the lowest value was in Venezuela: 0.068 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
Bolivia 0.691 1 -
Chile 0.615 2 -
Brazil 0.509 3 -
Colombia 0.361 4 -
Uruguay 0.282 5 -
Peru 0.248 6 -
Argentina 0.187 7 -
Ecuador 0.157 8 -
Suriname 0.144 9 -
Paraguay 0.142 10 -
Guyana 0.085 11 -
Venezuela 0.068 12 -



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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