* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 11 countries was 0.373 index points. The highest value was in Singapore: 1 index points and the lowest value was in Laos: 0.063 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
Singapore 1 1 1980 - 2021
Malaysia 0.814 2 1980 - 2021
Thailand 0.625 3 1980 - 2021
India 0.389 4 1980 - 2021
Vietnam 0.344 5 1992 - 2021
Cambodia 0.282 6 1993 - 2021
Philippines 0.215 7 1980 - 2021
Indonesia 0.162 8 1980 - 2021
Brunei 0.13 9 1994 - 2021
Burma 0.075 10 1980 - 2021
Laos 0.063 11 1989 - 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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