Financial markets development - Country rankings
* indicates monthly or quarterly data series
Financial markets development, 2021:
The average for 2021 based on 40 countries was 0.382 index points. The highest value was in Switzerland: 0.921 index points and the lowest value was in Bosnia and Herzegovina: 0.002 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 markets development, 2021 | Global rank | Available data |
|---|---|---|---|
| Switzerland | 0.921 | 1 | 1980 - 2021 |
| UK | 0.854 | 2 | 1980 - 2021 |
| Spain | 0.8 | 3 | 1980 - 2021 |
| Italy | 0.782 | 4 | 1980 - 2021 |
| Sweden | 0.781 | 5 | 1980 - 2021 |
| Netherlands | 0.759 | 6 | 1980 - 2021 |
| Germany | 0.756 | 7 | 1980 - 2021 |
| France | 0.751 | 8 | 1980 - 2021 |
| Norway | 0.697 | 9 | 1980 - 2021 |
| Finland | 0.653 | 10 | 1980 - 2021 |
| Ireland | 0.638 | 11 | 1980 - 2021 |
| Denmark | 0.566 | 12 | 1980 - 2021 |
| Luxembourg | 0.564 | 13 | 1980 - 2021 |
| Turkey | 0.563 | 14 | 1985 - 2021 |
| Portugal | 0.553 | 15 | 1980 - 2021 |
| Austria | 0.551 | 16 | 1980 - 2021 |
| Greece | 0.498 | 17 | 1982 - 2021 |
| Belgium | 0.487 | 18 | 1980 - 2021 |
| Russia | 0.439 | 19 | 1984 - 2021 |
| Cyprus | 0.438 | 20 | 1980 - 2021 |
| Hungary | 0.384 | 21 | 1982 - 2021 |
| Malta | 0.373 | 22 | 1980 - 2021 |
| Poland | 0.362 | 23 | 1980 - 2021 |
| Iceland | 0.272 | 24 | 1980 - 2021 |
| Croatia | 0.237 | 25 | 1992 - 2021 |
| Czechia | 0.103 | 26 | 1990 - 2021 |
| Slovenia | 0.091 | 27 | 1980 - 2021 |
| Romania | 0.071 | 28 | 1980 - 2021 |
| Bulgaria | 0.069 | 29 | 1988 - 2021 |
| Serbia | 0.055 | 30 | 1994 - 2021 |
| Estonia | 0.051 | 31 | 1992 - 2021 |
| Ukraine | 0.036 | 32 | 1992 - 2021 |
| Latvia | 0.034 | 33 | 1993 - 2021 |
| Lithuania | 0.027 | 34 | 1993 - 2021 |
| Slovakia | 0.025 | 35 | 1991 - 2021 |
| Belarus | 0.017 | 36 | 1993 - 2021 |
| Albania | 0.008 | 37 | 1992 - 2021 |
| North Macedonia | 0.004 | 38 | 1992 - 2021 |
| Moldova | 0.003 | 39 | 1992 - 2021 |
| Bosnia & Herz. | 0.002 | 40 | 1995 - 2021 |
Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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0.921
0.854
0.800
0.782
0.781
0.759
0.756
0.751
0.697
0.653
0.638
0.566
0.564
0.563
0.553
0.551
0.498
0.487
0.439
0.438
0.384
0.373
0.362
0.272
0.237
0.103
0.091
0.071
0.069
0.055
0.051
0.036
0.034
0.027
0.025
0.017
0.008
0.004
0.003
0.002
0
0.2
0.5
0.7
0.92
Financial markets development around the world Financial markets development in Asia Financial markets development in Africa Financial markets development in North America Financial markets development in South America Financial markets development in Australia/Oceania Financial markets development in the European union Financial markets development in Sub Sahara Africa Financial markets development in MENA Financial markets development in South East Asia Financial markets development in Latin America