* indicates monthly or quarterly data series

Financial markets development, 2021:

The average for 2021 based on 27 countries was 0.422 index points. The highest value was in Spain: 0.8 index points and the lowest value was in Slovakia: 0.025 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 markets development, 2021 Global rank Available data
Spain 0.8 1 1980 - 2021
Italy 0.782 2 1980 - 2021
Sweden 0.781 3 1980 - 2021
Netherlands 0.759 4 1980 - 2021
Germany 0.756 5 1980 - 2021
France 0.751 6 1980 - 2021
Finland 0.653 7 1980 - 2021
Ireland 0.638 8 1980 - 2021
Denmark 0.566 9 1980 - 2021
Luxembourg 0.564 10 1980 - 2021
Portugal 0.553 11 1980 - 2021
Austria 0.551 12 1980 - 2021
Greece 0.498 13 1982 - 2021
Belgium 0.487 14 1980 - 2021
Cyprus 0.438 15 1980 - 2021
Hungary 0.384 16 1982 - 2021
Malta 0.373 17 1980 - 2021
Poland 0.362 18 1980 - 2021
Croatia 0.237 19 1992 - 2021
Czechia 0.103 20 1990 - 2021
Slovenia 0.091 21 1980 - 2021
Romania 0.071 22 1980 - 2021
Bulgaria 0.069 23 1988 - 2021
Estonia 0.051 24 1992 - 2021
Latvia 0.034 25 1993 - 2021
Lithuania 0.027 26 1993 - 2021
Slovakia 0.025 27 1991 - 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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