* indicates monthly or quarterly data series

Financial markets development, 2021:

The average for 2021 based on 18 countries was 0.201 index points. The highest value was in the USA: 0.9 index points and the lowest value was in Nicaragua: 0.001 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
USA 0.9 1 1980 - 2021
Canada 0.754 2 1980 - 2021
Panama 0.397 3 1980 - 2021
Bahamas 0.322 4 1980 - 2021
Mexico 0.322 5 1980 - 2021
Barbados 0.21 6 1980 - 2021
Saint Lucia 0.182 7 1980 - 2021
Jamaica 0.144 8 1980 - 2021
Tr.&Tobago 0.117 9 1980 - 2021
Grenada 0.097 10 1980 - 2021
Honduras 0.07 11 1980 - 2021
Costa Rica 0.029 12 1980 - 2021
El Salvador 0.029 13 1980 - 2021
Domin. Rep. 0.016 14 1980 - 2021
Guatemala 0.014 15 1980 - 2021
Belize 0.007 16 1980 - 2021
Aruba 0.006 17 1986 - 2021
Nicaragua 0.001 18 1980 - 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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

This site uses cookies.
Learn more here


OK