* indicates monthly or quarterly data series

Financial markets development, access, 2021:

The average for 2021 based on 35 countries was 0.463 index points. The highest value was in Ireland: 1 index points and the lowest value was in Belarus: 0.011 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, access, 2021 Global rank Available data
Ireland 1 1 1980 - 2021
Luxembourg 1 2 1980 - 2021
Norway 0.939 3 1980 - 2021
Switzerland 0.915 4 1980 - 2021
Malta 0.896 5 1980 - 2021
Cyprus 0.85 6 1980 - 2021
Spain 0.849 7 1980 - 2021
Austria 0.825 8 1980 - 2021
Italy 0.717 9 1980 - 2021
UK 0.694 10 1980 - 2021
Greece 0.688 11 1982 - 2021
Hungary 0.555 12 1982 - 2021
Croatia 0.537 13 1992 - 2021
Germany 0.537 14 1980 - 2021
Russia 0.52 15 1984 - 2021
Denmark 0.5 16 1980 - 2021
Finland 0.5 17 1980 - 2021
France 0.5 18 1980 - 2021
Iceland 0.5 19 1980 - 2021
Netherlands 0.5 20 1980 - 2021
Sweden 0.5 21 1980 - 2021
Belgium 0.424 22 1980 - 2021
Poland 0.363 23 1980 - 2021
Turkey 0.273 24 1985 - 2021
Portugal 0.137 25 1980 - 2021
Slovenia 0.122 26 1980 - 2021
Estonia 0.083 27 1992 - 2021
Bulgaria 0.08 28 1988 - 2021
Latvia 0.059 29 1993 - 2021
Czechia 0.04 30 1990 - 2021
Lithuania 0.039 31 1993 - 2021
Slovakia 0.018 32 1991 - 2021
Ukraine 0.012 33 1992 - 2021
Belarus 0.011 34 1993 - 2021
Romania 0.011 35 1980 - 2021



Definition: Measures access to the financial markets using principal components methodology with these variables: Percent of market capitalization outside of top 10 largest companies and Total number of issuers of debt (domestic and external, nonfinancial and financial corporations). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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