Financial markets development, efficiency - Country rankings
* indicates monthly or quarterly data series
Financial markets development, efficiency, 2021:
The average for 2021 based on 25 countries was 0.398 index points. The highest value was in China: 1 index points and the lowest value was in Kazakhstan: 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
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* indicates monthly or quarterly data series
| Countries | Financial markets development, efficiency, 2021 | Global rank | Available data |
|---|---|---|---|
| China | 1 | 1 | 1982 - 2021 |
| Japan | 1 | 2 | 1980 - 2021 |
| South Korea | 1 | 3 | 1980 - 2021 |
| Thailand | 1 | 4 | 1980 - 2021 |
| India | 0.925 | 5 | 1980 - 2021 |
| Malaysia | 0.703 | 6 | 1980 - 2021 |
| Hong Kong | 0.618 | 7 | 1980 - 2021 |
| Israel | 0.493 | 8 | 1980 - 2021 |
| Iran | 0.469 | 9 | 1980 - 2021 |
| Vietnam | 0.377 | 10 | 1992 - 2021 |
| Pakistan | 0.365 | 11 | 1980 - 2021 |
| Indonesia | 0.326 | 12 | 1980 - 2021 |
| Saudi Arabia | 0.247 | 13 | 1980 - 2021 |
| Bangladesh | 0.205 | 14 | 1980 - 2021 |
| Singapore | 0.202 | 15 | 1980 - 2021 |
| Qatar | 0.173 | 16 | 1980 - 2021 |
| UA Emirates | 0.157 | 17 | 1980 - 2021 |
| Kuwait | 0.153 | 18 | 1980 - 2021 |
| Philippines | 0.148 | 19 | 1980 - 2021 |
| Sri Lanka | 0.132 | 20 | 1980 - 2021 |
| Jordan | 0.1 | 21 | 1980 - 2021 |
| Oman | 0.078 | 22 | 1980 - 2021 |
| Lebanon | 0.043 | 23 | 1980 - 2021 |
| Bahrain | 0.03 | 24 | 1980 - 2021 |
| Kazakhstan | 0.011 | 25 | 1993 - 2021 |
Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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1.000
1.000
1.000
1.000
0.925
0.703
0.618
0.493
0.469
0.377
0.365
0.326
0.247
0.205
0.202
0.173
0.157
0.153
0.148
0.132
0.100
0.078
0.043
0.030
0.011
0
0.3
0.5
0.8
1
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