Financial markets development, efficiency - Country rankings
* indicates monthly or quarterly data series
Financial markets development, efficiency, 2021:
The average for 2021 based on 24 countries was 0.447 index points. The highest value was in Finland: 1 index points and the lowest value was in Luxembourg: 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
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* indicates monthly or quarterly data series
| Countries | Financial markets development, efficiency, 2021 | Global rank | Available data |
|---|---|---|---|
| Finland | 1 | 1 | 1980 - 2021 |
| Italy | 1 | 2 | 1980 - 2021 |
| Portugal | 1 | 3 | 1980 - 2021 |
| Germany | 0.98 | 4 | 1980 - 2021 |
| Sweden | 0.845 | 5 | 1980 - 2021 |
| Spain | 0.796 | 6 | 1980 - 2021 |
| France | 0.785 | 7 | 1980 - 2021 |
| Netherlands | 0.747 | 8 | 1980 - 2021 |
| Poland | 0.58 | 9 | 1980 - 2021 |
| Denmark | 0.556 | 10 | 1980 - 2021 |
| Hungary | 0.499 | 11 | 1982 - 2021 |
| Greece | 0.399 | 12 | 1982 - 2021 |
| Austria | 0.372 | 13 | 1980 - 2021 |
| Ireland | 0.36 | 14 | 1980 - 2021 |
| Belgium | 0.35 | 15 | 1980 - 2021 |
| Czechia | 0.196 | 16 | 1990 - 2021 |
| Romania | 0.142 | 17 | 1980 - 2021 |
| Slovenia | 0.068 | 18 | 1992 - 2021 |
| Croatia | 0.018 | 19 | 1992 - 2021 |
| Malta | 0.017 | 20 | 1980 - 2021 |
| Bulgaria | 0.015 | 21 | 1988 - 2021 |
| Cyprus | 0.01 | 22 | 1980 - 2021 |
| Slovakia | 0.002 | 23 | 1991 - 2021 |
| Luxembourg | 0.001 | 24 | 1980 - 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
0.980
0.845
0.796
0.785
0.747
0.580
0.556
0.499
0.399
0.372
0.360
0.350
0.196
0.142
0.068
0.018
0.017
0.015
0.010
0.002
0.001
0
0.3
0.5
0.8
1
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