Financial markets development, efficiency - Country rankings

* indicates monthly or quarterly data series

Financial markets development, efficiency, 2021:

The average for 2021 based on 12 countries was 0.159 index points. The highest value was in Brazil: 1 index points and the lowest value was in Uruguay: 0.002 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
Brazil 1 1 1980 - 2021
Chile 0.266 2 1980 - 2021
Mexico 0.255 3 1980 - 2021
Colombia 0.116 4 1980 - 2021
Argentina 0.093 5 1980 - 2021
Paraguay 0.047 6 1980 - 2021
Ecuador 0.03 7 1980 - 2021
Peru 0.03 8 1980 - 2021
Venezuela 0.028 9 1980 - 2021
Costa Rica 0.02 10 1980 - 2021
Panama 0.019 11 1980 - 2021
Uruguay 0.002 12 1980 - 2021


New - World map: Financial markets development, efficiency




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. Brazil
2. Chile
3. Mexico
4. Colombia
5. Argentina
6. Paraguay
7. Ecuador
8. Peru
9. Venezuela
10. Costa Rica
11. Panama
12. Uruguay
1.000
0.266
0.255
0.116
0.093
0.047
0.030
0.030
0.028
0.020
0.019
0.002
0
0.3
0.5
0.8
1


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