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 |
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
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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