Financial markets development, efficiency - Country rankings
* indicates monthly or quarterly data series
Financial markets development, efficiency, 2021:
The average for 2021 based on 9 countries was 0.179 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
Select indicator
* indicates monthly or quarterly data series
| Countries | Financial markets development, efficiency, 2021 | Global rank | Available data |
|---|---|---|---|
| Brazil | 1 | 1 | - |
| Chile | 0.266 | 2 | - |
| Colombia | 0.116 | 3 | - |
| Argentina | 0.093 | 4 | - |
| Paraguay | 0.047 | 5 | - |
| Ecuador | 0.03 | 6 | - |
| Peru | 0.03 | 7 | - |
| Venezuela | 0.028 | 8 | - |
| Uruguay | 0.002 | 9 | - |
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.
Selected articles from our guide:
The unholy trinity of international finance
Most commonly used measures of corruption
All articles
1.000
0.266
0.116
0.093
0.047
0.030
0.030
0.028
0.002
0
0.3
0.5
0.8
1
Financial markets development, efficiency around the world Financial markets development, efficiency in Europe Financial markets development, efficiency in Asia Financial markets development, efficiency in Africa Financial markets development, efficiency in North America Financial markets development, efficiency in Australia/Oceania Financial markets development, efficiency in the European union Financial markets development, efficiency in Sub Sahara Africa Financial markets development, efficiency in MENA Financial markets development, efficiency in South East Asia Financial markets development, efficiency in Latin America