Estonia: Financial markets development

The latest value from 2021 is 0.051 index points, a decline from 0.083 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Estonia from 1992 to 2021 is 0.055 index points. The minimum value, 0.03 index points, was reached in 1996 while the maximum of 0.083 index points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.