Israel: Financial institutions development

The latest value from 2021 is 0.764 index points, an increase from 0.751 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Israel from 1980 to 2021 is 0.637 index points. The minimum value, 0.465 index points, was reached in 1991 while the maximum of 0.768 index points was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.

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