United Kingdom: Financial institutions development

The latest value from 2021 is 0.786 index points, a decline from 0.787 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for the United Kingdom from 1980 to 2021 is 0.83 index points. The minimum value, 0.613 index points, was reached in 1980 while the maximum of 0.943 index points was recorded in 2007. 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.