Uruguay: Financial institutions development

The latest value from 2021 is 0.564 index points, an increase from 0.563 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Uruguay from 1980 to 2021 is 0.345 index points. The minimum value, 0.169 index points, was reached in 1997 while the maximum of 0.573 index points was recorded in 1982. 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.