* indicates monthly or quarterly data series

Financial development, 2021:

The average for 2021 based on 10 countries was 0.284 index points. The highest value was in Australia: 0.909 index points and the lowest value was in Micronesia: 0.057 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 development, 2021 Global rank Available data
Australia 0.909 1 1980 - 2021
New Zealand 0.617 2 1980 - 2021
Tonga 0.235 3 1980 - 2021
Samoa 0.228 4 1980 - 2021
Fiji 0.218 5 1980 - 2021
Vanuatu 0.197 6 1980 - 2021
Papua N.G. 0.184 7 1980 - 2021
Solomon Isl. 0.1 8 1980 - 2021
Kiribati 0.099 9 1997 - 2021
Micronesia 0.057 10 1995 - 2021


New - World map: Financial development




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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