Financial development - Country rankings
* 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
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* 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 |
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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0.909
0.617
0.235
0.228
0.218
0.197
0.184
0.100
0.099
0.057
0
0.2
0.5
0.7
0.91
Financial development around the world Financial development in Europe Financial development in Asia Financial development in Africa Financial development in North America Financial development in South America Financial development in the European union Financial development in Sub Sahara Africa Financial development in MENA Financial development in South East Asia Financial development in Latin America