Financial development - Country rankings

* indicates monthly or quarterly data series

Financial development, 2021:

The average for 2021 based on 19 countries was 0.302 index points. The highest value was in Brazil: 0.662 index points and the lowest value was in Haiti: 0.098 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
Brazil 0.662 1 1980 - 2021
Chile 0.504 2 1980 - 2021
Panama 0.465 3 1980 - 2021
Mexico 0.402 4 1980 - 2021
Bolivia 0.392 5 1980 - 2021
Colombia 0.388 6 1980 - 2021
Peru 0.374 7 1980 - 2021
Argentina 0.306 8 1980 - 2021
Uruguay 0.304 9 1980 - 2021
Costa Rica 0.288 10 1980 - 2021
Venezuela 0.239 11 1980 - 2021
Guatemala 0.216 12 1980 - 2021
El Salvador 0.214 13 1980 - 2021
Honduras 0.21 14 1980 - 2021
Paraguay 0.193 15 1980 - 2021
Domin. Rep. 0.184 16 1980 - 2021
Ecuador 0.17 17 1980 - 2021
Nicaragua 0.137 18 1980 - 2021
Haiti 0.098 19 1980 - 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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All articles

1. Brazil
2. Chile
3. Panama
4. Mexico
5. Bolivia
6. Colombia
7. Peru
8. Argentina
9. Uruguay
10. Costa Rica
11. Venezuela
12. Guatemala
13. El Salvador
14. Honduras
15. Paraguay
16. Domin. Rep.
17. Ecuador
18. Nicaragua
19. Haiti
0.662
0.504
0.465
0.402
0.392
0.388
0.374
0.306
0.304
0.288
0.239
0.216
0.214
0.210
0.193
0.184
0.170
0.137
0.098
0
0.2
0.3
0.5
0.66


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