* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 9 countries was 0.273 index points. The highest value was in Australia: 0.86 index points and the lowest value was in the Solomon Islands: 0.039 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 institutions development, depth, 2021 Global rank Available data
Australia 0.86 1 1980 - 2021
New Zealand 0.774 2 1980 - 2021
Fiji 0.299 3 1980 - 2021
Papua N.G. 0.133 4 1980 - 2021
Vanuatu 0.118 5 1980 - 2021
Samoa 0.107 6 1980 - 2021
Tonga 0.079 7 1980 - 2021
Micronesia 0.045 8 1995 - 2021
Solomon Isl. 0.039 9 1980 - 2021


New - World map: Financial institutions development, depth




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles

This site uses cookies.
Learn more here


OK