Financial Development Index in Advanced Markets
Advanced Markets: Financial Development Index was 0.6278 in 2020. β² Rising
Financial Development Index in Advanced Markets, 1980β2020
Source: International Monetary Fund.
Analysis
Advanced Markets recorded 0.6278 for financial development index in 2020.
That represents a change of up 0.1% on the previous year and down 4.2% over ten years.
Over the whole period, financial development index in Advanced Markets peaked at 0.6734 in 2007 and was at its lowest, 0.2485, in 1980.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3242 | 0.2485 | 0.4012 | 10 |
| 1990s | 0.4795 | 0.3973 | 0.5792 | 10 |
| 2000s | 0.628 | 0.5903 | 0.6734 | 10 |
| 2010s | 0.6389 | 0.6269 | 0.655 | 10 |
| 2020s | 0.6278 | 0.6278 | 0.6278 | 1 |
Countries ranked near Advanced Markets
- 1 Switzerland 0.9478 compare
- 2 Japan 0.9245 compare
- 3 Australia 0.9076 compare
- 4 United States 0.9076 compare
More financial sector data for Advanced Markets
- Financial Institutions Access Index 0.5695 (2020)
- Financial Institutions Depth Index 0.6694 (2020)
- Financial Institutions Efficiency Index 0.605 (2020)
- Financial Institutions Index 0.6908 (2020)
- Financial Markets Access Index 0.5504 (2020)
- Financial Markets Depth Index 0.5709 (2020)
- Financial Markets Efficiency Index 0.4765 (2020)
- Financial Markets Index 0.5423 (2020)
Frequently asked questions
- What is financial development index in Advanced Markets?
- Financial development index in Advanced Markets was 0.6278 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Advanced Markets?
- The highest recorded value was 0.6734 in 2007.
- What is the lowest financial development index recorded in Advanced Markets?
- The lowest recorded value was 0.2485 in 1980.
- How does Advanced Markets rank for financial development index?
- Advanced Markets ranks 1st out of 9 groups with data for 2020.
- Is financial development index rising or falling in Advanced Markets?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Advanced Markets data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.