Global Financial Development

The Global Financial Development Database is an extensive dataset of financial system characteristics for 206 economies. The database includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals can and do use financial services (access), (3) efficiency of financial intermediaries and markets in intermediating resources and facilitating financial transactions (efficiency), and (4) stability of financial institutions and markets (stability).

For a complete description of the dataset and a discussion of the underlying literature, see: Martin Čihák, Aslı Demirgüç-Kunt, Erik Feyen, and Ross Levine, 2012. "Benchmarking Financial Systems Around the World." World Bank Policy Research Working Paper 6175, World Bank, Washington, D.C.

  • Type

    Time series

  • Periodicity

    Annual

  • Last Updated

    24-Jun-2016

  • Economy Coverage

    WLD, EAP, ECA, LAC, MNA, SAS, SSA, HIC, LMY, IBRD, IDA

  • Granularity

    National, Regional

  • Number of Economies

    206

  • Topic

    Economy & Growth, Financial Sector

  • Update Frequency

    Annually

  • Update Schedule

    Fall

  • Contact Details

    data@worldbank.org

  • Access Options

    API, Bulk download, Query tool

  • Attribution/citation

    Data source: Global Financial Development Database (GFDD), The World Bank. Methodology citation: Martin Čihák, Aslı Demirgüç-Kunt, Erik Feyen, and Ross Levine, 2012. "Benchmarking Financial Systems Around the World." World Bank Policy Research Working Paper 6175, World Bank, Washington, D.C.

  • Coverage

    1960 - 2014