Global Financial Development Database
The Global Financial Development Database is an extensive dataset of financial system characteristics for 214 economies. It contains annual data, starting from 1960. It has been last updated in July 2018 and contains data through 2016 for 109 indicators, capturing various aspects of financial institutions and markets.
The Global Financial Development Database is based on a “4x2 framework”. Specifically, it includes measures of (1) depth, (2) access, (3) efficiency, and (4)
For more on the Global Financial Development Database, the 4x2 framework, and the underlying theoretical and empirical literature, see chapter 1 of the 2013 Global Financial Development Report, and also Cihák, Martin, Asli Demirgüç-Kunt, Erik Feyen, and Ross Levine. 2012. “Benchmarking Financial Systems around the World.” Policy Research Working Paper 6175, World Bank, Washington, DC. (A version of the paper appeared in Journal of Financial Perspectives.)
Latest Version of the Dataset
July 2018: The Global Financial Development Database has been updated with data through 2016. Information for 2017 is reflected as available.
Older Versions of the Dataset