About this Dataset

Financial Development Index (FDI)

A vast body of literature estimates the impact of financial development on economic growth, inequality, and stability. A typical empirical study proxies financial development with either one of two measures of financial depth - the ratio of private credit to GDP or stock market capitalization to GDP. However, these indicators do not take into account the complex multidimensional nature of financial development.
To correct this omission, the Financial Development Index was developed for the IMF Staff Discussion Note "Rethinking Financial Deepening: Stability and Growth in Emerging Markets." It summarizes how developed financial institutions and financial markets are in terms of their depth (size and liquidity), access (ability of individuals and companies to access financial services), and efficiency (ability of institutions to provide financial services at low cost and with sustainable revenues and the level of activity of capital markets). The index database provides nine indices for over 180 countries with annual frequency from 1980 onwards.

Keywords: Financial Development,Financial Institutions and Markets,Index.

Tables

CodeList CL FDI COUNTRY

@imf.fdi.codes_cl_fdi_country

5.85 kB
192 rows
2 columns

CREATE TABLE codes_cl_fdi_country (
  "code" VARCHAR,
  "description" VARCHAR
);

CodeList CL FREQ

@imf.fdi.codes_cl_freq

2.16 kB
1 row
2 columns

CREATE TABLE codes_cl_freq (
  "code" VARCHAR,
  "description" VARCHAR
);

Indicators

@imf.fdi.indicators

4.81 kB
9 rows
5 columns

CREATE TABLE indicators (
  "indicator" VARCHAR,
  "series_name" VARCHAR,
  "unit" VARCHAR,
  "transformation" VARCHAR,
  "http_www_w3_org_2001_xmlschema_instance_type" VARCHAR
);

Observations

@imf.fdi.observations

449.14 kB
53,568 rows
5 columns

CREATE TABLE observations (
  "country" VARCHAR,
  "indicator" VARCHAR,
  "frequency" VARCHAR,
  "time_period" BIGINT,
  "value" DOUBLE
);