Financial Development in 205 Economies, 1960 to 2010 [report]

Martin Čihák, Asli Demirgüč-Kunt, Erik Feyen, Ross Levine
2013 unpublished
This paper describes our construction of the Global Financial Development Database and uses the data to compare financial systems around the world. The database provides information on financial systems in 205 economies over the period from 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals and firms can and do use financial services (access), (3) efficiency of financial intermediaries and markets in
more » ... rkets in intermediating resources and facilitating financial transactions (efficiency), and (4) stability of financial institutions and markets (stability).
doi:10.3386/w18946 fatcat:ocfm6mhsbjaxdhjiebf52hu7cu