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What's New
Global Financial Inclusion was updated on March 28, 2024
World Development Indicators was updated on March 27, 2024
Logistics Performance Index (LPI) was updated on March 26, 2024
Joint External Debt Hub was updated on March 25, 2024
Metadata Glossary
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Filtered Results: 10
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Code
GCI.8THPILLAR.XQ
Indicator Name
8th pillar: Financial market sophistication
Short definition
This indicator is a derived from the following indicators: (a) Availability of financial services (b) Affordability of financial services (c) Financing through local equity market (d) Ease of access to loans (e) Venture capital availability (f) Restriction on capital flows (g) Soundness of banks (h) Regulation of securities exchanges and (i) Legal rights index.
Long definition
This indicator is a derived from the following indicators: - (a) Availability of financial services (b) Affordability of financial services (c) Financing through local equity market (d) Ease of access to loans (e) Venture capital availability (f) Restriction on capital flows (g) Soundness of banks (h) Regulation of securities exchanges and (i) Legal rights index.
Source
The Global Competitiveness Report: various issues (http://gcr.weforum.org/).
Topic
Public Sector: Policy & institutions
Periodicity
Annual
General comments
Two types of data are used in the GCI: (a) Survey data:These data are the results drawn from the World Economic Forum’s Executive Opinion Survey. (b) Hard data: These data come from indicators obtained from a variety of sources.
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