DDI_WLD_1960-2010_FDS_v03_M 2010-08-31 NADA DDI Document - Version 03 - (04/27/21) This version is identical to DDI_WLD_1960-2010_FDS_v02_M but country field has been updated to capture all the countries covered by survey. Version 01 (August 2010) Version 02 (September 2010) Financial Development and Structure 1960-2010 FDS 1960-2008 WLD_1960-2010_FDS_v02_M Thorsten Beck and Asli Demirguc-Kunt (World Bank), Ross Eric Levine (Carlson School of Management, University of Minnesota) NADA Development Research Group Macroeconomics - Indicators Version 02 (September 2010) As part of the work on the 2013 Global Financial Development Report, and the related Global Financial Development Database, data series from the Financial Development and Structure database have also been updated through 2010. The revised dataset covers 203 jurisdictions, removing seven jurisdictions (American Samoa, Channel Islands, Greenland, Guam, Mayotte, Northern Mariana Islands, and Puerto Rico) for absence of data, while including three jurisdictions (Kosovo, San Marino, and Tuvalu) that were not covered in the previous iterations of the dataset. Taiwan and Netherland Antilles are also removed for reasons of consistency with the Global Financial Development Database. Please note that most indicators have been recalculated for the entire time period to ensure consistency over time. As regards the z-score, sd(ROA) for each bank is now calculated using all years instead of the 5-year moving window used in the previous version. The file contains a sheet with definitions and sources. For more detailed definitions and detailed descriptions of the underlying sources, please see the working papers below. Aruba Afghanistan Angola Albania Andorra Netherlands Antilles United Arab Emirates Argentina Armenia American Samoa Antigua and Barbuda Australia Austria Azerbaijan Burundi Belgium Benin Burkina Faso Bulgaria Bahrain Bahamas, The Bosnia and Herzegovina Bolivia Brazil Barbados Brunei Darussalam Bhutan Botswana Central African Republic Canada Switzerland Chile China China Côte d'Ivoire Cameroon Colombia Comoros Cabo Verde Costa Rica Cuba Cayman Islands Cyprus Czech Republic Germany Djibouti Dominica Denmark Dominican Republic Algeria Ecuador Spain Estonia Ethiopia Finland Fiji France Micronesia, Fed. Sts. Gabon United Kingdom Georgia Ghana Guinea Gambia, The Guinea-Bissau Equatorial Guinea Greece Grenada Greenland Guatemala Guam Guyana Honduras Croatia Haiti Hungary Indonesia Isle of Man India Ireland Iran, Islamic Rep. Iraq Iceland Israel Italy Jamaica Jordan Japan Kazakhstan Kenya Kyrgyz Republic Cambodia Kiribati Korea, Rep. Kuwait Lao PDR Lebanon Liberia Libya Liechtenstein Sri Lanka Lesotho Lithuania Luxembourg Latvia Macao SAR, China Morocco Monaco Moldova Madagascar Maldives Mexico Marshall Islands North Macedonia Mali Malta Myanmar Montenegro Mongolia N. Mariana Isld. Mozambique Mauritania Mauritius Malawi Malaysia Mayotte Namibia New Caledonia Niger Nigeria Nicaragua Netherlands Norway Nepal New Zealand Oman Pakistan Panama Peru Philippines Palau Papua New Guinea Poland Puerto Rico Portugal Paraguay French Polynesia Qatar Romania Russian Federation Rwanda Saudi Arabia Sudan Senegal Singapore Solomon Islands Sierra Leone El Salvador Somalia Serbia Sao Tome and Principe Suriname Slovak Republic Slovenia Sweden Eswatini Seychelles Syrian Arab Republic Chad Togo Thailand Tajikistan Turkmenistan Timor-Leste Tonga Trinidad and Tobago Tunisia Turkiye Taiwan, China Tanzania Uganda Ukraine Uruguay United States Uzbekistan Venezuela, RB Vietnam Vanuatu West Bank and Gaza Samoa Yemen, Rep. South Africa Zambia Zimbabwe Serbia and Montenegro Aggregate data [agg] FinStructure_2008_v4 Financial Structure Dataset 10291 40 FinStructure_2007_v2_2 Financial Structure Dataset 10079 39 FinStructure_2007 Financial Structure Dataset An update of the paper explaining the different variables will be made available shortly 10080 41 FinStructure_60_04_final Financial Structure Dataset 9495 31 request8095 There is an additional compressed file containing files with macroeconomic and institutional data averaged over the period 1980-95 that have been used as dependent or controlling variables. 106 157 FinStructure_2012_September_Update2x 10353 36 FinStructure_2010_November_Update2x 10450 36 COUNTRY 1960-2007 10288 Afghanistan Albania Algeria American Samoa Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Croatia Cuba Cyprus Czech Republic Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Northern Mariana Islands Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Samoa Saudi Arabia Senegal Serbia Serbia and Montenegro Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic São Tomé and Principe Taiwan, China Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB COUNTRY CODE 1960-2007 10291 ABW ADO AFG AGO ALB ANT ARE ARG ARM ASM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHI CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GRL GTM GUM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNE MNG MNP MOZ MRT MUS MWI MYS MYT NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRI PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SMR SOM SRB STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TWN TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM YUG ZAF ZAR ZMB ZWE YEAR 1960-2007 10291 1960 2008 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 WB REGION 1960-2007 10288 .. East Asia & Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia Sub-Saharan Africa WB INCOME GROUP 1960-2007 10288 High income: OECD High income: nonOECD Low income Lower middle income Upper middle income DEPOSIT MONEY BANK ASSETS / (DEPOSIT MONEY + CENTRAL) BANK ASSETS 1960-2007 6139 4152 0.0173 1.264 0.789 0.217 Description: Ratio of deposit money bank claims on domestic nonfinancial real sector (as defined above) to the sum of deposit money bank and Central Bank claims on domestic nonfinancial real sector (as defined above) LIQUID LIABILITIES / GDP 1960-2007 5057 5234 0.00418 153.462 0.612 4.472 Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI CENTRAL BANK ASSETS / GDP 1960-2007 4893 5398 1.01e-05 2.65 0.0792 0.117 Claims on domestic real nonfinancial sector by the Central Bank as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI DEPOSIT MONEY BANK ASSETS / GDP 1960-2007 5289 5002 0.00481 2.704 0.435 0.372 Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI OTHER FINANCIAL INSTITUTIONS ASSETS / GDP 1960-2007 1322 8969 1.47e-05 1.669 0.177 0.238 Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI PRIVATE CREDIT BY DEPOSIT MONEY BANKS / GDP 1960-2007 5258 5033 0.00397 2.698 0.351 0.324 Private credit by deposit money banks to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI PRIVATE CREDIT BY DEPOSIT MONEY BANKS AND OTHER FINANCIAL INSTITUTIONS / GDP 1960-2007 5272 5019 0.00397 2.698 0.386 0.353 Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI BANK DEPOSITS / GDP 1960-2007 5296 4995 0.00081 4.292 0.389 0.355 Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI FINANCIAL SYSTEM DEPOSITS / GDP 1960-2007 5299 4992 0.00081 4.268 0.398 0.359 Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI BANK CREDIT / BANK DEPOSITS 1960-2007 6711 3580 0.0114 27.139 0.972 0.694 Description: Private credit by deposit money banks as a share of demand, time and saving deposits in deposit money banks. LIQUID LIABILITIES (IN MIL. 2000 USD) 1960-2007 5959 4332 0.263 11400000 146867.649 792139.85 Absolute value of liquid liabilities in 2000 US dollars BANK OVERHEAD COSTS / TOTAL ASSETS 1960-2007 2329 7962 0.00177 0.27 0.0435 0.0294 Description: Accounting value of a bank's overhead costs as a share of its total assets. NET INTEREST MARGIN 1960-2007 2296 7995 0.00369 0.42 0.051 0.0374 Description: Accounting value of bank's net interest revenue as a share of its interest-bearing (total earning) assets. BANK CONCENTRATION 1960-2007 2374 7917 0.14 1 0.716 0.206 Description: Assets of three largest banks as a share of assets of all commercial banks. BANK ROA 1960-2007 2377 7914 -1.676 0.672 0.0125 0.0473 Average Return on Assets (Net Income/Total Assets) BANK ROE 1960-2007 2377 7914 -1.84 2.825 0.135 0.203 Average Return on Assets (Net Income/Total Equity) BANK COST-INCOME RATIO 1960-2007 2352 7939 0.135 1.929 0.656 0.213 Total costs as a share of total income of all commercial banks. BANK Z-SCORE 1960-2007 1679 8612 0.366 91.414 11.39 9.813 Z-score is estimated as ROA+equity/assets)/sd(ROA); the standard deviation of ROA, sd(ROA), is estimated as a 5-year moving average LIFE INSURANCE PREMIUM VOLUME / GDP 1960-2007 2403 7888 3.5e-05 0.357 0.0195 0.0302 Description: Life insurance premium volume as a share of GDP NON-LIFE INSURANCE PREMIUM VOLUME / GDP 1960-2007 1627 8664 0.00111 0.0672 0.0199 0.0119 Description: Nonlife insurance premium volume as a share of GDP STOCK MARKET CAPITALIZATION / GDP 1960-2007 1990 8301 0.000125 6.035 0.442 0.567 Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI STOCK MARKET TOTAL VALUE TRADED / GDP 1960-2007 2025 8266 1.11e-05 6.323 0.263 0.572 Total shares traded on the stock market exchange to GDP STOCK MARKET TURNOVER RATIO 1960-2007 2055 8236 0.0001 16.781 0.427 0.741 Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI P_a is average annual CPI NO. OF LISTED COMPANIES PER 10K POPULATION 1960-2007 2175 8116 7.03e-05 11.305 0.257 0.541 Description: Number of publicly listed companies per capita. PRIVATE BOND MARKET CAPITALIZATION / GDP 1960-2007 773 9518 8.86e-05 3.684 0.272 0.347 Private domestic debt securities issued by financial institutions and corporations as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is amount outstanding of private domestic debt securities, P_e is end-of period CPI, and P_a is average annual CPI PUBLIC BOND MARKET CAPITALIZATION / GDP 1960-2007 906 9385 0.000186 3.247 0.335 0.261 Public domestic debt securities issued by government as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is amount outstanding of public domestic debt securities, P_e is end-of period CPI, and P_a is average annual CPI INTERNATIONAL DEBT ISSUES / GDP 1960-2007 1709 8582 0.000248 3.326 0.17 0.272 Description: International Debt Securities (Amt Outstanding) as a share of GDP LOANS FROM NON-RESIDENT BANKS (NET) / GDP 1960-2007 669 9622 1.09e-05 1.136 0.0185 0.0542 Description: International Debt Securities (Net Issues) as a share of GDP LOANS FROM NON-RESIDENT BANKS (AMT OUTSTANDING) / GDP 1960-2007 2278 8013 0.000781 228.83 0.893 6.937 Description: Offshore bank loans relative to GDP OFFSHORE BANK DEPOSITS / DOMESTIC BANK DEPOSITS 1960-2007 2303 7988 0.00253 335.583 1.649 17.33 Description: Offshore bank deposits relative to domestic deposits REMITTANCE INFLOWS / GDP 1960-2007 4034 6257 1.36e-05 7.548 0.0476 0.251 Description: Net remittance inflows as a share of GDP COUNTRY 1960-2007 10288 3 1 Afghanistan 2 Albania 3 Algeria 4 American Samoa 5 Andorra 6 Angola 7 Antigua and Barbuda 8 Argentina 9 Armenia 10 Aruba 11 Australia 12 Austria 13 Azerbaijan 14 Bahamas, The 15 Bahrain 16 Bangladesh 17 Barbados 18 Belarus 19 Belgium 20 Belize 21 Benin 22 Bermuda 23 Bhutan 24 Bolivia 25 Bosnia and Herzegovina 26 Botswana 27 Brazil 28 Brunei Darussalam 29 Bulgaria 30 Burkina Faso 31 Burundi 32 Cambodia 33 Cameroon 34 Canada 35 Cape Verde 36 Cayman Islands 37 Central African Republic 38 Chad 39 Channel Islands 40 Chile 41 China 42 Colombia 43 Comoros 44 Congo, Dem. Rep. 45 Congo, Rep. 46 Costa Rica 47 Croatia 48 Cuba 49 Cyprus 50 Czech Republic 51 Côte d'Ivoire 52 Denmark 53 Djibouti 54 Dominica 55 Dominican Republic 56 Ecuador 57 Egypt, Arab Rep. 58 El Salvador 59 Equatorial Guinea 60 Eritrea 61 Estonia 62 Ethiopia 63 Faeroe Islands 64 Fiji 65 Finland 66 France 67 French Polynesia 68 Gabon 69 Gambia, The 70 Georgia 71 Germany 72 Ghana 73 Greece 74 Greenland 75 Grenada 76 Guam 77 Guatemala 78 Guinea 79 Guinea-Bissau 80 Guyana 81 Haiti 82 Honduras 83 Hong Kong, China 84 Hungary 85 Iceland 86 India 87 Indonesia 88 Iran, Islamic Rep. 89 Iraq 90 Ireland 91 Isle of Man 92 Israel 93 Italy 94 Jamaica 95 Japan 96 Jordan 97 Kazakhstan 98 Kenya 99 Kiribati 100 Korea, Dem. Rep. 101 Korea, Rep. 102 Kuwait 103 Kyrgyz Republic 104 Lao PDR 105 Latvia 106 Lebanon 107 Lesotho 108 Liberia 109 Libya 110 Liechtenstein 111 Lithuania 112 Luxembourg 113 Macao, China 114 Macedonia, FYR 115 Madagascar 116 Malawi 117 Malaysia 118 Maldives 119 Mali 120 Malta 121 Marshall Islands 122 Mauritania 123 Mauritius 124 Mayotte 125 Mexico 126 Micronesia, Fed. Sts. 127 Moldova 128 Monaco 129 Mongolia 130 Montenegro 131 Morocco 132 Mozambique 133 Myanmar 134 Namibia 135 Nepal 136 Netherlands 137 Netherlands Antilles 138 New Caledonia 139 New Zealand 140 Nicaragua 141 Niger 142 Nigeria 143 Northern Mariana Islands 144 Norway 145 Oman 146 Pakistan 147 Palau 148 Panama 149 Papua New Guinea 150 Paraguay 151 Peru 152 Philippines 153 Poland 154 Portugal 155 Puerto Rico 156 Qatar 157 Romania 158 Russian Federation 159 Rwanda 160 Samoa 161 Saudi Arabia 162 Senegal 163 Serbia 164 Serbia and Montenegro 165 Seychelles 166 Sierra Leone 167 Singapore 168 Slovak Republic 169 Slovenia 170 Solomon Islands 171 Somalia 172 South Africa 173 Spain 174 Sri Lanka 175 St. Kitts and Nevis 176 St. Lucia 177 St. Vincent and the Grenadines 178 Sudan 179 Suriname 180 Swaziland 181 Sweden 182 Switzerland 183 Syrian Arab Republic 184 São Tomé and Principe 185 Taiwan, China 186 Tajikistan 187 Tanzania 188 Thailand 189 Timor-Leste 190 Togo 191 Tonga 192 Trinidad and Tobago 193 Tunisia 194 Turkey 195 Turkmenistan 196 Uganda 197 Ukraine 198 United Arab Emirates 199 United Kingdom 200 United States 201 Uruguay 202 Uzbekistan 203 Vanuatu 204 Venezuela, RB 205 Vietnam 206 Virgin Islands (U.S.) 207 West Bank and Gaza 208 Yemen, Rep. 209 Zambia 210 Zimbabwe Sysmiss WB COUNTRY CODE 1960-2007 10291 1 ABW 2 ADO 3 AFG 4 AGO 5 ALB 6 ANT 7 ARE 8 ARG 9 ARM 10 ASM 11 ATG 12 AUS 13 AUT 14 AZE 15 BDI 16 BEL 17 BEN 18 BFA 19 BGD 20 BGR 21 BHR 22 BHS 23 BIH 24 BLR 25 BLZ 26 BMU 27 BOL 28 BRA 29 BRB 30 BRN 31 BTN 32 BWA 33 CAF 34 CAN 35 CHE 36 CHI 37 CHL 38 CHN 39 CIV 40 CMR 41 COG 42 COL 43 COM 44 CPV 45 CRI 46 CUB 47 CYM 48 CYP 49 CZE 50 DEU 51 DJI 52 DMA 53 DNK 54 DOM 55 DZA 56 ECU 57 EGY 58 ERI 59 ESP 60 EST 61 ETH 62 FIN 63 FJI 64 FRA 65 FRO 66 FSM 67 GAB 68 GBR 69 GEO 70 GHA 71 GIN 72 GMB 73 GNB 74 GNQ 75 GRC 76 GRD 77 GRL 78 GTM 79 GUM 80 GUY 81 HKG 82 HND 83 HRV 84 HTI 85 HUN 86 IDN 87 IMY 88 IND 89 IRL 90 IRN 91 IRQ 92 ISL 93 ISR 94 ITA 95 JAM 96 JOR 97 JPN 98 KAZ 99 KEN 100 KGZ 101 KHM 102 KIR 103 KNA 104 KOR 105 KWT 106 LAO 107 LBN 108 LBR 109 LBY 110 LCA 111 LIE 112 LKA 113 LSO 114 LTU 115 LUX 116 LVA 117 MAC 118 MAR 119 MCO 120 MDA 121 MDG 122 MDV 123 MEX 124 MHL 125 MKD 126 MLI 127 MLT 128 MMR 129 MNE 130 MNG 131 MNP 132 MOZ 133 MRT 134 MUS 135 MWI 136 MYS 137 MYT 138 NAM 139 NCL 140 NER 141 NGA 142 NIC 143 NLD 144 NOR 145 NPL 146 NZL 147 OMN 148 PAK 149 PAN 150 PER 151 PHL 152 PLW 153 PNG 154 POL 155 PRI 156 PRK 157 PRT 158 PRY 159 PYF 160 QAT 161 ROM 162 RUS 163 RWA 164 SAU 165 SDN 166 SEN 167 SGP 168 SLB 169 SLE 170 SLV 171 SMR 172 SOM 173 SRB 174 STP 175 SUR 176 SVK 177 SVN 178 SWE 179 SWZ 180 SYC 181 SYR 182 TCD 183 TGO 184 THA 185 TJK 186 TKM 187 TMP 188 TON 189 TTO 190 TUN 191 TUR 192 TWN 193 TZA 194 UGA 195 UKR 196 URY 197 USA 198 UZB 199 VCT 200 VEN 201 VIR 202 VNM 203 VUT 204 WBG 205 WSM 206 YEM 207 YUG 208 ZAF 209 ZAR 210 ZMB 211 ZWE WB REGION 1960-2007 10288 3 1 .. 2 East Asia & Pacific 3 Europe & Central Asia 4 Latin America & Caribbean 5 Middle East & North Africa 6 South Asia 7 Sub-Saharan Africa Sysmiss WB INCOME GROUP 1960-2007 10288 3 1 High income: OECD 2 High income: nonOECD 3 Low income 4 Lower middle income 5 Upper middle income Sysmiss COUNTRY 1960-2007 10079 Afghanistan Albania Algeria American Samoa Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Croatia Cuba Cyprus Czech Republic Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Northern Mariana Islands Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Samoa Saudi Arabia Senegal Serbia Serbia and Montenegro Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic São Tomé and Principe Taiwan, China Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB COUNTRY CODE 1960-2007 10079 ABW ADO AFG AGO ALB ANT ARE ARG ARM ASM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHI CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GRL GTM GUM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNE MNG MNP MOZ MRT MUS MWI MYS MYT NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRI PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SOM SRB STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TWN TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM YUG ZAF ZAR ZMB ZWE YEAR 1960-2007 10079 1960 2007 1983.498 WB REGION 1960-2007 10079 .. East Asia & Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia Sub-Saharan Africa WB INCOME GROUP 1960-2007 10079 High income: OECD High income: nonOECD Low income Lower middle income Upper middle income BANK DEPOSITS / GDP 1960-2007 5160 4919 1.54e-09 3.896 0.383 0.347 CENTRAL BANK ASSETS / GDP 1960-2007 4797 5282 3.82e-18 2.65 0.0799 0.118 DEPOSIT MONEY BANK ASSETS / GDP 1960-2007 5154 4925 2.45e-09 2.704 0.429 0.365 FINANCIAL SYSTEM DEPOSITS / GDP 1960-2007 5163 4916 1.54e-09 3.896 0.393 0.352 INTERNATIONAL DEBT ISSUES / GDP 1960-2007 2708 7371 3.22 0.0967 0.207 LIQUID LIABILITIES / GDP 1960-2007 4923 5156 0.00194 153.462 0.611 4.531 LOANS FROM NON-RESIDENT BANKS (AMT OUTSTANDING) / GDP 1960-2007 2160 7919 228.83 0.848 6.616 OTHER FINANCIAL INSTITUTIONS ASSETS / GDP 1960-2007 1299 8780 1.47e-05 1.612 0.177 0.234 PRIVATE CREDIT BY DEPOSIT MONEY BANKS / GDP 1960-2007 5119 4960 0.00114 2.698 0.345 0.317 PRIVATE CREDIT BY DEPOSIT MONEY BANKS AND OTHER FINANCIAL INSTITUTIONS / GDP 1960-2007 5133 4946 0.00114 2.698 0.38 0.346 PRIVATE BOND MARKET CAPITALIZATION / GDP 1960-2007 882 9197 3.558 0.219 0.31 PUBLIC BOND MARKET CAPITALIZATION / GDP 1960-2007 882 9197 3.247 0.323 0.263 STOCK MARKET CAPITALIZATION / GDP 1960-2007 1911 8168 0.000125 5.005 0.421 0.535 BANK CREDIT / BANK DEPOSITS 1960-2007 6536 3543 0.0114 27.139 0.972 0.698 BANK CONCENTRATION 1960-2007 2240 7839 0.148 1 0.714 0.206 BANK COST-INCOME RATIO 1960-2007 2225 7854 0.135 1.917 0.659 0.213 DEPOSIT MONEY BANK ASSETS / (DEPOSIT MONEY + CENTRAL) BANK ASSETS 1960-2007 5983 4096 0.0173 1 0.786 0.217 LIFE INSURANCE PREMIUM VOLUME / GDP 1960-2007 2362 7717 0.357 0.0188 0.0292 NON-LIFE INSURANCE PREMIUM VOLUME / GDP 1960-2007 1586 8493 0.0886 0.0197 0.0121 LOANS FROM NON-RESIDENT BANKS (NET) / GDP 1960-2007 2830 7249 -0.167 1.136 0.00375 0.028 NO. OF LISTED COMPANIES PER 10K POPULATION 1960-2007 2087 7992 11.305 0.256 0.543 LIQUID LIABILITIES (IN MIL. 2000 USD) 1960-2007 5807 4272 0.263 11400000 143354.142 777831.807 NET INTEREST MARGIN 1960-2007 2163 7916 0.00545 0.42 0.0513 0.0377 OFFSHORE BANK DEPOSITS / DOMESTIC BANK DEPOSITS 1960-2007 2190 7889 335.583 1.664 17.661 BANK OVERHEAD COSTS / TOTAL ASSETS 1960-2007 2197 7882 0.00177 0.27 0.0437 0.0292 REMITTANCE INFLOWS / GDP 1960-2007 3904 6175 6.745 0.0453 0.225 BANK ROA 1960-2007 2240 7839 -0.433 0.162 0.013 0.0249 BANK ROE 1960-2007 2240 7839 -1.84 2.825 0.132 0.202 STOCK MARKET TURNOVER RATIO 1960-2007 2002 8077 16.781 0.417 0.742 STOCK MARKET TOTAL VALUE TRADED / GDP 1960-2007 2008 8071 6.323 0.246 0.537 COUNTRY 1960-2007 10079 1 Afghanistan 2 Albania 3 Algeria 4 American Samoa 5 Andorra 6 Angola 7 Antigua and Barbuda 8 Argentina 9 Armenia 10 Aruba 11 Australia 12 Austria 13 Azerbaijan 14 Bahamas, The 15 Bahrain 16 Bangladesh 17 Barbados 18 Belarus 19 Belgium 20 Belize 21 Benin 22 Bermuda 23 Bhutan 24 Bolivia 25 Bosnia and Herzegovina 26 Botswana 27 Brazil 28 Brunei Darussalam 29 Bulgaria 30 Burkina Faso 31 Burundi 32 Cambodia 33 Cameroon 34 Canada 35 Cape Verde 36 Cayman Islands 37 Central African Republic 38 Chad 39 Channel Islands 40 Chile 41 China 42 Colombia 43 Comoros 44 Congo, Dem. Rep. 45 Congo, Rep. 46 Costa Rica 47 Croatia 48 Cuba 49 Cyprus 50 Czech Republic 51 Côte d'Ivoire 52 Denmark 53 Djibouti 54 Dominica 55 Dominican Republic 56 Ecuador 57 Egypt, Arab Rep. 58 El Salvador 59 Equatorial Guinea 60 Eritrea 61 Estonia 62 Ethiopia 63 Faeroe Islands 64 Fiji 65 Finland 66 France 67 French Polynesia 68 Gabon 69 Gambia, The 70 Georgia 71 Germany 72 Ghana 73 Greece 74 Greenland 75 Grenada 76 Guam 77 Guatemala 78 Guinea 79 Guinea-Bissau 80 Guyana 81 Haiti 82 Honduras 83 Hong Kong, China 84 Hungary 85 Iceland 86 India 87 Indonesia 88 Iran, Islamic Rep. 89 Iraq 90 Ireland 91 Isle of Man 92 Israel 93 Italy 94 Jamaica 95 Japan 96 Jordan 97 Kazakhstan 98 Kenya 99 Kiribati 100 Korea, Dem. Rep. 101 Korea, Rep. 102 Kuwait 103 Kyrgyz Republic 104 Lao PDR 105 Latvia 106 Lebanon 107 Lesotho 108 Liberia 109 Libya 110 Liechtenstein 111 Lithuania 112 Luxembourg 113 Macao, China 114 Macedonia, FYR 115 Madagascar 116 Malawi 117 Malaysia 118 Maldives 119 Mali 120 Malta 121 Marshall Islands 122 Mauritania 123 Mauritius 124 Mayotte 125 Mexico 126 Micronesia, Fed. Sts. 127 Moldova 128 Monaco 129 Mongolia 130 Montenegro 131 Morocco 132 Mozambique 133 Myanmar 134 Namibia 135 Nepal 136 Netherlands 137 Netherlands Antilles 138 New Caledonia 139 New Zealand 140 Nicaragua 141 Niger 142 Nigeria 143 Northern Mariana Islands 144 Norway 145 Oman 146 Pakistan 147 Palau 148 Panama 149 Papua New Guinea 150 Paraguay 151 Peru 152 Philippines 153 Poland 154 Portugal 155 Puerto Rico 156 Qatar 157 Romania 158 Russian Federation 159 Rwanda 160 Samoa 161 Saudi Arabia 162 Senegal 163 Serbia 164 Serbia and Montenegro 165 Seychelles 166 Sierra Leone 167 Singapore 168 Slovak Republic 169 Slovenia 170 Solomon Islands 171 Somalia 172 South Africa 173 Spain 174 Sri Lanka 175 St. Kitts and Nevis 176 St. Lucia 177 St. Vincent and the Grenadines 178 Sudan 179 Suriname 180 Swaziland 181 Sweden 182 Switzerland 183 Syrian Arab Republic 184 São Tomé and Principe 185 Taiwan, China 186 Tajikistan 187 Tanzania 188 Thailand 189 Timor-Leste 190 Togo 191 Tonga 192 Trinidad and Tobago 193 Tunisia 194 Turkey 195 Turkmenistan 196 Uganda 197 Ukraine 198 United Arab Emirates 199 United Kingdom 200 United States 201 Uruguay 202 Uzbekistan 203 Vanuatu 204 Venezuela, RB 205 Vietnam 206 Virgin Islands (U.S.) 207 West Bank and Gaza 208 Yemen, Rep. 209 Zambia 210 Zimbabwe WB COUNTRY CODE 1960-2007 10079 1 ABW 2 ADO 3 AFG 4 AGO 5 ALB 6 ANT 7 ARE 8 ARG 9 ARM 10 ASM 11 ATG 12 AUS 13 AUT 14 AZE 15 BDI 16 BEL 17 BEN 18 BFA 19 BGD 20 BGR 21 BHR 22 BHS 23 BIH 24 BLR 25 BLZ 26 BMU 27 BOL 28 BRA 29 BRB 30 BRN 31 BTN 32 BWA 33 CAF 34 CAN 35 CHE 36 CHI 37 CHL 38 CHN 39 CIV 40 CMR 41 COG 42 COL 43 COM 44 CPV 45 CRI 46 CUB 47 CYM 48 CYP 49 CZE 50 DEU 51 DJI 52 DMA 53 DNK 54 DOM 55 DZA 56 ECU 57 EGY 58 ERI 59 ESP 60 EST 61 ETH 62 FIN 63 FJI 64 FRA 65 FRO 66 FSM 67 GAB 68 GBR 69 GEO 70 GHA 71 GIN 72 GMB 73 GNB 74 GNQ 75 GRC 76 GRD 77 GRL 78 GTM 79 GUM 80 GUY 81 HKG 82 HND 83 HRV 84 HTI 85 HUN 86 IDN 87 IMY 88 IND 89 IRL 90 IRN 91 IRQ 92 ISL 93 ISR 94 ITA 95 JAM 96 JOR 97 JPN 98 KAZ 99 KEN 100 KGZ 101 KHM 102 KIR 103 KNA 104 KOR 105 KWT 106 LAO 107 LBN 108 LBR 109 LBY 110 LCA 111 LIE 112 LKA 113 LSO 114 LTU 115 LUX 116 LVA 117 MAC 118 MAR 119 MCO 120 MDA 121 MDG 122 MDV 123 MEX 124 MHL 125 MKD 126 MLI 127 MLT 128 MMR 129 MNE 130 MNG 131 MNP 132 MOZ 133 MRT 134 MUS 135 MWI 136 MYS 137 MYT 138 NAM 139 NCL 140 NER 141 NGA 142 NIC 143 NLD 144 NOR 145 NPL 146 NZL 147 OMN 148 PAK 149 PAN 150 PER 151 PHL 152 PLW 153 PNG 154 POL 155 PRI 156 PRK 157 PRT 158 PRY 159 PYF 160 QAT 161 ROM 162 RUS 163 RWA 164 SAU 165 SDN 166 SEN 167 SGP 168 SLB 169 SLE 170 SLV 171 SOM 172 SRB 173 STP 174 SUR 175 SVK 176 SVN 177 SWE 178 SWZ 179 SYC 180 SYR 181 TCD 182 TGO 183 THA 184 TJK 185 TKM 186 TMP 187 TON 188 TTO 189 TUN 190 TUR 191 TWN 192 TZA 193 UGA 194 UKR 195 URY 196 USA 197 UZB 198 VCT 199 VEN 200 VIR 201 VNM 202 VUT 203 WBG 204 WSM 205 YEM 206 YUG 207 ZAF 208 ZAR 209 ZMB 210 ZWE WB REGION 1960-2007 10079 1 .. 2 East Asia & Pacific 3 Europe & Central Asia 4 Latin America & Caribbean 5 Middle East & North Africa 6 South Asia 7 Sub-Saharan Africa WB INCOME GROUP 1960-2007 10079 1 High income: OECD 2 High income: nonOECD 3 Low income 4 Lower middle income 5 Upper middle income Country 10080 Afghanistan Albania Algeria American Samoa Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Croatia Cuba Cyprus Czech Republic Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Northern Mariana Islands Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Samoa Saudi Arabia Senegal Serbia Serbia and Montenegro Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic São Tomé and Principe Taiwan, China Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB Country Code 10080 ABW ADO AFG AGO ALB ANT ARE ARG ARM ASM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHI CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GRL GTM GUM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNE MNG MNP MOZ MRT MUS MWI MYS MYT NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRI PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SOM SRB STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TWN TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM YUG ZAF ZAR ZMB ZWE Year 10080 1960 2007 WB Region 10080 .. East Asia & Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia Sub-Saharan Africa WB Income Group 10080 High income: OECD High income: nonOECD Low income Lower middle income Upper middle income Deposit Money Bank Assets / (Deposit Money + Central) Bank Assets 6010 4070 -0.109 1.336 0.784 0.219 Liquid Liabilities / GDP 5098 4982 0.00029 3.952 0.455 0.353 Central Bank Assets / GDP 4853 5227 3.82e-18 2.133 0.0792 0.11 Deposit Money Bank Assets / GDP 5216 4864 3.18e-09 2.769 0.42 0.364 Other Financial Institutions Assets / GDP 1938 8142 2.1e-08 2.107 0.162 0.243 Private Credit by Deposit Money Banks / GDP 5182 4898 0.000128 2.762 0.338 0.317 Private Credit by Deposit Money Banks and Other Financial Institutions / GDP 5197 4883 0.000128 3.451 0.379 0.353 Bank Deposits / GDP 5224 4856 1.38e-09 3.911 0.38 0.347 Financial System Deposits / GDP 5239 4841 1.38e-09 3.911 0.392 0.354 Bank Credit / Bank Deposits 6536 3544 0.0114 27.139 0.972 0.698 Currency Outside Banking System / Base Money 6388 3692 0.00188 1 0.398 0.159 Liquid Liabilities (in mil. 2000 USD) 4745 5335 0.025 36600000000 35103845.974 1009480383.378 Bank Overhead Costs / Total Assets 2276 7804 0.00177 0.27 0.0441 0.0298 Net Interest Margin 2239 7841 0.00545 0.42 0.052 0.038 Bank Concentration 2327 7753 0.161 1 0.718 0.207 Bank ROA 2239 7841 -0.433 0.162 0.013 0.0249 Bank ROE 2239 7841 -1.84 2.825 0.132 0.202 Bank Cost-Income Ratio 2225 7855 0.135 1.917 0.659 0.213 Bank Z-Score 2237 7843 -0.401 269.941 10.299 11.14 Life Insurance Premium Volume / GDP 2342 7738 3.5e-05 0.357 0.019 0.0293 Non-Life Insurance Premium Volume / GDP 1567 8513 0.00111 0.0672 0.0199 0.0119 Stock Market Capitalization / GDP 1951 8129 6.95e-05 5.279 0.418 0.544 Stock Market Total Value Traded / GDP 2020 8060 7.72e-07 6.323 0.247 0.54 Stock Market Turnover Ratio 1924 8156 4.07e-05 16.017 0.452 0.752 No. of listed companies (EMDB) 968 9112 1 6200 401.664 901.414 Private Bond Market Capitalization / GDP 734 9346 1.29e-05 3.558 0.263 0.324 Public Bond Market Capitalization / GDP 857 9223 0.000186 3.247 0.336 0.265 International debt issues/GDP 1633 8447 0.000248 3.22 0.16 0.246 Loans from non-resident banks (net)/GDP 981 9099 -0.167 1.136 0.0108 0.0468 Loans from non-resident banks (amt outstanding)/GDP 2126 7954 0.000781 228.83 0.862 6.667 Offshore Bank Deposits / Domestic Bank Deposits 2302 7778 0.00655 151.943 1.443 7.002 Remittance Inflows / GDP 3881 6199 1.53e-05 1.17 0.0381 0.0831 Country 10080 1 Afghanistan 2 Albania 3 Algeria 4 American Samoa 5 Andorra 6 Angola 7 Antigua and Barbuda 8 Argentina 9 Armenia 10 Aruba 11 Australia 12 Austria 13 Azerbaijan 14 Bahamas, The 15 Bahrain 16 Bangladesh 17 Barbados 18 Belarus 19 Belgium 20 Belize 21 Benin 22 Bermuda 23 Bhutan 24 Bolivia 25 Bosnia and Herzegovina 26 Botswana 27 Brazil 28 Brunei Darussalam 29 Bulgaria 30 Burkina Faso 31 Burundi 32 Cambodia 33 Cameroon 34 Canada 35 Cape Verde 36 Cayman Islands 37 Central African Republic 38 Chad 39 Channel Islands 40 Chile 41 China 42 Colombia 43 Comoros 44 Congo, Dem. Rep. 45 Congo, Rep. 46 Costa Rica 47 Croatia 48 Cuba 49 Cyprus 50 Czech Republic 51 Côte d'Ivoire 52 Denmark 53 Djibouti 54 Dominica 55 Dominican Republic 56 Ecuador 57 Egypt, Arab Rep. 58 El Salvador 59 Equatorial Guinea 60 Eritrea 61 Estonia 62 Ethiopia 63 Faeroe Islands 64 Fiji 65 Finland 66 France 67 French Polynesia 68 Gabon 69 Gambia, The 70 Georgia 71 Germany 72 Ghana 73 Greece 74 Greenland 75 Grenada 76 Guam 77 Guatemala 78 Guinea 79 Guinea-Bissau 80 Guyana 81 Haiti 82 Honduras 83 Hong Kong, China 84 Hungary 85 Iceland 86 India 87 Indonesia 88 Iran, Islamic Rep. 89 Iraq 90 Ireland 91 Isle of Man 92 Israel 93 Italy 94 Jamaica 95 Japan 96 Jordan 97 Kazakhstan 98 Kenya 99 Kiribati 100 Korea, Dem. Rep. 101 Korea, Rep. 102 Kuwait 103 Kyrgyz Republic 104 Lao PDR 105 Latvia 106 Lebanon 107 Lesotho 108 Liberia 109 Libya 110 Liechtenstein 111 Lithuania 112 Luxembourg 113 Macao, China 114 Macedonia, FYR 115 Madagascar 116 Malawi 117 Malaysia 118 Maldives 119 Mali 120 Malta 121 Marshall Islands 122 Mauritania 123 Mauritius 124 Mayotte 125 Mexico 126 Micronesia, Fed. Sts. 127 Moldova 128 Monaco 129 Mongolia 130 Montenegro 131 Morocco 132 Mozambique 133 Myanmar 134 Namibia 135 Nepal 136 Netherlands 137 Netherlands Antilles 138 New Caledonia 139 New Zealand 140 Nicaragua 141 Niger 142 Nigeria 143 Northern Mariana Islands 144 Norway 145 Oman 146 Pakistan 147 Palau 148 Panama 149 Papua New Guinea 150 Paraguay 151 Peru 152 Philippines 153 Poland 154 Portugal 155 Puerto Rico 156 Qatar 157 Romania 158 Russian Federation 159 Rwanda 160 Samoa 161 Saudi Arabia 162 Senegal 163 Serbia 164 Serbia and Montenegro 165 Seychelles 166 Sierra Leone 167 Singapore 168 Slovak Republic 169 Slovenia 170 Solomon Islands 171 Somalia 172 South Africa 173 Spain 174 Sri Lanka 175 St. Kitts and Nevis 176 St. Lucia 177 St. Vincent and the Grenadines 178 Sudan 179 Suriname 180 Swaziland 181 Sweden 182 Switzerland 183 Syrian Arab Republic 184 São Tomé and Principe 185 Taiwan, China 186 Tajikistan 187 Tanzania 188 Thailand 189 Timor-Leste 190 Togo 191 Tonga 192 Trinidad and Tobago 193 Tunisia 194 Turkey 195 Turkmenistan 196 Uganda 197 Ukraine 198 United Arab Emirates 199 United Kingdom 200 United States 201 Uruguay 202 Uzbekistan 203 Vanuatu 204 Venezuela, RB 205 Vietnam 206 Virgin Islands (U.S.) 207 West Bank and Gaza 208 Yemen, Rep. 209 Zambia 210 Zimbabwe WB Country Code 10080 1 ABW 2 ADO 3 AFG 4 AGO 5 ALB 6 ANT 7 ARE 8 ARG 9 ARM 10 ASM 11 ATG 12 AUS 13 AUT 14 AZE 15 BDI 16 BEL 17 BEN 18 BFA 19 BGD 20 BGR 21 BHR 22 BHS 23 BIH 24 BLR 25 BLZ 26 BMU 27 BOL 28 BRA 29 BRB 30 BRN 31 BTN 32 BWA 33 CAF 34 CAN 35 CHE 36 CHI 37 CHL 38 CHN 39 CIV 40 CMR 41 COG 42 COL 43 COM 44 CPV 45 CRI 46 CUB 47 CYM 48 CYP 49 CZE 50 DEU 51 DJI 52 DMA 53 DNK 54 DOM 55 DZA 56 ECU 57 EGY 58 ERI 59 ESP 60 EST 61 ETH 62 FIN 63 FJI 64 FRA 65 FRO 66 FSM 67 GAB 68 GBR 69 GEO 70 GHA 71 GIN 72 GMB 73 GNB 74 GNQ 75 GRC 76 GRD 77 GRL 78 GTM 79 GUM 80 GUY 81 HKG 82 HND 83 HRV 84 HTI 85 HUN 86 IDN 87 IMY 88 IND 89 IRL 90 IRN 91 IRQ 92 ISL 93 ISR 94 ITA 95 JAM 96 JOR 97 JPN 98 KAZ 99 KEN 100 KGZ 101 KHM 102 KIR 103 KNA 104 KOR 105 KWT 106 LAO 107 LBN 108 LBR 109 LBY 110 LCA 111 LIE 112 LKA 113 LSO 114 LTU 115 LUX 116 LVA 117 MAC 118 MAR 119 MCO 120 MDA 121 MDG 122 MDV 123 MEX 124 MHL 125 MKD 126 MLI 127 MLT 128 MMR 129 MNE 130 MNG 131 MNP 132 MOZ 133 MRT 134 MUS 135 MWI 136 MYS 137 MYT 138 NAM 139 NCL 140 NER 141 NGA 142 NIC 143 NLD 144 NOR 145 NPL 146 NZL 147 OMN 148 PAK 149 PAN 150 PER 151 PHL 152 PLW 153 PNG 154 POL 155 PRI 156 PRK 157 PRT 158 PRY 159 PYF 160 QAT 161 ROM 162 RUS 163 RWA 164 SAU 165 SDN 166 SEN 167 SGP 168 SLB 169 SLE 170 SLV 171 SOM 172 SRB 173 STP 174 SUR 175 SVK 176 SVN 177 SWE 178 SWZ 179 SYC 180 SYR 181 TCD 182 TGO 183 THA 184 TJK 185 TKM 186 TMP 187 TON 188 TTO 189 TUN 190 TUR 191 TWN 192 TZA 193 UGA 194 UKR 195 URY 196 USA 197 UZB 198 VCT 199 VEN 200 VIR 201 VNM 202 VUT 203 WBG 204 WSM 205 YEM 206 YUG 207 ZAF 208 ZAR 209 ZMB 210 ZWE WB Region 10080 1 .. 2 East Asia & Pacific 3 Europe & Central Asia 4 Latin America & Caribbean 5 Middle East & North Africa 6 South Asia 7 Sub-Saharan Africa WB Income Group 10080 1 High income: OECD 2 High income: nonOECD 3 Low income 4 Lower middle income 5 Upper middle income Country 1960-2004 9495 Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Cote d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montserrat Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Northern Mariana Islands Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia and Montenegro Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic Taiwan, China Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB Country Code 1960-2004 9495 ABW ADO AFG AGO AIA ALB ANT ARE ARG ARM ASM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHI CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GRL GTM GUM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNG MNP MOZ MRT MSR MUS MWI MYS MYT NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRI PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SMR SOM STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TWN TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM YUG ZAF ZAR ZMB ZWE WB Region 1960-2004 6885 East Asia & Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia Sub-Saharan Africa WB Income Group 1960-2004 9405 High income: OECD High income: nonOECD Low income Lower middle income Upper middle income Year 1960-2004 9495 1960 2004 1982 12.988 Central Bank Assets / Total Financial Assets 1960-2004 1984 7511 -0.0153 1 0.164 0.175 Ratio of Central Bank claims on domestic nonfinancial real sector (IFS lines 12, a through d) to total financial claims on nonfinancial real sector (sum of IFS lines 12, 22, and 42, a through d and 42h) Deposit Money Bank Assets / Total Financial Assets 1960-2004 1984 7511 1 0.625 0.182 Ratio of deposit money bank claims on domestic nonfinancial real sector (IFS lines 22, a through d) to total financial claims on nonfinancial real sector (sum of IFS lines 12, 22, and 42, a through d and 42h) Other Financial Institutions Assets / Total Financial Assets 1960-2004 1984 7511 0.833 0.211 0.161 Ratio of other financial institutions' claims on domestic nonfinancial real sector (IFS lines 42, a through d and h) to total financial assets (sum of IFS lines 12, 22, and 42, a though d and 42h) Deposit Money Bank Assets / (Deposit Money + Central) Bank Assets 1960-2004 5729 3766 -0.109 1.336 0.789 0.216 Description: Ratio of deposit money bank claims on domestic nonfinancial real sector (as defined above) to the sum of deposit money bank and Central Bank claims on domestic nonfinancial real sector. Liquid Liabilities / GDP 1960-2004 4119 5376 2.609 0.409 0.299 Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI Central Bank Assets / GDP 1960-2004 4481 5014 -0.157 2.133 0.0809 0.115 Claims on domestic real nonfinancial sector by the Central Bank as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI Deposit Money Bank Assets / GDP 1960-2004 4606 4889 -0.0214 2.08 0.391 0.318 Other Financial Institutions Assets / GDP 1960-2004 1791 7704 1.852 0.176 0.245 Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI Private Credit by Deposit Money Banks / GDP 1960-2004 4582 4913 1.968 0.314 0.281 Private credit by deposit money banks to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI Private Credit by Deposit Money Banks and Other Financial Institutions / GDP 1960-2004 4597 4898 2.169 0.368 0.336 Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI Bank Deposits / GDP 1960-2004 4609 4886 3.4 0.355 0.307 Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI Financial System Deposits / GDP 1960-2004 4624 4871 3.4 0.377 0.331 Bank Overhead Costs / Total Assets 1960-2004 1738 7757 0.00202 0.261 0.0437 0.0295 Description: Accounting value of a bank's overhead costs as a share of its total assets. Net Interest Margin 1960-2004 1709 7786 0.00675 0.457 0.0524 0.0379 Description: Accounting value of bank's net interest revenue as a share of its interest-bearing (total earning) assets. Bank Concentration 1960-2004 1790 7705 0.227 1 0.733 0.202 Description: Assets of three largest banks as a share of assets of all commercial banks. Life Insurance Premium Volume / GDP 1960-2004 2116 7379 3.5e-05 0.284 0.0177 0.0259 Description: Life insurance premium volume as a share of GDP Non-Life Insurance Premium Volume / GDP 1960-2004 1340 8155 0.00111 0.399 0.0205 0.0209 Description: Nonlife insurance premium volume as a share of GDP Stock Market Capitalization / GDP 1960-2004 1541 7954 7e-05 4.863 0.382 0.503 Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI Stock Market Total Value Traded / GDP 1960-2004 1588 7907 1e-06 6.483 0.215 0.483 Description: Total shares traded on the stock market exchange to GDP Stock Market Turnover Ratio 1960-2004 1491 8004 4.1e-05 10.847 0.444 0.699 Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI P_a is average annual CPI Private Bond Market Capitalization / GDP 1960-2004 705 8790 1.981 0.209 0.255 Private domestic debt securities issued by financial institutions and corporations as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is amount outstanding of private domestic debt securities, P_e is end-of period CPI, and P_a is average annual CPI Public Bond Market Capitalization / GDP 1960-2004 705 8790 3.251 0.326 0.273 Public domestic debt securities issued by government as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is amount outstanding of public domestic debt securities, P_e is end-of period CPI, and P_a is average annual CPI Country 1960-2004 9495 1 Afghanistan 2 Albania 3 Algeria 4 American Samoa 5 Andorra 6 Angola 7 Anguilla 8 Antigua and Barbuda 9 Argentina 10 Armenia 11 Aruba 12 Australia 13 Austria 14 Azerbaijan 15 Bahamas, The 16 Bahrain 17 Bangladesh 18 Barbados 19 Belarus 20 Belgium 21 Belize 22 Benin 23 Bermuda 24 Bhutan 25 Bolivia 26 Bosnia and Herzegovina 27 Botswana 28 Brazil 29 Brunei 30 Bulgaria 31 Burkina Faso 32 Burundi 33 Cambodia 34 Cameroon 35 Canada 36 Cape Verde 37 Cayman Islands 38 Central African Republic 39 Chad 40 Channel Islands 41 Chile 42 China 43 Colombia 44 Comoros 45 Congo, Dem. Rep. 46 Congo, Rep. 47 Costa Rica 48 Cote d'Ivoire 49 Croatia 50 Cuba 51 Cyprus 52 Czech Republic 53 Denmark 54 Djibouti 55 Dominica 56 Dominican Republic 57 Ecuador 58 Egypt, Arab Rep. 59 El Salvador 60 Equatorial Guinea 61 Eritrea 62 Estonia 63 Ethiopia 64 Faeroe Islands 65 Fiji 66 Finland 67 France 68 French Polynesia 69 Gabon 70 Gambia, The 71 Georgia 72 Germany 73 Ghana 74 Greece 75 Greenland 76 Grenada 77 Guam 78 Guatemala 79 Guinea 80 Guinea-Bissau 81 Guyana 82 Haiti 83 Honduras 84 Hong Kong, China 85 Hungary 86 Iceland 87 India 88 Indonesia 89 Iran, Islamic Rep. 90 Iraq 91 Ireland 92 Isle of Man 93 Israel 94 Italy 95 Jamaica 96 Japan 97 Jordan 98 Kazakhstan 99 Kenya 100 Kiribati 101 Korea, Dem. Rep. 102 Korea, Rep. 103 Kuwait 104 Kyrgyz Republic 105 Lao PDR 106 Latvia 107 Lebanon 108 Lesotho 109 Liberia 110 Libya 111 Liechtenstein 112 Lithuania 113 Luxembourg 114 Macao, China 115 Macedonia, FYR 116 Madagascar 117 Malawi 118 Malaysia 119 Maldives 120 Mali 121 Malta 122 Marshall Islands 123 Mauritania 124 Mauritius 125 Mayotte 126 Mexico 127 Micronesia, Fed. Sts. 128 Moldova 129 Monaco 130 Mongolia 131 Montserrat 132 Morocco 133 Mozambique 134 Myanmar 135 Namibia 136 Nepal 137 Netherlands 138 Netherlands Antilles 139 New Caledonia 140 New Zealand 141 Nicaragua 142 Niger 143 Nigeria 144 Northern Mariana Islands 145 Norway 146 Oman 147 Pakistan 148 Palau 149 Panama 150 Papua New Guinea 151 Paraguay 152 Peru 153 Philippines 154 Poland 155 Portugal 156 Puerto Rico 157 Qatar 158 Romania 159 Russian Federation 160 Rwanda 161 Samoa 162 San Marino 163 Sao Tome and Principe 164 Saudi Arabia 165 Senegal 166 Serbia and Montenegro 167 Seychelles 168 Sierra Leone 169 Singapore 170 Slovak Republic 171 Slovenia 172 Solomon Islands 173 Somalia 174 South Africa 175 Spain 176 Sri Lanka 177 St. Kitts and Nevis 178 St. Lucia 179 St. Vincent and the Grenadines 180 Sudan 181 Suriname 182 Swaziland 183 Sweden 184 Switzerland 185 Syrian Arab Republic 186 Taiwan, China 187 Tajikistan 188 Tanzania 189 Thailand 190 Timor-Leste 191 Togo 192 Tonga 193 Trinidad and Tobago 194 Tunisia 195 Turkey 196 Turkmenistan 197 Uganda 198 Ukraine 199 United Arab Emirates 200 United Kingdom 201 United States 202 Uruguay 203 Uzbekistan 204 Vanuatu 205 Venezuela, RB 206 Vietnam 207 Virgin Islands (U.S.) 208 West Bank and Gaza 209 Yemen, Rep. 210 Zambia 211 Zimbabwe WB Country Code 1960-2004 9495 1 ABW 2 ADO 3 AFG 4 AGO 5 AIA 6 ALB 7 ANT 8 ARE 9 ARG 10 ARM 11 ASM 12 ATG 13 AUS 14 AUT 15 AZE 16 BDI 17 BEL 18 BEN 19 BFA 20 BGD 21 BGR 22 BHR 23 BHS 24 BIH 25 BLR 26 BLZ 27 BMU 28 BOL 29 BRA 30 BRB 31 BRN 32 BTN 33 BWA 34 CAF 35 CAN 36 CHE 37 CHI 38 CHL 39 CHN 40 CIV 41 CMR 42 COG 43 COL 44 COM 45 CPV 46 CRI 47 CUB 48 CYM 49 CYP 50 CZE 51 DEU 52 DJI 53 DMA 54 DNK 55 DOM 56 DZA 57 ECU 58 EGY 59 ERI 60 ESP 61 EST 62 ETH 63 FIN 64 FJI 65 FRA 66 FRO 67 FSM 68 GAB 69 GBR 70 GEO 71 GHA 72 GIN 73 GMB 74 GNB 75 GNQ 76 GRC 77 GRD 78 GRL 79 GTM 80 GUM 81 GUY 82 HKG 83 HND 84 HRV 85 HTI 86 HUN 87 IDN 88 IMY 89 IND 90 IRL 91 IRN 92 IRQ 93 ISL 94 ISR 95 ITA 96 JAM 97 JOR 98 JPN 99 KAZ 100 KEN 101 KGZ 102 KHM 103 KIR 104 KNA 105 KOR 106 KWT 107 LAO 108 LBN 109 LBR 110 LBY 111 LCA 112 LIE 113 LKA 114 LSO 115 LTU 116 LUX 117 LVA 118 MAC 119 MAR 120 MCO 121 MDA 122 MDG 123 MDV 124 MEX 125 MHL 126 MKD 127 MLI 128 MLT 129 MMR 130 MNG 131 MNP 132 MOZ 133 MRT 134 MSR 135 MUS 136 MWI 137 MYS 138 MYT 139 NAM 140 NCL 141 NER 142 NGA 143 NIC 144 NLD 145 NOR 146 NPL 147 NZL 148 OMN 149 PAK 150 PAN 151 PER 152 PHL 153 PLW 154 PNG 155 POL 156 PRI 157 PRK 158 PRT 159 PRY 160 PYF 161 QAT 162 ROM 163 RUS 164 RWA 165 SAU 166 SDN 167 SEN 168 SGP 169 SLB 170 SLE 171 SLV 172 SMR 173 SOM 174 STP 175 SUR 176 SVK 177 SVN 178 SWE 179 SWZ 180 SYC 181 SYR 182 TCD 183 TGO 184 THA 185 TJK 186 TKM 187 TMP 188 TON 189 TTO 190 TUN 191 TUR 192 TWN 193 TZA 194 UGA 195 UKR 196 URY 197 USA 198 UZB 199 VCT 200 VEN 201 VIR 202 VNM 203 VUT 204 WBG 205 WSM 206 YEM 207 YUG 208 ZAF 209 ZAR 210 ZMB 211 ZWE WB Region 1960-2004 6885 2610 1 East Asia & Pacific 2 Europe & Central Asia 3 Latin America & Caribbean 4 Middle East & North Africa 5 South Asia 6 Sub-Saharan Africa Sysmiss WB Income Group 1960-2004 9405 90 1 High income: OECD 2 High income: nonOECD 3 Low income 4 Lower middle income 5 Upper middle income Sysmiss Name of the country 1980-1995 106 Argentina Australia Austria Bahamas, The Bangladesh Barbados Belgium Bolivia Botswana Brazil Burkina Faso Burundi Cameroon Canada Chile Colombia Congo Costa Rica Cote d'ivoire Cyprus Denmark Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Fiji Finland France Gabon Gambia, The Germany Ghana Greece Guatemala Guyana Haiti Honduras Hong Kong Iceland India Indonesia Iran, Islamic Republic of Ireland Israel Italy Jamaica Japan Jordan Kenya Korea, Republic of Kuwait Lesotho Liberia Luxembourg Madagascar Malawi Malaysia Malta Mauritius Mexico Morocco Myanmar Nepal Netherlands New Zealand Niger Nigeria Norway Pakistan Panama Papua New guinea Paraguay Peru Philippines Portugal Rwanda Saudi Arabia Senegal Seychelles Sierra Leone Singapore South Africa Spain Sri Lanka St. Vincent and the grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Rep. Taiwan, China Tanzania Thailand Togo Trinidad and Tobago Tunisia Turkey United Kingdom United States Uruguay Venezuela Zaire Zambia Zimbabwe ISO country code 1980-1995 106 ARG AUS AUT BDI BEL BFA BGD BHS BOL BRA BRB BWA CAN CHE CHL CIV CMR COG COL CRI CYP DEU DMA DNK DOM ECU EGY ESP FIN FJI FRA GAB GBR GHA GMB GRC GTM GUY HKG HND HTI IDN IND IRL IRN ISL ISR ITA JAM JOR JPN KEN KOR KWT LBR LKA LSO LUX MAR MDG MEX MLT MMR MUS MWI MYS NER NGA NLD NOR NPL NZL PAK PAN PER PHL PNG PRT PRY RWA SAU SDN SEN SGP SLE SLV SUR SWE SWZ SYC SYR TGO THA TTO TUN TUR TWN TZA URY USA VCT VEN ZAF ZAR ZMB ZWE Growth rate, SH 1980-1995 97 9 -7.685 7.745 0.54 2.519 Description: Growth rate of real per capita GDP, average over 1980-92 Calculated as geometric growth rate and using data from Summer-Heston. Initial GDP, SH 1980-1995 104 2 457 20018 4879.558 4431.8 Real GDP per capita in 1980, using data from Summer-Heston Log(Initial GDP, SH) 1980-1995 104 2 6.125 9.904 8.04 1.008 ln(rgdpsh) Latin America 1980-1995 106 1 Dummy for Latin American countries Europe and Central Asia 1980-1995 106 1 Dummy for European and Central Asian countries Middle East/North Africa 1980-1995 106 1 Dummy for Middle Eastern and North African countries Sub-Saharan Africa 1980-1995 106 1 Dummy for Sub-Saharan African countries South Asia 1980-1995 106 1 Dummy for South Asian countries East Asia/Pacific 1980-1995 106 1 Dummy for East Asian and Pacific countries OECD 1980-1995 106 1 Dummy for OECD member countries Oil 1980-1995 106 1 Dummy for oil-exporting countries Assassinations 1980-1995 101 5 4 0.246 0.67 Number of assassinations per thousand inhabitants; average over 80s Civil Rights 1980-1995 101 5 1 7 3.465 2.048 Index of civil liberties, average over 80s, Scale from 1 (most freedom) to 7 (least freedom) . Revolutions/Coups 1980-1995 102 4 1.5 0.175 0.301 A revolution is defined as any illegal or forced change in the top governmental elite, any attempt at such a change, or any successful or unsuccessful armed rebellion whose aim is independence from central government. Coup d’Etat is defined as an extraconstitutional or forced change in the top government elite and/or its effective control of the nation’s power structure in a given year. Unsuccessful coups are not counted, Average over 80s. BMP 1980-1995 96 10 -0.754 1185.652 47.814 139.161 Black market premium; average over 1980-92. Log(BMP) 1980-1995 96 10 -0.00757 2.554 0.251 0.419 ln(1 + bmp) Initial BMP 1980-1995 96 10 -23.28 304 21.179 48.651 Black market premium in 1980 Log(Initial BMP) 1980-1995 96 10 -0.265 1.396 0.143 0.281 ln(1 + bmpi) Inflation 1980-1995 106 0.249 180.674 18.26 29.984 Inflation rate, calculated as log difference of CPI. Log(Inflation) 1980-1995 106 0.00249 1.032 0.146 0.189 ln(1 + pi) Initial Inflation 1980-1995 104 2 0.606 83.735 17.492 14.28 Inflation rate in 1980, calculated as log difference of CPI. Log(Initial Inflation) 1980-1995 104 2 0.00604 0.608 0.155 0.107 ln(1 + pii) Initial GDP 1980-1995 106 156.56 16874.33 4030.273 4852.593 Real GDP per capita in 1980. Log (Initial GDP) 1980-1995 106 5.053 9.734 7.505 1.344 ln(initial) Trade 1980-1995 99 7 10.339 355.716 72.699 50.808 Real exports and imports as share of real GDP, average over 1980-95. Initial Trade 1980-1995 97 9 9.334 318.192 69.707 48.83 Real exports and imports as share of real GDP in 1980. Government expenditure 1980-1995 95 11 7.201 40.211 15.586 5.867 Government expenditures as share of GDP, average over 1980-95. Initial Govt. expenditure 1980-1995 93 13 5.39 36.346 15.384 6.016 Government expenditures as share of GDP in 1980. Growth rate 1980-1995 105 1 -4.421 7.497 0.984 2.192 Growth rate of real per capita GDP, average over 1980-95; calculated as regression coefficient from OLS regression. Capital growth 1980-1995 104 2 -6.88 9.041 1.256 3.071 Growth rate of real per capita capital average over 1980-92; calculated as regression coefficient from OLS regression Schooling 1980 1980-1995 90 16 0.39 11.94 4.608 2.84 Average schooling years in the total population over 25 in 1980. Schooling 1990 1980-1995 90 16 0.55 12 5.304 2.789 Average schooling years in the total population over 25 in 1990. Growth in schooling 1980-1995 90 16 -0.658 6.451 2.042 1.794 [ln(school90) – ln(school80)] /0.1 Return on education 80 1980-1995 90 16 0.0523 1.208 0.561 0.303 The return on education is calculated as marginal return on human capital times number of average schooling years, where 13.4% is used for the first 4 years, 10.1% for the following 4 years and 6.8% for all years over 8. Return on education 90 1980-1995 90 16 0.0737 1.212 0.639 0.289 The return on education is calculated as marginal return on human capital times number of average schooling years, where 13.4% is used for the first 4 years, 10.1% for the following 4 years and 6.8% for all years over 8. Change in Human capital 1980-1995 90 16 -0.517 2.676 0.783 0.636 [returned90-returned80]/.1 Productivity growth 1 1980-1995 103 3 -5.61 5.049 0.606 1.939 growth – 0.3*capgrols Productivity growth 2 1980-1995 89 17 -8.27 4.395 -0.336 2.174 growth – 0.3*capgrols – 0.5*gschool Productivity growth 3 1980-1995 89 17 -10.352 6.784 0.181 2.661 [growth – 0.3*capgrols – 0.7* dhuman]/0.7 Private savings 1980-1995 93 13 -0.0428 0.394 0.184 0.0886 ratio of gross private saving to gross private disposable income; average over 1980-95. Corporate tax 1980-1995 48 58 0.175 0.623 0.385 0.0786 Corporate tax rate Corporate local tax 1980-1995 48 58 0.19 0.0273 0.0539 Corporate local tax rate Corporate profit tax 1980-1995 48 58 0.54 0.325 0.142 Corporate tax rate on distributed profits Personal tax 1980-1995 48 58 0.66 0.487 0.124 Highest personal tax rate Personal local tax 1980-1995 48 58 0.2 0.0299 0.0594 Personal local tax rate Capital Gains tax 1980-1995 48 58 0.61 0.213 0.194 Personal capital gains tax Interest tax 1980-1995 48 58 0.66 0.449 0.171 Tax rate on interest income Dividend tax 1980-1995 48 58 0.66 0.392 0.187 Tax rate on dividend income Dividend rebate 1980-1995 48 58 0.36 0.0346 0.089 Rebate on dividends Net interest 1980-1995 48 58 0.34 1 0.552 0.171 Net interest income per $1 Net Capital Gain 1980-1995 48 58 0.188 0.832 0.489 0.148 Net capital gain per $1 Net Dividend 1980-1995 48 58 0.198 1 0.437 0.158 Net dividends per $1 Dividend Disadvantage 1980-1995 48 58 -1.47 0.54 0.187 0.306 Tax disadvantage on dividends = (Netint – Netdiv)/Netint Capital Gain Disadvantage 1980-1995 48 58 -0.743 0.623 0.0357 0.334 Tax disadvantage on capital gains = (Netint – Netcapg)/Netint Accounting 1980-1995 41 65 24 83 60.927 13.398 Index created by examining and rating companies' 1990 annual reports on their inclusion or omission of 90 items in balance sheets and income statements and published by the Center for International Financial Analysis & Research, Inc. The maximum is 90, the minimum 0. One share-one vote 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code of the country requires that ordinary shares carry one vote per share, and zero otherwise. Equivalently, this variables equals one if the law prohibits the existence of both multiple-voting and non-voting ordinary shares and does not allow firms to set a maximum number of votes per shareholders irrespective of the number of shares she owns, and zero otherwise. Proxy by mail 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code allows shareholders to mail their proxy vote to the firm, and zero otherwise Shares not blocked 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code does not allow firms to require that shareholders deposit their shares prior to a General Shareholder Meeting thus preventing them from selling those shares for a number of says, and zero otherwise. Cumulative voting 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code allows shareholders to cast all of their votes for one candidate standing for election to the board of directors (cumulative voting) or if the Company Law or Commercial Code allows a mechanism of proportional representation in the board by which minority interests may name a proportional number of directors to the board, and zero otherwise. Oppressed minority 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code grants minority shareholders either a judicial venue to challenge the decisions of management or of the assembly or the right to step out of the company by requiring the company to purchase their shares when they object to certain fundamental changes, such as mergers, assets dispositions and changes in the articles of incorporation. The variable equals zero otherwise. Minority shareholders are defined as those shareholders who own 10 percent of share capital or less. Preemptive rights 1980-1995 49 57 1 Sysmiss Equals one if the Company Law or Commercial Code grants shareholders the first opportunity to buy new issues of stock and this right can only be waived by a shareholder vote, and zero otherwise. Extraordinary meeting 1980-1995 48 58 0.01 0.33 0.108 0.0696 It is the minimum percentage of ownership of share capital that entitles a shareholder to call for an Extraordinary Shareholders' Meeting. It ranges from one to 33 percent. Anti-director rights 1980-1995 49 57 1 2 3 4 5 Sysmiss An index aggregating the shareholder rights. The index is formed by adding 1 if: (1) the country allows the shareholders to mail their proxy to the firm; (2) shareholders are not required to deposit their shares prior to the General Shareholders' Meeting; (3) cumulative voting or proportional representation of minorities in the board of directors is allowed; (4) an oppressed minorities mechanism is in place; (5) the minimum percentage of share capital that entitles a shareholder to call for an Extraordinary Shareholders' Meeting is less than or equal to 10 percent (the sample median); or (6) shareholders have preemptive rights that can only be waived by a shareholders' vote. The index ranges from 1 to 6. Mandatory dividend 1980-1995 49 57 0.5 0.048 0.136 Equals the percentage of net income that the Company Law or Commercial Code requires firms to distribute as dividends among ordinary shareholders. It takes a value of zero for countries without such a restriction. Reorganization 1980-1995 47 59 1 Sysmiss Equals one if the reorganization procedure imposes restrictions, such as creditors’ consent, to file for reorganization. It equals zero for countries without such restrictions. No automatic stay 1980-1995 47 59 1 Sysmiss Equals one if the reorganization procedure does not impose an automatic stay on the assets of the firm upon filing the reorganization petition. It equals zero if such restriction does exist in the law. Secured first 1980-1995 48 58 1 Sysmiss Equals one if secured creditors are ranked first in the distribution of the proceeds that result from the disposition of the assets of a bankrupt firm. Equals zero if non-secured creditors, such as the government and workers, are given absolute priority. No management stay 1980-1995 47 59 1 Sysmiss Equals one if an official appointed by the court, or by the creditors, is responsible for the operation of the business during reorganization. Equivalently, this variable equals one if the debtor does not keep the administration of its property pending the resolution of the reorganization process, and zero otherwise. Creditor Rights 1980-1995 47 59 1 2 3 4 Sysmiss An index aggregating different creditor rights. The index is formed by adding 1 if: (1) the country imposes restrictions, such as creditors’ consent, to file for reorganization; (2) secured creditors are able to gain possession of their security once the reorganization petition has been approved (no automatic stay); (3) secured creditors are ranked first in the distribution of the proceeds that result from the disposition of assets of a bankrupt firm; and (4) the debtor does not retain the administration of its property pending the resolution of the reorganization. The index ranges from 0 to 4. Legal reserve 1980-1995 49 57 1 0.155 0.2 It is the minimum percentage of total share capital mandated by Corporate Law to avoid the dissolution of an existing firm. It takes a value of zero for countries without such restriction. Gini coefficent 1980-1995 76 30 25.683 62.3 40.972 9.14 Average of Gini-coefficients across one country over all “high-quality” observations 1980-95 ; Source: Deininger and Squire (1996) Government repudiation 1980-1995 91 15 2.036 10 6.553 2.058 Repudiation of Contracts by Governments. Indicates the "risk of a modification in a contract taking the form of a repudiation, postponement, or scaling down" due to "budget cutbacks, indigenization pressure, a change in government, or a change in government economic and social priorities." Scored 0-10, with lower scores for higher risks. Average 1982-95. Source: Knack and Keefer (1995), using data from ICRG. Expropriation risk 1980-1995 91 15 3.404 10 7.14 1.826 Assessment of risk of “outright confiscation” or “forced nationalization”. It ranges from 0 to 10, with lower scores indicating a higher risk; average over 1982-95; Source: Knack and Keefer (1995), using data from ICRG Law and order 1980-1995 91 15 0.857 6 3.448 1.581 Measure of the law and order tradition of a country. It ranges from 10, strong law and order tradition, to 1, weak law and order tradition; average over 1982-95; . Source: International Country Risk Guide (ICRG). Contract enforceability 1980-1995 47 59 1.378 3.588 2.487 0.655 Measures the relative degree to which contractual agreements are honored and complications presented by language and mentality differences. Scored 0-4, with higher scores for superior quality; average over 1980-95; Source: Knack and Keefer (1995), using data from Business Environmental Risk Intelligence (BERI) Corruption 1980-1995 94 12 0.107 6.061 3.463 1.55 The level of corruption is from Knack and Keefer (1995) with the scale readjusted to 0 (high level of corruption) to 10 (low level). The data are averaged over the period 1982-95. Source: ICRG Tax compliance 1980-1995 44 62 1.43 5.05 3.233 1.02 Assessment of the level of tax compliance; scale from 0 to 6, where higher scores indicate higher compliance, Data is for 1995; Source: LLSV (1998b) using data from The Global Competitiveness Report 1996. Ethnic fractionalization 1980-1995 102 4 0.89 0.333 0.301 Average value of five indices of ethnolinguistic fractionalization, with values ranging from 0 to 1, where higher values denote higher levels of fractionalization. Bureaucratic quality 1980-1995 92 14 0.893 6 3.462 1.61 Measures quality of bureaucracy. High scores indicate autonomy from political pressures and strengths and expertise to govern without drastic changes in policy ore interruptions in government services; also existence of an established mechanism for recruiting and training. Scored 0-6; average over 1982-95. Catholic share 1980-1995 105 1 97.3 37.191 37.359 Muslim Share 1980-1995 105 1 99.4 18.212 32.024 Protestant Share 1980-1995 105 1 97.8 15.716 22.603 Other religion share 1980-1995 105 1 0.4 98.5 28.881 28.781 1-catho80-muslim80-protmg80 British origin 1980-1995 105 1 1 Sysmiss British legal origin French origin 1980-1995 105 1 1 Sysmiss French legal origin Communist origin 1980-1995 105 1 1 Sysmiss Socialist legal origin German origin 1980-1995 105 1 1 Sysmiss German legal origin Scandinavian origin 1980-1995 105 1 1 Sysmiss Scandinavian legal origin Latitude 1980-1995 105 1 0.722 0.264 0.189 The absolute value of the latitude of the country, scaled to take values between 0 and 1 Property rights 1980-1995 98 8 1 2 3 4 5 Sysmiss Rating of property rights on a scale from 1 to 5. The more protection private property receives the higher the score. Regulation 1980-1995 98 8 1 2 3 4 5 Sysmiss Rating of regulation policies related to opening and keeping open a business. The scale is from 0 to 5, with higher scores meaning that regulations are straightforward and applied uniformly to all businesses and that regulations are less of a burden to business. SOEs in the economy 1980-1995 87 19 10 4.63 2.122 Measures the role of SOEs in the economy, ranging from 0 to 10, with data averaged over 1975-95. Higher scores denote countries with less government owned enterprises, which are estimated to produce less of the country's output. Stock market capitalization 1980-1995 73 33 0.00752 2.142 0.282 0.369 Stock market capitalization as share of GDP Total value traded 1980-1995 73 33 8.84e-05 1.499 0.11 0.227 Total value traded on the stock market as share of GDP Turnover ratio 1980-1995 72 34 0.00636 2.179 0.294 0.357 Turnover ratio (Market capitalization divided by total value traded) Private bond market 1980-1995 32 74 1.042 0.227 0.234 Total amount of outstanding domestic debt securities issued by private domestic entities divided by GDP; average over 90-95 Private bond market 1980-1995 32 74 0.0176 0.995 0.367 0.261 Total amount of outstanding domestic debt securities issued by public domestic entities divided by GDP; average over 90-95 Equity issues 1980-1995 40 66 1.08e-05 0.0929 0.0136 0.0183 Total equity issues as share of GDP Debt issues 1980-1995 39 67 1.97e-05 0.123 0.0238 0.0318 Total private long-term debt issues as share of GDP Banklike institutions assets 1980-1995 53 53 0.00666 1.31 0.228 0.275 Total assets of banklike institutions as share of GDP Life insurance assets 1980-1995 24 82 0.00134 0.412 0.145 0.117 Total assets of life insurance companies as share of GDP Insurance assets 1980-1995 39 67 0.0106 0.492 0.144 0.129 Total assets of insurance companies as share of GDP Pension assets 1980-1995 16 90 0.00317 0.532 0.159 0.147 Total assets of private pension and provident funds as share of GDP Mutual fund assets 1980-1995 27 79 0.00555 0.272 0.0715 0.0594 Total assets of pooled investment schemes as share of GDP Development banks assets 1980-1995 44 62 0.00755 0.701 0.124 0.143 Total assets of development banks as share of GDP Banklike institutions assets 1980-1995 43 63 0.00135 0.824 0.14 0.156 Claims on private sector by banklike institutions as share of GDP Life insurance assets 1980-1995 17 89 0.0142 0.288 0.0844 0.0757 Claims on private sector by life insurance companies as share of GDP Insurance assets 1980-1995 19 87 0.00332 0.224 0.0679 0.0723 Claims on private sector by insurance companies as share of GDP Pension assets 1980-1995 11 95 0.00452 0.255 0.0805 0.0764 Claims on private sector by private pension and provident funds as share of GDP Mutual fund assets 1980-1995 9 97 0.0147 0.0689 0.0379 0.0205 Claims on private sector by pooled investment schemes as share of GDP Development banks assets 1980-1995 35 71 0.00173 0.425 0.0724 0.0844 Claims on private sector by development banks as share of GDP Nonlife penetration 1980-1995 66 40 0.00298 0.0558 0.0198 0.0118 Nonlife insurance premium volume as share of GDP Life penetration 1980-1995 66 40 4.67e-05 0.0923 0.0177 0.0212 Life insurance premium volume as share of GDP Nonlife density 1980-1995 67 39 5.378 1180.11 241.852 253.781 Nonlife insurance premium volume per capita in constant international dollars Life density 1980-1995 67 39 0.115 1478.558 234.355 318.925 Life insurance premium volume per capita in constant international dollars Concentration 1980-1995 88 18 0.182 1 0.704 0.212 Share of the assets of 3 largest banks in total banking assets; average over 1990-95 Foreign Banks (Assets) 1980-1995 75 31 0.000957 1 0.217 0.241 Share of assets of foreign-owned banks in total banking assets; average over 1990-95 Foreign Banks (Number) 1980-1995 75 31 0.0158 1 0.313 0.208 Number of foreign-owned banks in total number of banks; average over 1990-95 Overheads costs 1980-1995 86 20 0.00229 0.127 0.042 0.0267 Overhead costs divided by total assets; average over 1990-95 Net interest margin 1980-1995 84 22 0.0071 0.12 0.0416 0.0244 Net interest revenue divided by total assets; average over 1990-95 Public share 1980-1995 37 69 0.975 0.383 0.321 Share of public bank assets as share of total banking assets Central Bank Assets /Total Financial Assets 1980-1995 66 40 -3.046 0.744 0.153 0.445 Share of claims of central bank on nonfinancial domestic sectors as share of claims of central bank, deposit money banks and other financial institutions on nonfinancial domestic sectors Deposit Money Bank Assets / Total Financial Assets 1980-1995 66 40 0.243 3.988 0.644 0.448 Claims of deposit money banks on nonfinancial domestic sectors as share of claims of central bank, deposit money banks and other financial institutions on nonfinancial domestic sectors Other Financial Inst. Assets /Total Financial Assets 1980-1995 66 40 0.00567 0.551 0.204 0.151 Claims of other financial institutions on nonfinancial domestic sectors as share of claims of central bank, deposit money banks and other financial institutions on nonfinancial domestic sectors Deposit Money-Central Bank 1980-1995 102 4 0.222 5.633 0.806 0.525 Claims of deposit money banks on nonfinancial domestic sectors as share of claims of central bank and deposit money banks on nonfinancial domestic sectors Liquid Liabilities 1980-1995 104 2 0.0888 1.683 0.481 0.312 Liquid liabilities as share of GDP Central bank Assets 1980-1995 100 6 -0.0316 1.414 0.117 0.168 Claims of central bank on nonfinancial domestic sectors as share of GDP Deposit Money Bank Assets 1980-1995 104 2 0.0148 1.543 0.418 0.304 Claims of deposit money banks on nonfinancial domestic sectors as share of GDP OFI Assets 1980-1995 67 39 0.000666 1.14 0.18 0.224 Claims of other financial institutions on nonfinancial domestic Bank Credit 1980-1995 104 2 0.0133 1.436 0.332 0.267 Claims on private sector by deposit money banks as share of GDP OFI Credit 1980-1995 65 41 4.44e-05 0.655 0.137 0.165 Claims on private sector by other financial institutions as share of GDP Private Credit 1980-1995 104 2 0.0134 1.776 0.418 0.353 Claims on private sector by deposit money banks and other financial institutions as share of GDP Income group 1980-1995 106 1 2 3 4 1 high income, 2 upper middle, 3 lower middle and 4 low income group; Source: WDI 1997. Overall size 1980-1995 72 34 0.129 2.699 0.773 0.584 Overall size of the financial system (Deposit money bank assets and stock market capitalization as share of GDP) Overall efficiency 1 1980-1995 71 35 0.00255 64.07 5.147 11.529 total value traded / net interest margin Overall efficiency 2 1980-1995 71 35 0.00174 84.061 5.95 13.756 total value traded / overhead costs Overall efficiency 3 1980-1995 70 36 0.135 109.061 11.64 18.518 turnover / net interest margin Overall efficiency 4 1980-1995 70 36 0.0812 338.328 15.55 42.642 turnover / overhead costs Relative bank size 1 1980-1995 72 34 0.118 48.626 4.65 6.721 Size of banking sector relative to stock market (Deposit money bank assets divided by stock market capitalization) Relative Bank Size 2 1980-1995 67 39 0.539 39.408 6.443 7.371 Size of banking sector relative to other financial institutions (Deposit money bank assets divided by other financial institutions assets) Relative Bank Activity 1980-1995 72 34 0.555 1997.155 75 254.386 Activity of banking sector relative to stock market (Claims on private sector by deposit money bank divided by total value traded) Relative Nonbank Activity 1980-1995 52 54 0.0448 271.799 13.046 38.925 Activity of other financial institutions relative to stock market (Claims on private sector by other financial institutions divided by total value traded) Relative market efficiency 1 1980-1995 71 35 4.5e-06 0.0482 0.00309 0.00669 Efficiency of stock markets relative to the banking sector (Total value traded as share of GDP * overhead costs) Relative market efficiency 2 1980-1995 71 35 3.06e-06 0.0351 0.0029 0.00505 Efficiency of stock markets relative to the banking sector (Total value traded as share of GDP * net interest margin) Structure index 1980-1995 69 37 -0.264 2.575 0.0094 0.372 Index of financial structure. It is the average of the deviations from the mean for the inverse of Dbmcap, the inverse of Dbtvt and Tvtover. Higher values indicate a more market-based financial system. Market 1980-1995 69 37 1 Sysmiss Equals one if structur is positive, zero otherwise. Developed 1980-1995 72 34 1 Sysmiss Equals zero if both priv and tvt are below the period mean, one otherwise. Securitites 1980-1995 44 62 1 2 3 Sysmiss Ability of banks to engage in the businesses of securities underwriting, brokering, dealing, and all aspects of the mutual fund business. Source: Barth,Caprio and Levine (1998). 1 indicates “unrestricted” (banks can engage in the full range of the activity directly in the bank), 2 indicates “permitted” (the full range of those activities can be conducted, but all or some of the activity must be conducted in subsidiaries), 3 indicates “restricted” (banks can engage in less than full range of those activities, either in the bank or subsidiaries) and 4 indicates “prohibited” (the activity may not be conducted by the bank or subsidiaries). Insurance 1980-1995 44 62 1 2 3 4 Sysmiss Ability of banks to engage in insurance underwriting and selling. Source: Barth,Caprio and Levine et al. (1998). 1 indicates “unrestricted” (banks can engage in the full range of the activity directly in the bank), 2 indicates “permitted” (the full range of those activities can be conducted, but all or some of the activity must be conducted in subsidiaries), 3 indicates “restricted” (banks can engage in less than full range of those activities, either in the bank or subsidiaries) and 4 indicates “prohibited” (the activity may not be conducted by the bank or subsidiaries). Real Estate 1980-1995 45 61 1 2 3 4 Sysmiss Ability of banks to engage in real estate investment, development and management. Source: Barth,Caprio and Levine (1998). 1 indicates “unrestricted” (banks can engage in the full range of the activity directly in the bank), 2 indicates “permitted” (the full range of those activities can be conducted, but all or some of the activity must be conducted in subsidiaries), 3 indicates “restricted” (banks can engage in less than full range of those activities, either in the bank or subsidiaries) and 4 indicates “prohibited” (the activity may not be conducted by the bank or subsidiaries). Nonfinancial firms 1980-1995 44 62 1 2 3 4 Sysmiss Ability of banks to own and control nonfinancial firms. Source: Barth,Caprio and Levine (1998). 1 indicates “unrestricted” (banks can engage in the full range of the activity directly in the bank), 2 indicates “permitted” (the full range of those activities can be conducted, but all or some of the activity must be conducted in subsidiaries), 3 indicates “restricted” (banks can engage in less than full range of those activities, either in the bank or subsidiaries) and 4 indicates “prohibited” (the activity may not be conducted by the bank or subsidiaries). Restricted banking 1980-1995 45 61 1 3.5 2.185 0.653 Average of Secure, Insurance, Estate and Bankinnf Deposit insurance 1980-1995 62 44 1 Sysmiss Equals one if the country had an implicit deposit insurance Scheme in 1980, zero otherwise. Source: Development Research Group. Name of the country 1980-1995 106 1 Argentina 2 Australia 3 Austria 4 Bahamas, The 5 Bangladesh 6 Barbados 7 Belgium 8 Bolivia 9 Botswana 10 Brazil 11 Burkina Faso 12 Burundi 13 Cameroon 14 Canada 15 Chile 16 Colombia 17 Congo 18 Costa Rica 19 Cote d'ivoire 20 Cyprus 21 Denmark 22 Dominica 23 Dominican Republic 24 Ecuador 25 Egypt, Arab Rep. 26 El Salvador 27 Fiji 28 Finland 29 France 30 Gabon 31 Gambia, The 32 Germany 33 Ghana 34 Greece 35 Guatemala 36 Guyana 37 Haiti 38 Honduras 39 Hong Kong 40 Iceland 41 India 42 Indonesia 43 Iran, Islamic Republic of 44 Ireland 45 Israel 46 Italy 47 Jamaica 48 Japan 49 Jordan 50 Kenya 51 Korea, Republic of 52 Kuwait 53 Lesotho 54 Liberia 55 Luxembourg 56 Madagascar 57 Malawi 58 Malaysia 59 Malta 60 Mauritius 61 Mexico 62 Morocco 63 Myanmar 64 Nepal 65 Netherlands 66 New Zealand 67 Niger 68 Nigeria 69 Norway 70 Pakistan 71 Panama 72 Papua New guinea 73 Paraguay 74 Peru 75 Philippines 76 Portugal 77 Rwanda 78 Saudi Arabia 79 Senegal 80 Seychelles 81 Sierra Leone 82 Singapore 83 South Africa 84 Spain 85 Sri Lanka 86 St. Vincent and the grenadines 87 Sudan 88 Suriname 89 Swaziland 90 Sweden 91 Switzerland 92 Syrian Arab Rep. 93 Taiwan, China 94 Tanzania 95 Thailand 96 Togo 97 Trinidad and Tobago 98 Tunisia 99 Turkey 100 United Kingdom 101 United States 102 Uruguay 103 Venezuela 104 Zaire 105 Zambia 106 Zimbabwe ISO country code 1980-1995 106 1 ARG 2 AUS 3 AUT 4 BDI 5 BEL 6 BFA 7 BGD 8 BHS 9 BOL 10 BRA 11 BRB 12 BWA 13 CAN 14 CHE 15 CHL 16 CIV 17 CMR 18 COG 19 COL 20 CRI 21 CYP 22 DEU 23 DMA 24 DNK 25 DOM 26 ECU 27 EGY 28 ESP 29 FIN 30 FJI 31 FRA 32 GAB 33 GBR 34 GHA 35 GMB 36 GRC 37 GTM 38 GUY 39 HKG 40 HND 41 HTI 42 IDN 43 IND 44 IRL 45 IRN 46 ISL 47 ISR 48 ITA 49 JAM 50 JOR 51 JPN 52 KEN 53 KOR 54 KWT 55 LBR 56 LKA 57 LSO 58 LUX 59 MAR 60 MDG 61 MEX 62 MLT 63 MMR 64 MUS 65 MWI 66 MYS 67 NER 68 NGA 69 NLD 70 NOR 71 NPL 72 NZL 73 PAK 74 PAN 75 PER 76 PHL 77 PNG 78 PRT 79 PRY 80 RWA 81 SAU 82 SDN 83 SEN 84 SGP 85 SLE 86 SLV 87 SUR 88 SWE 89 SWZ 90 SYC 91 SYR 92 TGO 93 THA 94 TTO 95 TUN 96 TUR 97 TWN 98 TZA 99 URY 100 USA 101 VCT 102 VEN 103 ZAF 104 ZAR 105 ZMB 106 ZWE country 10450 Afghanistan Albania Algeria American Samoa Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Croatia Cuba Cyprus Czech Republic Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Northern Mariana Islands Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Samoa Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic São Tomé and Principe Taiwan, China Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB COUNTRY CODE 10450 ABW ADO AFG AGO ALB ANT ARE ARG ARM ASM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHI CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GRL GTM GUM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNE MNG MNP MOZ MRT MUS MWI MYS MYT NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRI PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SOM SRB STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TWN TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM ZAF ZAR ZMB ZWE year 10450 1960 2009 1984.5 14.432 WB REGION 10450 .. East Asia & Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia Sub-Saharan Africa WB INCOME GROUP 10450 High Income Low Income Lower Middle Income Upper Middle Income DEPOSIT MONEY BANK ASSETS / (DEPOSIT MONEY + CENTRAL) BANK ASSETS 6297 4153 0.0173 1.609 0.792 0.217 LIQUID LIABILITIES / GDP 5193 5257 0.00194 153.462 0.613 4.414 CENTRAL BANK ASSETS / GDP 5023 5427 1.01e-05 2.65 0.078 0.116 DEPOSIT MONEY BANK ASSETS / GDP 5430 5020 0.00137 2.716 0.442 0.381 OTHER FINANCIAL INSTITUTIONS ASSETS / GDP 1350 9100 1.47e-05 1.737 0.177 0.241 PRIVATE CREDIT BY DEPOSIT MONEY BANKS / GDP 5399 5051 0.00114 2.698 0.358 0.335 PRIVATE CREDIT BY DEPOSIT MONEY BANKS AND OTHER FINANCIAL INSTITUTIONS / GDP 5413 5037 0.00114 2.698 0.392 0.362 BANK DEPOSITS / GDP 5438 5012 0.00081 4.724 0.395 0.364 FINANCIAL SYSTEM DEPOSITS / GDP 5441 5009 0.00081 4.651 0.404 0.367 BANK CREDIT / BANK DEPOSITS 6886 3564 0.0114 27.139 0.974 0.693 LIQUID LIABILITIES (IN MIL. 2000 USD) 6115 4335 0.263 11400000 150677.202 807768.285 BANK OVERHEAD COSTS / TOTAL ASSETS 2465 7985 0.00177 0.27 0.0433 0.03 NET INTEREST MARGIN 2431 8019 0.00249 0.42 0.0509 0.0375 BANK CONCENTRATION 2510 7940 0.119 1 0.719 0.208 BANK ROA 2514 7936 -103.596 22.528 -0.0187 2.12 BANK ROE 2514 7936 -12.313 3.607 0.137 0.331 BANK COST-INCOME RATIO 2489 7961 0.135 3.129 0.657 0.232 BANK Z-SCORE 1804 8646 0.366 91.414 11.396 9.878 LIFE INSURANCE PREMIUM VOLUME / GDP 2461 7989 3.5e-05 0.357 0.02 0.0312 NON-LIFE INSURANCE PREMIUM VOLUME / GDP 1686 8764 0.00111 0.0886 0.02 0.012 STOCK MARKET CAPITALIZATION / GDP 2088 8362 0.000125 7.425 0.468 0.621 STOCK MARKET TOTAL VALUE TRADED / GDP 2132 8318 1.11e-05 6.731 0.293 0.662 STOCK MARKET TURNOVER RATIO 2156 8294 0.0001 16.781 0.445 0.766 NO. OF LISTED COMPANIES PER 10K POPULATION 2272 8178 7.03e-05 11.305 0.259 0.552 PRIVATE BOND MARKET CAPITALIZATION / GDP 815 9635 8.86e-05 3.831 0.281 0.37 PUBLIC BOND MARKET CAPITALIZATION / GDP 955 9495 0.000186 3.247 0.337 0.262 INTERNATIONAL DEBT ISSUES / GDP 1795 8655 0.000248 3.444 0.18 0.3 LOANS FROM NON-RESIDENT BANKS (NET) / GDP 718 9732 1.09e-05 1.136 0.018 0.0525 LOANS FROM NON-RESIDENT BANKS (AMT OUTSTANDING) / GDP 2445 8005 0.000726 228.83 0.951 7.73 OFFSHORE BANK DEPOSITS / DOMESTIC BANK DEPOSITS 2460 7990 0.00253 335.583 1.61 16.833 REMITTANCE INFLOWS / GDP 4190 6260 1.2e-05 8.375 0.0496 0.279 country 10353 Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas, The Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Cote d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia, The Georgia Germany Ghana Greece Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong SAR, China Hungary Iceland India Indonesia Iran, Islamic Rep. Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, Dem. Rep. Korea, Rep. Kosovo Kuwait Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao SAR, China Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mexico Micronesia, Fed. Sts. Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russian Federation Rwanda Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Suriname Swaziland Sweden Switzerland Syrian Arab Republic Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Virgin Islands (U.S.) West Bank and Gaza Yemen, Rep. Zambia Zimbabwe WB COUNTRY CODE 10353 ABW ADO AFG AGO ALB ARE ARG ARM ATG AUS AUT AZE BDI BEL BEN BFA BGD BGR BHR BHS BIH BLR BLZ BMU BOL BRA BRB BRN BTN BWA CAF CAN CHE CHL CHN CIV CMR COG COL COM CPV CRI CUB CYM CYP CZE DEU DJI DMA DNK DOM DZA ECU EGY ERI ESP EST ETH FIN FJI FRA FRO FSM GAB GBR GEO GHA GIN GMB GNB GNQ GRC GRD GTM GUY HKG HND HRV HTI HUN IDN IMY IND IRL IRN IRQ ISL ISR ITA JAM JOR JPN KAZ KEN KGZ KHM KIR KNA KOR KSV KWT LAO LBN LBR LBY LCA LIE LKA LSO LTU LUX LVA MAC MAR MCO MDA MDG MDV MEX MHL MKD MLI MLT MMR MNE MNG MOZ MRT MUS MWI MYS NAM NCL NER NGA NIC NLD NOR NPL NZL OMN PAK PAN PER PHL PLW PNG POL PRK PRT PRY PYF QAT ROM RUS RWA SAU SDN SEN SGP SLB SLE SLV SMR SOM SRB STP SUR SVK SVN SWE SWZ SYC SYR TCD TGO THA TJK TKM TMP TON TTO TUN TUR TUV TZA UGA UKR URY USA UZB VCT VEN VIR VNM VUT WBG WSM YEM ZAF ZAR ZMB ZWE year 10353 1960 2010 1985 14.72 WB REGION 10302 East Asia and Pacific Europe and Central Asia High-income OECD members High-income nonOECD members Latin America & the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa WB INCOME GROUP 10353 High-income OECD members High-income nonOECD members Low-income economies Lower-middle-income economies Upper-middle-income economies DEPOSIT MONEY BANK ASSETS / (DEPOSIT MONEY + CENTRAL) BANK ASSETS 6435 3918 1.939 100 79.781 21.21 LIQUID LIABILITIES / GDP 5676 4677 0.0252 380.276 45.981 37.266 CENTRAL BANK ASSETS / GDP 5360 4993 3.3e-16 233.115 7.093 11.301 DEPOSIT MONEY BANK ASSETS / GDP 5956 4397 0.000815 361.69 42.321 38.426 OTHER FINANCIAL INSTITUTIONS ASSETS / GDP 1778 8575 0.000785 437.845 16.253 26.809 PRIVATE CREDIT BY DEPOSIT MONEY BANKS / GDP 5929 4424 0.00493 361.69 34.561 34.194 PRIVATE CREDIT BY DEPOSIT MONEY BANKS AND OTHER FINANCIAL INSTITUTIONS / GDP 5927 4426 0.00684 361.69 37.554 37.36 BANK DEPOSITS / GDP 5846 4507 0.0117 675.513 38.02 41.363 FINANCIAL SYSTEM DEPOSITS / GDP 5863 4490 0.00646 675.513 38.418 41.2 BANK CREDIT / BANK DEPOSITS 7076 3277 1.138 862.6 99.268 60.914 LIQUID LIABILITIES (IN MIL. 2000 USD) 7027 3326 5.6e-09 37000000000 5408833.816 441383138.275 BANK OVERHEAD COSTS / TOTAL ASSETS 2500 7853 -0.042 29.736 2.93 2.812 NET INTEREST MARGIN 2681 7672 -67.247 30.652 2.74 3.058 BANK CONCENTRATION 2730 7623 14.442 100 68.565 21.247 BANK ROA 2426 7927 -66.425 20.304 1.258 2.595 BANK ROE 2426 7927 -692.706 1001.16 14.252 37.165 BANK COST-INCOME RATIO 2924 7429 3.806 275.862 60.075 19.671 BANK Z-SCORE 2388 7965 -17.178 467.041 18.68 21.442 LIFE INSURANCE PREMIUM VOLUME / GDP 2539 7814 0.0035 55.662 2.004 3.305 NON-LIFE INSURANCE PREMIUM VOLUME / GDP 1761 8592 0.111 16.671 2.037 1.308 STOCK MARKET CAPITALIZATION / GDP 1892 8461 0.0124 22306.3 59.755 514.967 STOCK MARKET TOTAL VALUE TRADED / GDP 1866 8487 754.028 27.793 57.357 STOCK MARKET TURNOVER RATIO 1859 8494 517.671 40.618 56.791 NO. OF LISTED COMPANIES PER 10K POPULATION 2177 8176 11.3 0.276 0.511 PRIVATE BOND MARKET CAPITALIZATION / GDP 855 9498 0.000553 303.371 27.568 31.568 PUBLIC BOND MARKET CAPITALIZATION / GDP 986 9367 0.00563 201.234 31.216 23.653 INTERNATIONAL DEBT ISSUES / GDP 1988 8365 0.0329 423.757 20.099 33.54 LOANS FROM NON-RESIDENT BANKS (NET) / GDP 802 9551 0.00109 113.587 1.871 5.057 LOANS FROM NON-RESIDENT BANKS (AMT OUTSTANDING) / GDP 2832 7521 0.0461 23088.5 116.15 856.882 OFFSHORE BANK DEPOSITS / DOMESTIC BANK DEPOSITS 2321 8032 0.00118 32275.2 130.5 1313.178 REMITTANCE INFLOWS / GDP 4379 5974 2.9e-05 96.945 3.851 7.89