Abstract: This paper introduces a new database of indicators of financial development and structure across countries and over time. This database is unique in that it unites a wide variety of indicators that measure the size, activity and efficiency of financial intermediaries and markets. It improves on previous efforts by presenting data on the public share of commercial banks, by introducing indicators of the size and activity of nonbank financial institutions and by presenting measures of the size of bond and primary equity markets. This paper describes the sources, the construction and the intuition for the different indicators and presents descriptive statistics.
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