France High income Gross domestic product ($ billions) 2,779.7
Population (millions)
65.4
2001 2006 2011
Depth—Financial Institutions Private credit by deposit money banks to GDP (%) Deposit money banks’ assets to GDP (%) Nonbank financial institutions’ assets to GDP (%) Depth—Financial Markets Stock market capitalization to GDP (%) Stock market total value traded to GDP (%) Outstanding domestic private debt securities to GDP (%) Outstanding domestic public debt securities to GDP (%) Outstanding international debt securities to GDP (%)
85.1 103.1 ..
93.7 113.6 111.2 131.5 .. ..
96.6 79.7 35.2 44.0 28.4
93.4 89.8 39.1 51.2 51.5
65.1 54.5 56.3 63.1 75.9
Access—Financial Institutions Bank accounts per 1,000 adults (age 15+) Bank branches per 100,000 adults (age 15+) Account at a formal financial institution (%, age 15+) Saved at a financial institution in the past year (%, age 15+) Loan from a financial institution in the past year (%, age 15+) Electronic payments used to make payments (%, age 15+) Debit card (%, age 15+) Depositing/withdrawing at least once in a typical month (%, age 15+) Firms with a checking or savings account (%) Firms with bank loan/line of credit (%) Firms using banks to finance investments (%) Firms using banks to finance working capital (%) Small firms with bank loan/line of credit (%)
.. .. .. .. .. .. .. .. .. .. .. .. ..
.. 46.0 .. .. .. .. .. .. .. .. .. .. ..
.. 41.6 97.0 49.5 18.6 65.1 69.2 94.9 .. .. .. .. ..
Access—Financial Markets Value traded excluding top 10 traded companies to tot. val. traded (%) Mkt. cap. excluding top 10 companies to tot. mkt. cap. (%) Nonfin. corporate bonds to total bonds and notes outstanding (%)
.. .. ..
.. .. ..
.. .. ..
Efficiency—Financial Institutions Bank net interest margin (%) Bank lending-deposit spread Bank overhead costs to total assets (%) Bank return on assets (%, after tax) Bank return on equity (%, after tax)
0.9 4.0 1.2 0.4 11.3
0.7 4.4 0.9 0.7 20.9
1.0 .. 0.8 0.1 3.4
Efficiency—Financial Markets Stock market turnover ratio (%)
83.4
118.9
81.5
Stability—Financial Institutions Bank Z-score Bank nonperforming loans to gross loans (%) Bank regulatory capital to risk-weighted assets (%)
17.6 4.1 12.1
16.9 3.0 10.9
13.5 3.7 12.8
Stability—Financial Markets Stock price volatility
23.3
12.9
23.5
Other Indicators—Financial Institutions Bank concentration (%) Boone indicator Banking crisis dummy
59.4 –0.06 0
Other Indicators—Financial Markets Number of listed firms per 1,000,000 people Stock market return (%, year-on-year)
12.9 –20.0
The Little Data Book on Financial Development
2014
66.6 62.7 –0.05 –0.03 0 1
11.3 19.6
13.7 –4.3
81