Indicators of financial integration in the euro area

The indicators of financial integration published here allow an overall assessment of the degree of financial integration in the main financial market segments of the euro area, covering the money market, bond markets, equity markets and banking markets, including indicators related to market infrastructures.

The methodologies according to which the indicators are calculated are described in detail in the Annex of the report that accompanies the indicators. The indicators are updated biannually: once a year they are released together with a report which will also provide an explanation of the developments.

Financial integration indicators last update: 20 January 2020

Publications on Statistics

The ECB fosters European financial integration within its field of competence. A well-integrated financial system contributes to a smooth and effective implementation of monetary policy throughout the euro area and increases the efficiency of the euro area economy. Moreover, a deeper financial integration may have an impact on to the stability of the whole financial system.