Armenia vs Cape Verde: Financial Development Index

Armenia
0.2561
in 2020
Cape Verde
0.2574
in 2020
Armenia rank
93rd
Cape Verde rank
92nd

Financial Development Index over time

  • Armenia
  • Cape Verde
00.10.20.3198020002020

How they compare

Cape Verde currently reports 0.2574 against 0.2561 in Armenia, a difference of 0.0013.

Across all 41 years both countries report, Cape Verde has been ahead every year.

Armenia ranks 93rd and Cape Verde ranks 92nd of 183 countries.

Cape Verde has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Armenia Cape Verde Difference Ahead
1980s 0 0.1227 0.1227 Cape Verde
1990s 0.0636 0.1628 0.0992 Cape Verde
2000s 0.1213 0.1708 0.0495 Cape Verde
2010s 0.2178 0.2447 0.0269 Cape Verde
2020s 0.2561 0.2574 0.0013 Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Armenia or Cape Verde?
Cape Verde, at 0.2574 against 0.2561 in Armenia as of 2020.
What is the difference in financial development index between Armenia and Cape Verde?
0.0013, with Cape Verde ahead.
How many years of comparable data are there for Armenia and Cape Verde?
41 years are reported by both, from 1980 to 2020.
How do Armenia and Cape Verde rank globally for financial development index?
Armenia ranks 93rd and Cape Verde ranks 92nd of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Development Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Cape Verde: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/armenia/cabo-verde/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.