Armenia vs Serbia: Financial Development Index

Armenia
0.2561
in 2020
Serbia
0.2512
in 2020
Armenia rank
93rd
Serbia rank
95th

Financial Development Index over time

  • Armenia
  • Serbia
00.10.20.3198020002020

How they compare

Armenia currently reports 0.2561 against 0.2512 in Serbia, a difference of 0.0049.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was Serbia ahead.

Armenia ranks 93rd and Serbia ranks 95th of 183 countries.

Across the 5 decades both report, Armenia averaged higher in 1 and Serbia in 3.

Head to head by decade

Decade Armenia Serbia Difference Ahead
1980s 0 0 0 β€”
1990s 0.0636 0.1434 0.0798 Serbia
2000s 0.1213 0.2248 0.1035 Serbia
2010s 0.2178 0.239 0.0212 Serbia
2020s 0.2561 0.2512 0.0049 Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Armenia or Serbia?
Armenia, at 0.2561 against 0.2512 in Serbia as of 2020.
What is the difference in financial development index between Armenia and Serbia?
0.0049, with Armenia ahead.
How many years of comparable data are there for Armenia and Serbia?
41 years are reported by both, from 1980 to 2020.
How do Armenia and Serbia rank globally for financial development index?
Armenia ranks 93rd and Serbia ranks 95th 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 Serbia: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/armenia/serbia/

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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.