Bahamas vs Iceland: Financial Development Index

Bahamas
0.4819
in 2020
Iceland
0.4828
in 2020
Bahamas rank
41st
Iceland rank
38th

Financial Development Index over time

  • Bahamas
  • Iceland
00.20.40.6198020002020

How they compare

Iceland currently reports 0.4828 against 0.4819 in Bahamas, a difference of 0.0009.

The two have swapped places 1 time across 41 shared years of data; in 1980 it was Bahamas ahead.

Bahamas ranks 41st and Iceland ranks 38th of 183 countries.

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

Head to head by decade

Decade Bahamas Iceland Difference Ahead
1980s 0.2842 0.3123 0.0281 Iceland
1990s 0.3323 0.4133 0.081 Iceland
2000s 0.3932 0.5864 0.1932 Iceland
2010s 0.4368 0.5266 0.0898 Iceland
2020s 0.4819 0.4828 0.001 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Bahamas or Iceland?
Iceland, at 0.4828 against 0.4819 in Bahamas as of 2020.
What is the difference in financial development index between Bahamas and Iceland?
0.0009, with Iceland ahead.
How many years of comparable data are there for Bahamas and Iceland?
41 years are reported by both, from 1980 to 2020.
How do Bahamas and Iceland rank globally for financial development index?
Bahamas ranks 41st and Iceland ranks 38th 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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Bahamas vs Iceland: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/bahamas-the/iceland/

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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.