Bhutan vs Latvia: Financial Development Index
Financial Development Index over time
- Bhutan
- Latvia
How they compare
Bhutan currently reports 0.2104 against 0.2092 in Latvia, a difference of 0.0012.
The two have swapped places 5 times across 41 shared years of data; in 1980 it was Latvia ahead.
Bhutan ranks 111th and Latvia ranks 112th of 183 countries.
Across the 5 decades both report, Bhutan averaged higher in 3 and Latvia in 2.
Head to head by decade
| Decade | Bhutan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.095 | 0 | 0.095 | Bhutan |
| 1990s | 0.1318 | 0.0802 | 0.0516 | Bhutan |
| 2000s | 0.1424 | 0.2487 | 0.1064 | Latvia |
| 2010s | 0.1898 | 0.2573 | 0.0676 | Latvia |
| 2020s | 0.2104 | 0.2092 | 0.0012 | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Bhutan or Latvia?
- Bhutan, at 0.2104 against 0.2092 in Latvia as of 2020.
- What is the difference in financial development index between Bhutan and Latvia?
- 0.0012, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Latvia?
- 41 years are reported by both, from 1980 to 2020.
- How do Bhutan and Latvia rank globally for financial development index?
- Bhutan ranks 111th and Latvia ranks 112th 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.
Individual pages
About this data
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.