Bosnia and Herzegovina vs North Macedonia: Financial Development Index

Bosnia and Herzegovina
0.2576
in 2020
North Macedonia
0.2517
in 2020
Bosnia and Herzegovina rank
91st
North Macedonia rank
94th

Financial Development Index over time

  • Bosnia and Herzegovina
  • North Macedonia
00.10.20.3198020002020

How they compare

Bosnia and Herzegovina currently reports 0.2576 against 0.2517 in North Macedonia, a difference of 0.0059.

The two have swapped places 7 times across 41 shared years of data; in 1980 it was North Macedonia ahead.

Bosnia and Herzegovina ranks 91st and North Macedonia ranks 94th of 183 countries.

Across the 5 decades both report, Bosnia and Herzegovina averaged higher in 2 and North Macedonia in 2.

Head to head by decade

Decade Bosnia and Herzegovina North Macedonia Difference Ahead
1980s 0 0 0
1990s 0.0658 0.1124 0.0466 North Macedonia
2000s 0.1577 0.163 0.0053 North Macedonia
2010s 0.2459 0.2411 0.0049 Bosnia and Herzegovina
2020s 0.2576 0.2517 0.0059 Bosnia and Herzegovina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Bosnia and Herzegovina or North Macedonia?
Bosnia and Herzegovina, at 0.2576 against 0.2517 in North Macedonia as of 2020.
What is the difference in financial development index between Bosnia and Herzegovina and North Macedonia?
0.0059, with Bosnia and Herzegovina ahead.
How many years of comparable data are there for Bosnia and Herzegovina and North Macedonia?
41 years are reported by both, from 1980 to 2020.
How do Bosnia and Herzegovina and North Macedonia rank globally for financial development index?
Bosnia and Herzegovina ranks 91st and North Macedonia ranks 94th 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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Bosnia and Herzegovina vs North Macedonia: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/bosnia-and-herzegovina/north-macedonia/

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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.