Fiji vs Latvia: Financial Development Index

Fiji
0.2109
in 2020
Latvia
0.2092
in 2020
Fiji rank
110th
Latvia rank
112th

Financial Development Index over time

  • Fiji
  • Latvia
00.10.20.3198020002020

How they compare

Fiji currently reports 0.2109 against 0.2092 in Latvia, a difference of 0.0017.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Fiji ahead.

Fiji ranks 110th and Latvia ranks 112th of 183 countries.

Across the 5 decades both report, Fiji averaged higher in 3 and Latvia in 2.

Head to head by decade

Decade Fiji Latvia Difference Ahead
1980s 0.1343 0 0.1343 Fiji
1990s 0.1605 0.0802 0.0803 Fiji
2000s 0.1683 0.2487 0.0804 Latvia
2010s 0.1991 0.2573 0.0582 Latvia
2020s 0.2109 0.2092 0.0017 Fiji

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Fiji or Latvia?
Fiji, at 0.2109 against 0.2092 in Latvia as of 2020.
What is the difference in financial development index between Fiji and Latvia?
0.0017, with Fiji ahead.
How many years of comparable data are there for Fiji and Latvia?
41 years are reported by both, from 1980 to 2020.
How do Fiji and Latvia rank globally for financial development index?
Fiji ranks 110th 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.

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Fiji vs Latvia: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/fiji/latvia/

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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.