Kiribati vs Madagascar: Financial Development Index

Kiribati
0.0976
in 2020
Madagascar
0.0992
in 2020
Kiribati rank
164th
Madagascar rank
162nd

Financial Development Index over time

  • Kiribati
  • Madagascar
00.0250.050.0750.10.125198020002020

How they compare

Madagascar currently reports 0.0992 against 0.0976 in Kiribati, a difference of 0.0016.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Madagascar ahead.

Kiribati ranks 164th and Madagascar ranks 162nd of 183 countries.

Across the 5 decades both report, Kiribati averaged higher in 2 and Madagascar in 3.

Head to head by decade

Decade Kiribati Madagascar Difference Ahead
1980s 0 0.0687 0.0687 Madagascar
1990s 0.0325 0.0757 0.0432 Madagascar
2000s 0.1057 0.0945 0.0113 Kiribati
2010s 0.0983 0.0906 0.0077 Kiribati
2020s 0.0976 0.0992 0.0017 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Kiribati or Madagascar?
Madagascar, at 0.0992 against 0.0976 in Kiribati as of 2020.
What is the difference in financial development index between Kiribati and Madagascar?
0.0016, with Madagascar ahead.
How many years of comparable data are there for Kiribati and Madagascar?
41 years are reported by both, from 1980 to 2020.
How do Kiribati and Madagascar rank globally for financial development index?
Kiribati ranks 164th and Madagascar ranks 162nd 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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Kiribati vs Madagascar: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/kiribati/madagascar/

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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.