Lao People's Democratic Republic vs Papua New Guinea: Financial Development Index
Financial Development Index over time
- Lao People's Democratic Republic
- Papua New Guinea
How they compare
Papua New Guinea currently reports 0.1763 against 0.1682 in Lao People's Democratic Republic, a difference of 0.0081.
Across all 41 years both countries report, Papua New Guinea has been ahead every year.
Lao People's Democratic Republic ranks 127th and Papua New Guinea ranks 124th of 183 countries.
Papua New Guinea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0103 | 0.1604 | 0.1501 | Papua New Guinea |
| 1990s | 0.1027 | 0.1509 | 0.0481 | Papua New Guinea |
| 2000s | 0.115 | 0.1635 | 0.0485 | Papua New Guinea |
| 2010s | 0.1513 | 0.1857 | 0.0345 | Papua New Guinea |
| 2020s | 0.1682 | 0.1763 | 0.0081 | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Lao People's Democratic Republic or Papua New Guinea?
- Papua New Guinea, at 0.1763 against 0.1682 in Lao People's Democratic Republic as of 2020.
- What is the difference in financial development index between Lao People's Democratic Republic and Papua New Guinea?
- 0.0081, with Papua New Guinea ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2020.
- How do Lao People's Democratic Republic and Papua New Guinea rank globally for financial development index?
- Lao People's Democratic Republic ranks 127th and Papua New Guinea ranks 124th 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.