Madagascar vs Niger: Financial Development Index

Madagascar
0.0992
in 2020
Niger
0.0994
in 2020
Madagascar rank
162nd
Niger rank
161st

Financial Development Index over time

  • Madagascar
  • Niger
0.040.060.080.10.120.14198020002020

How they compare

Niger currently reports 0.0994 against 0.0992 in Madagascar, a difference of 0.0002.

The two have swapped places 4 times across 41 shared years of data; in 1980 it was Niger ahead.

Madagascar ranks 162nd and Niger ranks 161st of 183 countries.

Across the 5 decades both report, Madagascar averaged higher in 1 and Niger in 4.

Head to head by decade

Decade Madagascar Niger Difference Ahead
1980s 0.0687 0.1382 0.0695 Niger
1990s 0.0757 0.093 0.0173 Niger
2000s 0.0945 0.0668 0.0277 Madagascar
2010s 0.0906 0.1025 0.0119 Niger
2020s 0.0992 0.0994 0.0002 Niger

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Madagascar or Niger?
Niger, at 0.0994 against 0.0992 in Madagascar as of 2020.
What is the difference in financial development index between Madagascar and Niger?
0.0002, with Niger ahead.
How many years of comparable data are there for Madagascar and Niger?
41 years are reported by both, from 1980 to 2020.
How do Madagascar and Niger rank globally for financial development index?
Madagascar ranks 162nd and Niger ranks 161st 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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Madagascar vs Niger: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/madagascar/niger/

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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.