Madagascar, Republic of vs Timor-Leste, Democratic Republic of: Financial Development Index

Madagascar, Republic of
0.0992
in 2020
Timor-Leste, Democratic Republic of
0.1019
in 2020
Madagascar, Republic of rank
162nd
Timor-Leste, Democratic Republic of rank
159th

Financial Development Index over time

  • Madagascar, Republic of
  • Timor-Leste, Democratic Republic of
00.0250.050.0750.1198020002020

How they compare

Timor-Leste, Democratic Republic of currently reports 0.1019 against 0.0992 in Madagascar, Republic of, a difference of 0.0027.

The two have swapped places 5 times across 41 shared years of data; in 1980 it was Madagascar, Republic of ahead.

Madagascar, Republic of ranks 162nd and Timor-Leste, Democratic Republic of ranks 159th of 183 countries.

Across the 5 decades both report, Madagascar, Republic of averaged higher in 3 and Timor-Leste, Democratic Republic of in 2.

Head to head by decade

Decade Madagascar, Republic of Timor-Leste, Democratic Republic of Difference Ahead
1980s 0.0687 0 0.0687 Madagascar, Republic of
1990s 0.0757 0 0.0757 Madagascar, Republic of
2000s 0.0945 0.064 0.0305 Madagascar, Republic of
2010s 0.0906 0.093 0.0024 Timor-Leste, Democratic Republic of
2020s 0.0992 0.1019 0.0027 Timor-Leste, Democratic Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Madagascar, Republic of or Timor-Leste, Democratic Republic of?
Timor-Leste, Democratic Republic of, at 0.1019 against 0.0992 in Madagascar, Republic of as of 2020.
What is the difference in financial development index between Madagascar, Republic of and Timor-Leste, Democratic Republic of?
0.0027, with Timor-Leste, Democratic Republic of ahead.
How many years of comparable data are there for Madagascar, Republic of and Timor-Leste, Democratic Republic of?
41 years are reported by both, from 1980 to 2020.
How do Madagascar, Republic of and Timor-Leste, Democratic Republic of rank globally for financial development index?
Madagascar, Republic of ranks 162nd and Timor-Leste, Democratic Republic of ranks 159th 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, Republic of vs Timor-Leste, Democratic Republic of: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/madagascar/timor-leste/

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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.