Nigeria vs Pakistan: Financial Development Index

Nigeria
0.2225
in 2020
Pakistan
0.2294
in 2020
Nigeria rank
102nd
Pakistan rank
99th

Financial Development Index over time

  • Nigeria
  • Pakistan
0.10.20.30.4198020002020

How they compare

Pakistan currently reports 0.2294 against 0.2225 in Nigeria, a difference of 0.0069.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was Nigeria ahead.

Nigeria ranks 102nd and Pakistan ranks 99th of 183 countries.

Across the 5 decades both report, Nigeria averaged higher in 2 and Pakistan in 3.

Head to head by decade

Decade Nigeria Pakistan Difference Ahead
1980s 0.1649 0.112 0.053 Nigeria
1990s 0.1534 0.1764 0.0229 Pakistan
2000s 0.2016 0.324 0.1225 Pakistan
2010s 0.2146 0.204 0.0105 Nigeria
2020s 0.2225 0.2294 0.0069 Pakistan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Nigeria or Pakistan?
Pakistan, at 0.2294 against 0.2225 in Nigeria as of 2020.
What is the difference in financial development index between Nigeria and Pakistan?
0.0069, with Pakistan ahead.
How many years of comparable data are there for Nigeria and Pakistan?
41 years are reported by both, from 1980 to 2020.
How do Nigeria and Pakistan rank globally for financial development index?
Nigeria ranks 102nd and Pakistan ranks 99th 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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Nigeria vs Pakistan: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/nigeria/pakistan/

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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.