North Macedonia vs Serbia: Financial Development Index

North Macedonia
0.2517
in 2020
Serbia
0.2512
in 2020
North Macedonia rank
94th
Serbia rank
95th

Financial Development Index over time

  • North Macedonia
  • Serbia
00.10.20.3198020002020

How they compare

North Macedonia currently reports 0.2517 against 0.2512 in Serbia, a difference of 0.0005.

The two have swapped places 7 times across 41 shared years of data; in 1980 it was Serbia ahead.

North Macedonia ranks 94th and Serbia ranks 95th of 183 countries.

Across the 5 decades both report, North Macedonia averaged higher in 2 and Serbia in 2.

Head to head by decade

Decade North Macedonia Serbia Difference Ahead
1980s 0 0 0 β€”
1990s 0.1124 0.1434 0.031 Serbia
2000s 0.163 0.2248 0.0618 Serbia
2010s 0.2411 0.239 0.002 North Macedonia
2020s 0.2517 0.2512 0.0005 North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, North Macedonia or Serbia?
North Macedonia, at 0.2517 against 0.2512 in Serbia as of 2020.
What is the difference in financial development index between North Macedonia and Serbia?
0.0005, with North Macedonia ahead.
How many years of comparable data are there for North Macedonia and Serbia?
41 years are reported by both, from 1980 to 2020.
How do North Macedonia and Serbia rank globally for financial development index?
North Macedonia ranks 94th and Serbia ranks 95th 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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North Macedonia vs Serbia: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/north-macedonia/serbia/

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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.