Colombia vs Latvia: Financial Institutions Access Index

Colombia
0.3348
in 2020
Latvia
0.3335
in 2020
Colombia rank
92nd
Latvia rank
93rd

Financial Institutions Access Index over time

  • Colombia
  • Latvia
00.20.40.60.8198020002020

How they compare

Colombia currently reports 0.3348 against 0.3335 in Latvia, a difference of 0.0013.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Colombia ahead.

Colombia ranks 92nd and Latvia ranks 93rd of 183 countries.

Across the 5 decades both report, Colombia averaged higher in 2 and Latvia in 3.

Head to head by decade

Decade Colombia Latvia Difference Ahead
1980s 0.1035 0 0.1035 Colombia
1990s 0.1224 0.1591 0.0367 Latvia
2000s 0.194 0.5582 0.3641 Latvia
2010s 0.3459 0.5264 0.1806 Latvia
2020s 0.3348 0.3335 0.0013 Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions access index, Colombia or Latvia?
Colombia, at 0.3348 against 0.3335 in Latvia as of 2020.
What is the difference in financial institutions access index between Colombia and Latvia?
0.0013, with Colombia ahead.
How many years of comparable data are there for Colombia and Latvia?
41 years are reported by both, from 1980 to 2020.
How do Colombia and Latvia rank globally for financial institutions access index?
Colombia ranks 92nd and Latvia ranks 93rd of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Access Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Latvia: Financial Institutions Access Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-access-index/colombia/latvia/

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About this data

Indicator
Financial Institutions Access 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.