Azerbaijan vs Nigeria: Financial Institutions Depth Index

Azerbaijan
0.0725
in 2020
Nigeria
0.0754
in 2020
Azerbaijan rank
143rd
Nigeria rank
140th

Financial Institutions Depth Index over time

  • Azerbaijan
  • Nigeria
00.020.040.060.080.1198020002020

How they compare

Nigeria currently reports 0.0754 against 0.0725 in Azerbaijan, a difference of 0.0029.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Nigeria ahead.

Azerbaijan ranks 143rd and Nigeria ranks 140th of 183 countries.

Across the 5 decades both report, Azerbaijan averaged higher in 1 and Nigeria in 4.

Head to head by decade

Decade Azerbaijan Nigeria Difference Ahead
1980s 0 0.0408 0.0408 Nigeria
1990s 0.0137 0.0429 0.0292 Nigeria
2000s 0.0388 0.0481 0.0093 Nigeria
2010s 0.0667 0.0608 0.0059 Azerbaijan
2020s 0.0725 0.0754 0.0029 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Azerbaijan or Nigeria?
Nigeria, at 0.0754 against 0.0725 in Azerbaijan as of 2020.
What is the difference in financial institutions depth index between Azerbaijan and Nigeria?
0.0029, with Nigeria ahead.
How many years of comparable data are there for Azerbaijan and Nigeria?
41 years are reported by both, from 1980 to 2020.
How do Azerbaijan and Nigeria rank globally for financial institutions depth index?
Azerbaijan ranks 143rd and Nigeria ranks 140th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Nigeria: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/azerbaijan/nigeria/

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About this data

Indicator
Financial Institutions Depth 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.