Haiti vs Madagascar: Financial Institutions Depth Index

Haiti
0.0523
in 2020
Madagascar
0.0559
in 2020
Haiti rank
155th
Madagascar rank
152nd

Financial Institutions Depth Index over time

  • Haiti
  • Madagascar
0.020.040.060.080.1198020002020

How they compare

Madagascar currently reports 0.0559 against 0.0523 in Haiti, a difference of 0.0036.

That makes Madagascar's figure about 1.1 times Haiti's.

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

Haiti ranks 155th and Madagascar ranks 152nd of 183 countries.

Across the 5 decades both report, Haiti averaged higher in 2 and Madagascar in 3.

Head to head by decade

Decade Haiti Madagascar Difference Ahead
1980s 0.0362 0.0632 0.0271 Madagascar
1990s 0.0603 0.0521 0.0082 Haiti
2000s 0.0451 0.0472 0.0022 Madagascar
2010s 0.0548 0.0526 0.0022 Haiti
2020s 0.0523 0.0559 0.0036 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Haiti or Madagascar?
Madagascar, at 0.0559 against 0.0523 in Haiti as of 2020.
What is the difference in financial institutions depth index between Haiti and Madagascar?
0.0036, with Madagascar ahead.
How many years of comparable data are there for Haiti and Madagascar?
41 years are reported by both, from 1980 to 2020.
How do Haiti and Madagascar rank globally for financial institutions depth index?
Haiti ranks 155th and Madagascar ranks 152nd 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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Haiti vs Madagascar: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/haiti/madagascar/

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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.