Hong Kong, China vs Latin America and the Caribbean (LAC): Financial Institutions Depth Index

Hong Kong, China
1
in 2020
Latin America and the Caribbean (LAC)
0.3423
in 2020
Hong Kong, China rank
1st
Latin America and the Caribbean (LAC) rank
3rd

Financial Institutions Depth Index over time

  • Hong Kong, China
  • Latin America and the Caribbean (LAC)
0.20.40.60.81198020002020

How they compare

Hong Kong, China currently reports 1 against 0.3423 in Latin America and the Caribbean (LAC), a difference of 0.6577.

That makes Hong Kong, China's figure about 2.9 times Latin America and the Caribbean (LAC)'s.

Across all 41 years both countries report, Hong Kong, China has been ahead every year.

Hong Kong, China ranks 1st and Latin America and the Caribbean (LAC) ranks 3rd of 183 countries.

Hong Kong, China has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Hong Kong, China Latin America and the Caribbean (LAC) Difference Ahead
1980s 0.685 0.1616 0.5235 Hong Kong, China
1990s 0.684 0.209 0.4749 Hong Kong, China
2000s 0.8542 0.268 0.5862 Hong Kong, China
2010s 0.9441 0.2988 0.6453 Hong Kong, China
2020s 1 0.3423 0.6577 Hong Kong, China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Hong Kong, China or Latin America and the Caribbean (LAC)?
Hong Kong, China, at 1 against 0.3423 in Latin America and the Caribbean (LAC) as of 2020.
What is the difference in financial institutions depth index between Hong Kong, China and Latin America and the Caribbean (LAC)?
0.6577, with Hong Kong, China ahead.
How many years of comparable data are there for Hong Kong, China and Latin America and the Caribbean (LAC)?
41 years are reported by both, from 1980 to 2020.
How do Hong Kong, China and Latin America and the Caribbean (LAC) rank globally for financial institutions depth index?
Hong Kong, China ranks 1st and Latin America and the Caribbean (LAC) ranks 3rd 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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Hong Kong, China vs Latin America and the Caribbean (LAC): Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/hong-kong-sar-china/latin-america-and-the-caribbean-lac/

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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.