Which has higher financial institutions depth index, Kenya or Maldives?

Kenya, at 0.1909 against 0.1903 in Maldives as of 2020.

How many years of comparable data are there for Kenya and Maldives?

41 years are reported by both, from 1980 to 2020.

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.

Kenya vs Maldives: Financial Institutions Depth Index

Kenya

0.1909

in 2020

Maldives

0.1903

in 2020

Kenya rank

92nd

Maldives rank

93rd

Financial Institutions Depth Index over time

Kenya
Maldives

How they compare

Kenya currently reports 0.1909 against 0.1903 in Maldives, a difference of 0.0006.

Across all 41 years both countries report, Kenya has been ahead every year.

Kenya ranks 92nd and Maldives ranks 93rd of 183 countries.

Kenya has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade	Kenya	Maldives	Difference	Ahead
1980s	0.1343	0.0401	0.0942	Kenya
1990s	0.1394	0.033	0.1064	Kenya
2000s	0.1639	0.0933	0.0706	Kenya
2010s	0.2047	0.1127	0.092	Kenya
2020s	0.1909	0.1903	0.0005	Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Kenya or Maldives?: Kenya, at 0.1909 against 0.1903 in Maldives as of 2020.
What is the difference in financial institutions depth index between Kenya and Maldives?: 0.0006, with Kenya ahead.
How many years of comparable data are there for Kenya and Maldives?: 41 years are reported by both, from 1980 to 2020.
How do Kenya and Maldives rank globally for financial institutions depth index?: Kenya ranks 92nd and Maldives ranks 93rd 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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Kenya vs Maldives: 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/kenya/maldives/

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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: 19 August 2026

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.