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

Philippines, at 0.1952 against 0.1909 in Kenya as of 2020.

What is the difference in financial institutions depth index between Kenya and Philippines?

0.0043, with Philippines ahead.

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

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 Philippines: Financial Institutions Depth Index

Kenya

0.1909

in 2020

Philippines

0.1952

in 2020

Kenya rank

92nd

Philippines rank

90th

Financial Institutions Depth Index over time

Kenya
Philippines

How they compare

Philippines currently reports 0.1952 against 0.1909 in Kenya, a difference of 0.0043.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was Kenya ahead.

Kenya ranks 92nd and Philippines ranks 90th of 183 countries.

Across the 5 decades both report, Kenya averaged higher in 4 and Philippines in 1.

Head to head by decade

Decade	Kenya	Philippines	Difference	Ahead
1980s	0.1343	0.0904	0.0439	Kenya
1990s	0.1394	0.1193	0.0201	Kenya
2000s	0.1639	0.1269	0.037	Kenya
2010s	0.2047	0.1574	0.0473	Kenya
2020s	0.1909	0.1952	0.0044	Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Kenya or Philippines?: Philippines, at 0.1952 against 0.1909 in Kenya as of 2020.
What is the difference in financial institutions depth index between Kenya and Philippines?: 0.0043, with Philippines ahead.
How many years of comparable data are there for Kenya and Philippines?: 41 years are reported by both, from 1980 to 2020.
How do Kenya and Philippines rank globally for financial institutions depth index?: Kenya ranks 92nd and Philippines ranks 90th 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 Philippines: 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/philippines/

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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.