Nigeria vs Tanzania, United Republic of: Financial Institutions Depth Index

Nigeria
0.0754
in 2020
Tanzania, United Republic of
0.0796
in 2020
Nigeria rank
140th
Tanzania, United Republic of rank
138th

Financial Institutions Depth Index over time

  • Nigeria
  • Tanzania, United Republic of
0.0250.050.0750.10.125198020002020

How they compare

Tanzania, United Republic of currently reports 0.0796 against 0.0754 in Nigeria, a difference of 0.0042.

That makes Tanzania, United Republic of's figure about 1.1 times Nigeria's.

The two have swapped places 4 times across 41 shared years of data; in 1980 it was Tanzania, United Republic of ahead.

Nigeria ranks 140th and Tanzania, United Republic of ranks 138th of 183 countries.

Tanzania, United Republic of has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Nigeria Tanzania, United Republic of Difference Ahead
1980s 0.0408 0.0862 0.0454 Tanzania, United Republic of
1990s 0.0429 0.0801 0.0372 Tanzania, United Republic of
2000s 0.0481 0.0541 0.006 Tanzania, United Republic of
2010s 0.0608 0.0779 0.0171 Tanzania, United Republic of
2020s 0.0754 0.0796 0.0042 Tanzania, United Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Nigeria or Tanzania, United Republic of?
Tanzania, United Republic of, at 0.0796 against 0.0754 in Nigeria as of 2020.
What is the difference in financial institutions depth index between Nigeria and Tanzania, United Republic of?
0.0042, with Tanzania, United Republic of ahead.
How many years of comparable data are there for Nigeria and Tanzania, United Republic of?
41 years are reported by both, from 1980 to 2020.
How do Nigeria and Tanzania, United Republic of rank globally for financial institutions depth index?
Nigeria ranks 140th and Tanzania, United Republic of ranks 138th 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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Nigeria vs Tanzania, United Republic of: 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/nigeria/tanzania/

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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.