Nigeria vs Tanzania: Financial Institutions Depth Index
Financial Institutions Depth Index over time
- Nigeria
- Tanzania
How they compare
Tanzania currently reports 0.0796 against 0.0754 in Nigeria, a difference of 0.0042.
That makes Tanzania'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 ahead.
Nigeria ranks 140th and Tanzania ranks 138th of 183 countries.
Tanzania has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Nigeria | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0408 | 0.0862 | 0.0454 | Tanzania |
| 1990s | 0.0429 | 0.0801 | 0.0372 | Tanzania |
| 2000s | 0.0481 | 0.0541 | 0.006 | Tanzania |
| 2010s | 0.0608 | 0.0779 | 0.0171 | Tanzania |
| 2020s | 0.0754 | 0.0796 | 0.0042 | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, Nigeria or Tanzania?
- Tanzania, at 0.0796 against 0.0754 in Nigeria as of 2020.
- What is the difference in financial institutions depth index between Nigeria and Tanzania?
- 0.0042, with Tanzania ahead.
- How many years of comparable data are there for Nigeria and Tanzania?
- 41 years are reported by both, from 1980 to 2020.
- How do Nigeria and Tanzania rank globally for financial institutions depth index?
- Nigeria ranks 140th and Tanzania 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.
Individual pages
About this data
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.