Which has higher financial institutions depth index, Nigeria or Zambia?

Zambia, at 0.0815 against 0.0754 in Nigeria as of 2020.

How many years of comparable data are there for Nigeria and Zambia?

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.

Nigeria vs Zambia: Financial Institutions Depth Index

Nigeria

0.0754

in 2020

Zambia

0.0815

in 2020

Nigeria rank

140th

Zambia rank

137th

Financial Institutions Depth Index over time

Nigeria
Zambia

How they compare

Zambia currently reports 0.0815 against 0.0754 in Nigeria, a difference of 0.0061.

That makes Zambia's figure about 1.1 times Nigeria's.

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

Nigeria ranks 140th and Zambia ranks 137th of 183 countries.

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

Head to head by decade

Decade	Nigeria	Zambia	Difference	Ahead
1980s	0.0408	0.0736	0.0328	Zambia
1990s	0.0429	0.0635	0.0206	Zambia
2000s	0.0481	0.0719	0.0238	Zambia
2010s	0.0608	0.0767	0.0159	Zambia
2020s	0.0754	0.0815	0.0061	Zambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Nigeria or Zambia?: Zambia, at 0.0815 against 0.0754 in Nigeria as of 2020.
What is the difference in financial institutions depth index between Nigeria and Zambia?: 0.0061, with Zambia ahead.
How many years of comparable data are there for Nigeria and Zambia?: 41 years are reported by both, from 1980 to 2020.
How do Nigeria and Zambia rank globally for financial institutions depth index?: Nigeria ranks 140th and Zambia ranks 137th 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

Share, cite or embed this page

Cite this page

Nigeria vs Zambia: 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/zambia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/nigeria/zambia/">Nigeria vs Zambia: Financial Institutions Depth Index</a> — Statizoid

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.