North Macedonia vs Türkiye: Financial Institutions Depth Index

North Macedonia
0.2196
in 2020
Türkiye
0.2184
in 2020
North Macedonia rank
81st
Türkiye rank
82nd

Financial Institutions Depth Index over time

  • North Macedonia
  • Türkiye
00.050.10.150.20.25198020002020

How they compare

North Macedonia currently reports 0.2196 against 0.2184 in Türkiye, a difference of 0.0012.

The two have swapped places 5 times across 41 shared years of data; in 1980 it was Türkiye ahead.

North Macedonia ranks 81st and Türkiye ranks 82nd of 183 countries.

Across the 5 decades both report, North Macedonia averaged higher in 4 and Türkiye in 1.

Head to head by decade

Decade North Macedonia Türkiye Difference Ahead
1980s 0 0.0611 0.0611 Türkiye
1990s 0.1382 0.0691 0.0691 North Macedonia
2000s 0.1172 0.0983 0.0189 North Macedonia
2010s 0.1761 0.1692 0.0069 North Macedonia
2020s 0.2196 0.2184 0.0013 North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, North Macedonia or Türkiye?
North Macedonia, at 0.2196 against 0.2184 in Türkiye as of 2020.
What is the difference in financial institutions depth index between North Macedonia and Türkiye?
0.0012, with North Macedonia ahead.
How many years of comparable data are there for North Macedonia and Türkiye?
41 years are reported by both, from 1980 to 2020.
How do North Macedonia and Türkiye rank globally for financial institutions depth index?
North Macedonia ranks 81st and Türkiye ranks 82nd 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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North Macedonia vs Türkiye: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 25 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/north-macedonia/turkiye/

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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.