Armenia vs North Macedonia: Financial Institutions Index

Armenia
0.482
in 2020
North Macedonia
0.4893
in 2020
Armenia rank
66th
North Macedonia rank
64th

Financial Institutions Index over time

  • Armenia
  • North Macedonia
00.20.40.6198020002020

How they compare

North Macedonia currently reports 0.4893 against 0.482 in Armenia, a difference of 0.0073.

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

Armenia ranks 66th and North Macedonia ranks 64th of 183 countries.

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

Head to head by decade

Decade Armenia North Macedonia Difference Ahead
1980s 0 0 0
1990s 0.1164 0.2186 0.1023 North Macedonia
2000s 0.2231 0.3156 0.0925 North Macedonia
2010s 0.4078 0.4679 0.0601 North Macedonia
2020s 0.482 0.4893 0.0073 North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions index, Armenia or North Macedonia?
North Macedonia, at 0.4893 against 0.482 in Armenia as of 2020.
What is the difference in financial institutions index between Armenia and North Macedonia?
0.0073, with North Macedonia ahead.
How many years of comparable data are there for Armenia and North Macedonia?
41 years are reported by both, from 1980 to 2020.
How do Armenia and North Macedonia rank globally for financial institutions index?
Armenia ranks 66th and North Macedonia ranks 64th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs North Macedonia: Financial Institutions Index. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-index/armenia/north-macedonia/

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About this data

Indicator
Financial Institutions 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.