Benin vs Nigeria: Financial Institutions Index
Financial Institutions Index over time
- Benin
- Nigeria
How they compare
Nigeria currently reports 0.2372 against 0.2336 in Benin, a difference of 0.0036.
The two have swapped places 9 times across 41 shared years of data; in 1980 it was Benin ahead.
Benin ranks 140th and Nigeria ranks 139th of 183 countries.
Across the 5 decades both report, Benin averaged higher in 3 and Nigeria in 2.
Head to head by decade
| Decade | Benin | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.2751 | 0.2043 | 0.0708 | Benin |
| 1990s | 0.1788 | 0.1603 | 0.0185 | Benin |
| 2000s | 0.1758 | 0.1757 | 0.0001 | Benin |
| 2010s | 0.2039 | 0.2134 | 0.0095 | Nigeria |
| 2020s | 0.2336 | 0.2372 | 0.0036 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Benin or Nigeria?
- Nigeria, at 0.2372 against 0.2336 in Benin as of 2020.
- What is the difference in financial institutions index between Benin and Nigeria?
- 0.0036, with Nigeria ahead.
- How many years of comparable data are there for Benin and Nigeria?
- 41 years are reported by both, from 1980 to 2020.
- How do Benin and Nigeria rank globally for financial institutions index?
- Benin ranks 140th and Nigeria ranks 139th 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.
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.