Burkina Faso vs Nigeria: Financial Institutions Index
Financial Institutions Index over time
- Burkina Faso
- Nigeria
How they compare
Burkina Faso currently reports 0.2378 against 0.2372 in Nigeria, a difference of 0.0006.
The two have swapped places 8 times across 41 shared years of data; in 1980 it was Burkina Faso ahead.
Burkina Faso ranks 138th and Nigeria ranks 139th of 183 countries.
Across the 5 decades both report, Burkina Faso averaged higher in 3 and Nigeria in 2.
Head to head by decade
| Decade | Burkina Faso | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.2744 | 0.2043 | 0.0701 | Burkina Faso |
| 1990s | 0.2137 | 0.1603 | 0.0534 | Burkina Faso |
| 2000s | 0.161 | 0.1757 | 0.0147 | Nigeria |
| 2010s | 0.2062 | 0.2134 | 0.0072 | Nigeria |
| 2020s | 0.2378 | 0.2372 | 0.0006 | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Burkina Faso or Nigeria?
- Burkina Faso, at 0.2378 against 0.2372 in Nigeria as of 2020.
- What is the difference in financial institutions index between Burkina Faso and Nigeria?
- 0.0006, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Nigeria?
- 41 years are reported by both, from 1980 to 2020.
- How do Burkina Faso and Nigeria rank globally for financial institutions index?
- Burkina Faso ranks 138th 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.