Latin America and the Caribbean (LAC) vs Luxembourg: Financial Institutions Index

Latin America and the Caribbean (LAC)
0.4821
in 2020
Luxembourg
0.8879
in 2020
Latin America and the Caribbean (LAC) rank
3rd
Luxembourg rank
6th

Financial Institutions Index over time

  • Latin America and the Caribbean (LAC)
  • Luxembourg
0.40.60.81198020002020

How they compare

Luxembourg currently reports 0.8879 against 0.4821 in Latin America and the Caribbean (LAC), a difference of 0.4058.

That makes Luxembourg's figure about 1.8 times Latin America and the Caribbean (LAC)'s.

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

Latin America and the Caribbean (LAC) ranks 3rd and Luxembourg ranks 6th of 9 groups.

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

Head to head by decade

Decade Latin America and the Caribbean (LAC) Luxembourg Difference Ahead
1980s 0.3228 0.7499 0.427 Luxembourg
1990s 0.3339 0.8219 0.4879 Luxembourg
2000s 0.3889 0.8233 0.4344 Luxembourg
2010s 0.4618 0.8409 0.379 Luxembourg
2020s 0.4821 0.8879 0.4057 Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions index, Latin America and the Caribbean (LAC) or Luxembourg?
Luxembourg, at 0.8879 against 0.4821 in Latin America and the Caribbean (LAC) as of 2020.
What is the difference in financial institutions index between Latin America and the Caribbean (LAC) and Luxembourg?
0.4058, with Luxembourg ahead.
How many years of comparable data are there for Latin America and the Caribbean (LAC) and Luxembourg?
41 years are reported by both, from 1980 to 2020.
How do Latin America and the Caribbean (LAC) and Luxembourg rank globally for financial institutions index?
Latin America and the Caribbean (LAC) ranks 3rd and Luxembourg ranks 6th of 9 groups.
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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Latin America and the Caribbean (LAC) vs Luxembourg: Financial Institutions Index. Statizoid, drawing on International Monetary Fund. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-index/latin-america-and-the-caribbean-lac/luxembourg/

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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.