Africa vs Japan: Financial Markets Depth Index

Africa
0.0853
in 2020
Japan
0.928
in 2020
Africa rank
8th
Japan rank
9th

Financial Markets Depth Index over time

  • Africa
  • Japan
00.20.40.60.81198020002020

How they compare

Japan currently reports 0.928 against 0.0853 in Africa, a difference of 0.8427.

That makes Japan's figure about 10.9 times Africa's.

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

Africa ranks 8th and Japan ranks 9th of 9 groups.

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

Head to head by decade

Decade Africa Japan Difference Ahead
1980s 0.0398 0.3245 0.2847 Japan
1990s 0.0502 0.3244 0.2742 Japan
2000s 0.0554 0.5856 0.5302 Japan
2010s 0.0699 0.7921 0.7222 Japan
2020s 0.0853 0.928 0.8427 Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Africa or Japan?
Japan, at 0.928 against 0.0853 in Africa as of 2020.
What is the difference in financial markets depth index between Africa and Japan?
0.8427, with Japan ahead.
How many years of comparable data are there for Africa and Japan?
41 years are reported by both, from 1980 to 2020.
How do Africa and Japan rank globally for financial markets depth index?
Africa ranks 8th and Japan ranks 9th of 9 groups.
Where does this data come from?
International Monetary Fund, published as Financial Markets Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa vs Japan: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/africa/japan/

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About this data

Indicator
Financial Markets 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.