Cyprus vs Türkiye: Financial Markets Depth Index

Cyprus
0.4547
in 2020
Türkiye
0.45
in 2020
Cyprus rank
39th
Türkiye rank
40th

Financial Markets Depth Index over time

  • Cyprus
  • Türkiye
00.20.40.6198020002020

How they compare

Cyprus currently reports 0.4547 against 0.45 in Türkiye, a difference of 0.0047.

The two have swapped places 4 times across 41 shared years of data; in 1980 it was Cyprus ahead.

Cyprus ranks 39th and Türkiye ranks 40th of 183 countries.

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

Head to head by decade

Decade Cyprus Türkiye Difference Ahead
1980s 0.1125 0.0376 0.0749 Cyprus
1990s 0.1859 0.1376 0.0484 Cyprus
2000s 0.3987 0.2773 0.1213 Cyprus
2010s 0.4214 0.3252 0.0961 Cyprus
2020s 0.4547 0.45 0.0047 Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Cyprus or Türkiye?
Cyprus, at 0.4547 against 0.45 in Türkiye as of 2020.
What is the difference in financial markets depth index between Cyprus and Türkiye?
0.0047, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Türkiye?
41 years are reported by both, from 1980 to 2020.
How do Cyprus and Türkiye rank globally for financial markets depth index?
Cyprus ranks 39th and Türkiye ranks 40th of 183 countries.
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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Cyprus vs Türkiye: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/cyprus/turkiye/

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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.