Guinea vs Latvia: Financial Markets Depth Index

Guinea
0.0427
in 2020
Latvia
0.0452
in 2020
Guinea rank
110th
Latvia rank
108th

Financial Markets Depth Index over time

  • Guinea
  • Latvia
00.020.040.060.08198020002020

How they compare

Latvia currently reports 0.0452 against 0.0427 in Guinea, a difference of 0.0025.

That makes Latvia's figure about 1.1 times Guinea's.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Latvia ahead.

Guinea ranks 110th and Latvia ranks 108th of 183 countries.

Across the 5 decades both report, Guinea averaged higher in 2 and Latvia in 3.

Head to head by decade

Decade Guinea Latvia Difference Ahead
1980s 0.0005 0 0.0005 Guinea
1990s 0.009 0.0073 0.0018 Guinea
2000s 0.0177 0.0356 0.0179 Latvia
2010s 0.0219 0.0413 0.0195 Latvia
2020s 0.0427 0.0452 0.0024 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Guinea or Latvia?
Latvia, at 0.0452 against 0.0427 in Guinea as of 2020.
What is the difference in financial markets depth index between Guinea and Latvia?
0.0025, with Latvia ahead.
How many years of comparable data are there for Guinea and Latvia?
41 years are reported by both, from 1980 to 2020.
How do Guinea and Latvia rank globally for financial markets depth index?
Guinea ranks 110th and Latvia ranks 108th 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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Guinea vs Latvia: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/guinea/latvia/

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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.