Iceland vs Mongolia: Financial Markets Depth Index

Iceland
0.3281
in 2020
Mongolia
0.296
in 2020
Iceland rank
52nd
Mongolia rank
54th

Financial Markets Depth Index over time

  • Iceland
  • Mongolia
00.10.20.30.40.5198020002020

How they compare

Iceland currently reports 0.3281 against 0.296 in Mongolia, a difference of 0.0321.

That makes Iceland's figure about 1.1 times Mongolia's.

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

Iceland ranks 52nd and Mongolia ranks 54th of 183 countries.

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

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 0.0265 0 0.0265 Iceland
1990s 0.125 0.0117 0.1132 Iceland
2000s 0.4426 0.027 0.4156 Iceland
2010s 0.409 0.2228 0.1862 Iceland
2020s 0.3281 0.296 0.0321 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Iceland or Mongolia?
Iceland, at 0.3281 against 0.296 in Mongolia as of 2020.
What is the difference in financial markets depth index between Iceland and Mongolia?
0.0321, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Mongolia rank globally for financial markets depth index?
Iceland ranks 52nd and Mongolia ranks 54th 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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Iceland vs Mongolia: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/iceland/mongolia/

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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.