Kenya vs Nigeria: Financial Markets Depth Index
Financial Markets Depth Index over time
- Kenya
- Nigeria
How they compare
Kenya currently reports 0.0768 against 0.0686 in Nigeria, a difference of 0.0082.
That makes Kenya's figure about 1.1 times Nigeria's.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was Kenya ahead.
Kenya ranks 96th and Nigeria ranks 98th of 183 countries.
Kenya has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Kenya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0926 | 0.0228 | 0.0698 | Kenya |
| 1990s | 0.0753 | 0.0339 | 0.0414 | Kenya |
| 2000s | 0.0886 | 0.0414 | 0.0471 | Kenya |
| 2010s | 0.0931 | 0.0561 | 0.0369 | Kenya |
| 2020s | 0.0768 | 0.0686 | 0.0082 | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial markets depth index, Kenya or Nigeria?
- Kenya, at 0.0768 against 0.0686 in Nigeria as of 2020.
- What is the difference in financial markets depth index between Kenya and Nigeria?
- 0.0082, with Kenya ahead.
- How many years of comparable data are there for Kenya and Nigeria?
- 41 years are reported by both, from 1980 to 2020.
- How do Kenya and Nigeria rank globally for financial markets depth index?
- Kenya ranks 96th and Nigeria ranks 98th 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.
Individual pages
About this data
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.