Latvia vs Turkmenistan: Financial Markets Depth Index

Latvia
0.0452
in 2020
Turkmenistan
0.0558
in 2020
Latvia rank
108th
Turkmenistan rank
105th

Financial Markets Depth Index over time

  • Latvia
  • Turkmenistan
00.020.040.060.080.1198020002020

How they compare

Turkmenistan currently reports 0.0558 against 0.0452 in Latvia, a difference of 0.0106.

That makes Turkmenistan's figure about 1.2 times Latvia's.

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

Latvia ranks 108th and Turkmenistan ranks 105th of 183 countries.

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

Head to head by decade

Decade Latvia Turkmenistan Difference Ahead
1980s 0 0 0
1990s 0.0073 0.0146 0.0073 Turkmenistan
2000s 0.0356 0.0588 0.0232 Turkmenistan
2010s 0.0413 0.0573 0.0159 Turkmenistan
2020s 0.0452 0.0558 0.0106 Turkmenistan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Latvia or Turkmenistan?
Turkmenistan, at 0.0558 against 0.0452 in Latvia as of 2020.
What is the difference in financial markets depth index between Latvia and Turkmenistan?
0.0106, with Turkmenistan ahead.
How many years of comparable data are there for Latvia and Turkmenistan?
41 years are reported by both, from 1980 to 2020.
How do Latvia and Turkmenistan rank globally for financial markets depth index?
Latvia ranks 108th and Turkmenistan ranks 105th 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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Latvia vs Turkmenistan: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/latvia/turkmenistan/

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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.