Which has higher financial markets depth index, Madagascar or Mali?

Madagascar, at 0.0095 against 0.0084 in Mali as of 2020.

How many years of comparable data are there for Madagascar and Mali?

41 years are reported by both, from 1980 to 2020.

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.

Madagascar vs Mali: Financial Markets Depth Index

Madagascar

0.0095

in 2020

Mali

0.0084

in 2020

Madagascar rank

137th

Mali rank

139th

Financial Markets Depth Index over time

Madagascar
Mali

How they compare

Madagascar currently reports 0.0095 against 0.0084 in Mali, a difference of 0.0011.

That makes Madagascar's figure about 1.1 times Mali's.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was Mali ahead.

Madagascar ranks 137th and Mali ranks 139th of 183 countries.

Across the 5 decades both report, Madagascar averaged higher in 2 and Mali in 3.

Head to head by decade

Decade	Madagascar	Mali	Difference	Ahead
1980s	0.0235	0.0425	0.019	Mali
1990s	0.0174	0.0353	0.0179	Mali
2000s	0.0168	0.0264	0.0096	Mali
2010s	0.0104	0.0014	0.009	Madagascar
2020s	0.0095	0.0084	0.0012	Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Madagascar or Mali?: Madagascar, at 0.0095 against 0.0084 in Mali as of 2020.
What is the difference in financial markets depth index between Madagascar and Mali?: 0.0011, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Mali?: 41 years are reported by both, from 1980 to 2020.
How do Madagascar and Mali rank globally for financial markets depth index?: Madagascar ranks 137th and Mali ranks 139th 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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Madagascar vs Mali: 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/madagascar/mali/

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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: 19 August 2026

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.