Nigeria vs Uruguay: Financial Markets Depth Index

Nigeria
0.0686
in 2020
Uruguay
0.0621
in 2020
Nigeria rank
98th
Uruguay rank
101st

Financial Markets Depth Index over time

  • Nigeria
  • Uruguay
00.0250.050.0750.1198020002020

How they compare

Nigeria currently reports 0.0686 against 0.0621 in Uruguay, a difference of 0.0065.

That makes Nigeria's figure about 1.1 times Uruguay's.

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

Nigeria ranks 98th and Uruguay ranks 101st of 183 countries.

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

Head to head by decade

Decade Nigeria Uruguay Difference Ahead
1980s 0.0228 0.0117 0.0112 Nigeria
1990s 0.0339 0.0129 0.021 Nigeria
2000s 0.0414 0.0371 0.0043 Nigeria
2010s 0.0561 0.0496 0.0066 Nigeria
2020s 0.0686 0.0621 0.0065 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Nigeria or Uruguay?
Nigeria, at 0.0686 against 0.0621 in Uruguay as of 2020.
What is the difference in financial markets depth index between Nigeria and Uruguay?
0.0065, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Uruguay?
41 years are reported by both, from 1980 to 2020.
How do Nigeria and Uruguay rank globally for financial markets depth index?
Nigeria ranks 98th and Uruguay ranks 101st 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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Nigeria vs Uruguay: 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/nigeria/uruguay/

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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.