Kenya vs Latvia: Financial Markets Index

Kenya
0.0401
in 2020
Latvia
0.0354
in 2020
Kenya rank
102nd
Latvia rank
105th

Financial Markets Index over time

  • Kenya
  • Latvia
00.0250.050.0750.1198020002020

How they compare

Kenya currently reports 0.0401 against 0.0354 in Latvia, a difference of 0.0047.

That makes Kenya's figure about 1.1 times Latvia's.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Kenya ahead.

Kenya ranks 102nd and Latvia ranks 105th of 183 countries.

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

Head to head by decade

Decade Kenya Latvia Difference Ahead
1980s 0.0424 0 0.0424 Kenya
1990s 0.0403 0.0134 0.0269 Kenya
2000s 0.0576 0.0427 0.0149 Kenya
2010s 0.0674 0.053 0.0144 Kenya
2020s 0.0401 0.0354 0.0047 Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets index, Kenya or Latvia?
Kenya, at 0.0401 against 0.0354 in Latvia as of 2020.
What is the difference in financial markets index between Kenya and Latvia?
0.0047, with Kenya ahead.
How many years of comparable data are there for Kenya and Latvia?
41 years are reported by both, from 1980 to 2020.
How do Kenya and Latvia rank globally for financial markets index?
Kenya ranks 102nd and Latvia ranks 105th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Markets Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kenya vs Latvia: Financial Markets Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-index/kenya/latvia/

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About this data

Indicator
Financial Markets 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.