Financial Development Index in Central African Republic
Central African Republic: Financial Development Index was 0.0393 in 2020. βΌ Falling
Financial Development Index in Central African Republic, 1980β2020
Source: International Monetary Fund.
Analysis
Central African Republic recorded 0.0393 for financial development index in 2020.
Compared with earlier readings it is down 32.6% over ten years.
Over the whole period, financial development index in Central African Republic peaked at 0.0912 in 1980 and was at its lowest, 0.0365, in 2008.
That places Central African Republic 183rd out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.081 | 0.072 | 0.0912 | 10 |
| 1990s | 0.0601 | 0.0387 | 0.086 | 10 |
| 2000s | 0.0539 | 0.0365 | 0.0691 | 10 |
| 2010s | 0.0452 | 0.0389 | 0.0632 | 10 |
| 2020s | 0.0393 | 0.0393 | 0.0393 | 1 |
Countries ranked near Central African Republic
- 180 Comoros 0.052 compare
- 181 South Sudan 0.0485 compare
- 182 Democratic Republic of the Congo 0.0451 compare
More financial sector data for Central African Republic
- Net domestic credit (current LCU), per capita 67,487 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 174.31 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 2.88 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2022)
- Gold reserves at market value 0 SDR (2022)
- Reserves excluding gold, foreign exchange 373.67 million SDR (2024)
- Reserves excluding gold 375.18 million SDR (2024)
- Total reserves (gold at market value) 375.18 million SDR (2024)
- Total reserves (gold at national valuation) 397.53 million SDR (2024)
- Domestic credit to private sector by banks 12.8% (2022)
Frequently asked questions
- What is financial development index in Central African Republic?
- Financial development index in Central African Republic was 0.0393 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Central African Republic?
- The highest recorded value was 0.0912 in 1980.
- What is the lowest financial development index recorded in Central African Republic?
- The lowest recorded value was 0.0365 in 2008.
- How does Central African Republic rank for financial development index?
- Central African Republic ranks 183rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Central African Republic?
- Over the last ten years it is down 32.6%. The long-run trend across the full record is falling.
- Where does this Central African Republic data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.