Financial Development Index in China
China: Financial Development Index was 0.6718 in 2020. ▲ Rising
Financial Development Index in China, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in China stood at 0.6718. That is the highest value across all 41 years on record.
That represents a change of up 6.8% on the previous year and up 30.2% over ten years.
Over the whole period, financial development index in China peaked at 0.6718 in 2020 and was at its lowest, 0, in 1980.
That places China 18th out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in China, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0.2581 | — |
| 1983 | 0.2581 | +0.0% |
| 1984 | 0.2581 | +0.0% |
| 1985 | 0.2564 | -0.6% |
| 1986 | 0.2656 | +3.6% |
| 1987 | 0.2894 | +9.0% |
| 1988 | 0.2626 | -9.3% |
| 1989 | 0.2515 | -4.2% |
| 1990 | 0.2783 | +10.7% |
| 1991 | 0.2793 | +0.4% |
| 1992 | 0.2805 | +0.4% |
| 1993 | 0.328 | +16.9% |
| 1994 | 0.3505 | +6.9% |
| 1995 | 0.3481 | -0.7% |
| 1996 | 0.3767 | +8.2% |
| 1997 | 0.3949 | +4.8% |
| 1998 | 0.3944 | -0.1% |
| 1999 | 0.3941 | -0.1% |
| 2000 | 0.3713 | -5.8% |
| 2001 | 0.3496 | -5.8% |
| 2002 | 0.3772 | +7.9% |
| 2003 | 0.4001 | +6.1% |
| 2004 | 0.4254 | +6.3% |
| 2005 | 0.4202 | -1.2% |
| 2006 | 0.4661 | +10.9% |
| 2007 | 0.514 | +10.3% |
| 2008 | 0.4804 | -6.5% |
| 2009 | 0.5126 | +6.7% |
| 2010 | 0.516 | +0.7% |
| 2011 | 0.5109 | -1.0% |
| 2012 | 0.5469 | +7.0% |
| 2013 | 0.5556 | +1.6% |
| 2014 | 0.5877 | +5.8% |
| 2015 | 0.6202 | +5.5% |
| 2016 | 0.6349 | +2.4% |
| 2017 | 0.6272 | -1.2% |
| 2018 | 0.6374 | +1.6% |
| 2019 | 0.629 | -1.3% |
| 2020 | 0.6718 | +6.8% |
China compared with similar countries
- China's 0.6718 is above the median for upper middle income countries, which is 0.2539, 2.6× the median. (54 countries reporting)
- China's 0.6718 is above the median for East Asia & Pacific, which is 0.3228, 2.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.21 | 0 | 0.2894 | 10 |
| 1990s | 0.3425 | 0.2783 | 0.3949 | 10 |
| 2000s | 0.4317 | 0.3496 | 0.514 | 10 |
| 2010s | 0.5866 | 0.5109 | 0.6374 | 10 |
| 2020s | 0.6718 | 0.6718 | 0.6718 | 1 |
Countries ranked near China
More financial sector data for China
- Reserve position in the IMF, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 9.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.8 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 9.09 % change on previous year (2025)
Frequently asked questions
- What is financial development index in China?
- Financial development index in China was 0.6718 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in China?
- The highest recorded value was 0.6718 in 2020.
- What is the lowest financial development index recorded in China?
- The lowest recorded value was 0 in 1980.
- How does China rank for financial development index?
- China ranks 18th out of 183 countries with data for 2020.
- Is financial development index rising or falling in China?
- Over the last ten years it is up 30.2%. The long-run trend across the full record is rising.
- Where does this China 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 · JSON — 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.