Financial Development Index in Kuwait

Kuwait: Financial Development Index was 0.3716 in 2020. β–² Rising

Latest (2020)
0.3716
Change on year
up 5.4%
World rank
59th
of 183 countries
All-time high
0.5053
in 2017
All-time low
0.1614
in 1980
Years of data
41
1980–2020

Financial Development Index in Kuwait, 1980–2020

0.20.30.40.51980200020201980: 0.1611981: 0.1791982: 0.1951983: 0.1941984: 0.2281985: 0.2081986: 0.2061987: 0.2311988: 0.2651989: 0.2681990: 0.271991: 0.2691992: 0.2881993: 0.2781994: 0.2641995: 0.3431996: 0.4441997: 0.4721998: 0.3931999: 0.3742000: 0.3612001: 0.2822002: 0.282003: 0.2912004: 0.4452005: 0.4782006: 0.452007: 0.4612008: 0.4212009: 0.4422010: 0.4522011: 0.4322012: 0.4242013: 0.4272014: 0.452015: 0.4662016: 0.4972017: 0.5052018: 0.4962019: 0.3532020: 0.372

Source: International Monetary Fund.

Analysis

Kuwait recorded 0.3716 for financial development index in 2020.

The figure is up 5.4% on the previous year and down 17.8% over ten years.

Over the whole period, financial development index in Kuwait peaked at 0.5053 in 2017 and was at its lowest, 0.1614, in 1980.

Kuwait ranks 59th of 183 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2135 0.1614 0.2676 10
1990s 0.3393 0.2641 0.472 10
2000s 0.391 0.2804 0.4776 10
2010s 0.4502 0.3526 0.5053 10
2020s 0.3716 0.3716 0.3716 1

Countries ranked near Kuwait

  1. 56 Viet Nam 0.3887 compare
  2. 57 Peru 0.3818 compare
  3. 58 Bulgaria 0.3768 compare
  4. 60 Philippines 0.3712 compare
  5. 61 Oman 0.3695 compare
  6. 62 Jamaica 0.3674 compare

See the full ranking of 192 places β†’

More financial sector data for Kuwait

All data for Kuwait β†’

Frequently asked questions

What is financial development index in Kuwait?
Financial development index in Kuwait was 0.3716 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Kuwait?
The highest recorded value was 0.5053 in 2017.
What is the lowest financial development index recorded in Kuwait?
The lowest recorded value was 0.1614 in 1980.
How does Kuwait rank for financial development index?
Kuwait ranks 59th out of 183 countries with data for 2020.
Is financial development index rising or falling in Kuwait?
Over the last ten years it is down 17.8%. The long-run trend across the full record is rising.
Where does this Kuwait 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.

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Financial Development Index in Kuwait. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/kuwait/

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About this data

Indicator
Financial Development 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.