Financial Development Index in Mexico
Mexico: Financial Development Index was 0.407 in 2020. ▲ Rising
Financial Development Index in Mexico, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Mexico is 0.407, measured in 2020. That is the highest value across all 41 years on record.
The figure is up 3.9% on the previous year and up 6.5% over ten years.
Over the whole period, financial development index in Mexico peaked at 0.407 in 2020 and was at its lowest, 0.2271, in 1983.
Mexico ranks 53rd 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.
Financial Development Index in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.3618 | — |
| 1981 | 0.3677 | +1.6% |
| 1982 | 0.2731 | -25.7% |
| 1983 | 0.2271 | -16.8% |
| 1984 | 0.2764 | +21.7% |
| 1985 | 0.3227 | +16.8% |
| 1986 | 0.3229 | +0.1% |
| 1987 | 0.3417 | +5.8% |
| 1988 | 0.2718 | -20.5% |
| 1989 | 0.2754 | +1.3% |
| 1990 | 0.2536 | -7.9% |
| 1991 | 0.261 | +2.9% |
| 1992 | 0.2939 | +12.6% |
| 1993 | 0.2972 | +1.1% |
| 1994 | 0.3241 | +9.1% |
| 1995 | 0.2966 | -8.5% |
| 1996 | 0.2954 | -0.4% |
| 1997 | 0.2983 | +1.0% |
| 1998 | 0.2754 | -7.7% |
| 1999 | 0.2607 | -5.3% |
| 2000 | 0.3028 | +16.2% |
| 2001 | 0.3275 | +8.1% |
| 2002 | 0.2908 | -11.2% |
| 2003 | 0.2949 | +1.4% |
| 2004 | 0.3188 | +8.1% |
| 2005 | 0.3357 | +5.3% |
| 2006 | 0.3297 | -1.8% |
| 2007 | 0.3755 | +13.9% |
| 2008 | 0.3823 | +1.8% |
| 2009 | 0.3619 | -5.3% |
| 2010 | 0.3823 | +5.7% |
| 2011 | 0.3695 | -3.4% |
| 2012 | 0.3796 | +2.7% |
| 2013 | 0.3992 | +5.2% |
| 2014 | 0.3757 | -5.9% |
| 2015 | 0.3824 | +1.8% |
| 2016 | 0.3949 | +3.3% |
| 2017 | 0.3894 | -1.4% |
| 2018 | 0.393 | +0.9% |
| 2019 | 0.3916 | -0.3% |
| 2020 | 0.407 | +3.9% |
Mexico compared with similar countries
- Mexico's 0.407 is above the median for upper middle income countries, which is 0.2539, 1.6× the median. (54 countries reporting)
- Mexico's 0.407 is above the median for Latin America & Caribbean, which is 0.2814, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3041 | 0.2271 | 0.3677 | 10 |
| 1990s | 0.2856 | 0.2536 | 0.3241 | 10 |
| 2000s | 0.332 | 0.2908 | 0.3823 | 10 |
| 2010s | 0.3858 | 0.3695 | 0.3992 | 10 |
| 2020s | 0.407 | 0.407 | 0.407 | 1 |
Countries ranked near Mexico
More financial sector data for Mexico
- Reserve position in the IMF, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 24.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.95 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 18.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 24.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.95 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Mexico?
- Financial development index in Mexico was 0.407 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Mexico?
- The highest recorded value was 0.407 in 2020.
- What is the lowest financial development index recorded in Mexico?
- The lowest recorded value was 0.2271 in 1983.
- How does Mexico rank for financial development index?
- Mexico ranks 53rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Mexico?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Mexico 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.