Financial Development Index in Middle East and Central Asia
Middle East and Central Asia: Financial Development Index was 0.266 in 2020. β² Rising
Financial Development Index in Middle East and Central Asia, 1980β2020
Source: International Monetary Fund.
Analysis
Middle East and Central Asia recorded 0.266 for financial development index in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 8.5% over ten years.
Over the whole period, financial development index in Middle East and Central Asia peaked at 0.266 in 2020 and was at its lowest, 0.1159, in 1980.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1383 | 0.1159 | 0.1521 | 10 |
| 1990s | 0.1771 | 0.1471 | 0.2095 | 10 |
| 2000s | 0.2316 | 0.2062 | 0.2611 | 10 |
| 2010s | 0.2506 | 0.238 | 0.2627 | 10 |
| 2020s | 0.266 | 0.266 | 0.266 | 1 |
Countries ranked near Middle East and Central Asia
- 4 United States 0.9076 compare
- 5 United Kingdom 0.8908 compare
- 6 Canada 0.8485 compare
- 7 Korea 0.8316 compare
- 8 Spain 0.8267 compare
- 9 France 0.801 compare
- 10 Hong Kong Special Administrative Region, People's Republic of China 0.7794 compare
More financial sector data for Middle East and Central Asia
- Total reserves (gold at national valuation) 1.11 trillion SDR (2025)
- Gold reserves at 35 SDRs per ounce 3.03 billion SDR (2025)
- Gold reserves at market value 245.66 billion SDR (2025)
- Reserves excluding gold, foreign exchange 893.42 billion SDR (2025)
- Total reserves (gold at market value) 1.18 trillion SDR (2025)
- Reserves excluding gold 935.44 billion SDR (2025)
- Financial Institutions Index 0.3513 (2020)
- Financial Institutions Depth Index 0.1419 (2020)
- Financial Institutions Access Index 0.3082 (2020)
- Financial Institutions Efficiency Index 0.6108 (2020)
Frequently asked questions
- What is financial development index in Middle East and Central Asia?
- Financial development index in Middle East and Central Asia was 0.266 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Middle East and Central Asia?
- The highest recorded value was 0.266 in 2020.
- What is the lowest financial development index recorded in Middle East and Central Asia?
- The lowest recorded value was 0.1159 in 1980.
- How does Middle East and Central Asia rank for financial development index?
- Middle East and Central Asia ranks 7th out of 9 groups with data for 2020.
- Is financial development index rising or falling in Middle East and Central Asia?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Middle East and Central Asia 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.