Financial Development Index in Pakistan
Pakistan: Financial Development Index was 0.2294 in 2020. ▲ Rising
Financial Development Index in Pakistan, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Pakistan is 0.2294, measured in 2020.
That represents a change of up 1.0% on the previous year and up 12.9% over ten years.
Over the whole period, financial development index in Pakistan peaked at 0.3664 in 2007 and was at its lowest, 0.0967, in 1980.
That places Pakistan 99th out of 183 countries with data for 2020, putting it 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 Pakistan, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0967 | — |
| 1981 | 0.0974 | +0.7% |
| 1982 | 0.0995 | +2.2% |
| 1983 | 0.1068 | +7.3% |
| 1984 | 0.108 | +1.2% |
| 1985 | 0.1209 | +11.9% |
| 1986 | 0.1277 | +5.6% |
| 1987 | 0.1199 | -6.1% |
| 1988 | 0.1217 | +1.5% |
| 1989 | 0.1213 | -0.4% |
| 1990 | 0.1171 | -3.4% |
| 1991 | 0.1174 | +0.3% |
| 1992 | 0.1136 | -3.2% |
| 1993 | 0.1229 | +8.2% |
| 1994 | 0.1193 | -3.0% |
| 1995 | 0.1177 | -1.3% |
| 1996 | 0.2076 | +76.4% |
| 1997 | 0.2717 | +30.9% |
| 1998 | 0.2874 | +5.8% |
| 1999 | 0.2889 | +0.5% |
| 2000 | 0.3034 | +5.0% |
| 2001 | 0.2725 | -10.2% |
| 2002 | 0.3101 | +13.8% |
| 2003 | 0.344 | +10.9% |
| 2004 | 0.3586 | +4.3% |
| 2005 | 0.3606 | +0.5% |
| 2006 | 0.3584 | -0.6% |
| 2007 | 0.3664 | +2.3% |
| 2008 | 0.3146 | -14.1% |
| 2009 | 0.2516 | -20.0% |
| 2010 | 0.2032 | -19.2% |
| 2011 | 0.1985 | -2.3% |
| 2012 | 0.199 | +0.2% |
| 2013 | 0.1469 | -26.1% |
| 2014 | 0.1503 | +2.3% |
| 2015 | 0.2385 | +58.7% |
| 2016 | 0.2243 | -5.9% |
| 2017 | 0.2248 | +0.2% |
| 2018 | 0.2275 | +1.2% |
| 2019 | 0.227 | -0.2% |
| 2020 | 0.2294 | +1.0% |
Pakistan compared with similar countries
- Pakistan's 0.2294 is above the median for lower middle income countries, which is 0.1603, 1.4× the median. (45 countries reporting)
- Pakistan's 0.2294 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.3517, 65% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index in Pakistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +76.4% | 0.1177 | 0.2076 |
| 2015 | +58.7% | 0.1503 | 0.2385 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.112 | 0.0967 | 0.1277 | 10 |
| 1990s | 0.1764 | 0.1136 | 0.2889 | 10 |
| 2000s | 0.324 | 0.2516 | 0.3664 | 10 |
| 2010s | 0.204 | 0.1469 | 0.2385 | 10 |
| 2020s | 0.2294 | 0.2294 | 0.2294 | 1 |
Countries ranked near Pakistan
More financial sector data for Pakistan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0006 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0005 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0006 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Pakistan?
- Financial development index in Pakistan was 0.2294 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Pakistan?
- The highest recorded value was 0.3664 in 2007.
- What is the lowest financial development index recorded in Pakistan?
- The lowest recorded value was 0.0967 in 1980.
- How does Pakistan rank for financial development index?
- Pakistan ranks 99th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Pakistan?
- Over the last ten years it is up 12.9%. The long-run trend across the full record is rising.
- Where does this Pakistan 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.