Financial Development Index in Russia
Russia: Financial Development Index was 0.5305 in 2020. ◆ Volatile
Financial Development Index in Russia, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Russia is 0.5305, measured in 2020.
Compared with earlier readings it is up 9.2% on the previous year and up 2.2% over ten years.
Over the whole period, financial development index in Russia peaked at 0.5726 in 2009 and was at its lowest, 0, in 1980.
That places Russia 34th out of 183 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0.0001 | — |
| 1985 | 0.0001 | +0.0% |
| 1986 | 0.0001 | -0.9% |
| 1987 | 0.0001 | +0.0% |
| 1988 | 0.0001 | -0.9% |
| 1989 | 0.0001 | -0.4% |
| 1990 | 0.3723 | +325239.1% |
| 1991 | 0.4262 | +14.5% |
| 1992 | 0.4291 | +0.7% |
| 1993 | 0.4203 | -2.0% |
| 1994 | 0.3839 | -8.7% |
| 1995 | 0.3319 | -13.5% |
| 1996 | 0.3461 | +4.3% |
| 1997 | 0.3652 | +5.5% |
| 1998 | 0.3627 | -0.7% |
| 1999 | 0.4321 | +19.1% |
| 2000 | 0.4563 | +5.6% |
| 2001 | 0.4735 | +3.8% |
| 2002 | 0.4698 | -0.8% |
| 2003 | 0.4973 | +5.9% |
| 2004 | 0.4664 | -6.2% |
| 2005 | 0.4951 | +6.2% |
| 2006 | 0.5326 | +7.6% |
| 2007 | 0.5519 | +3.6% |
| 2008 | 0.5384 | -2.4% |
| 2009 | 0.5726 | +6.4% |
| 2010 | 0.5189 | -9.4% |
| 2011 | 0.5607 | +8.1% |
| 2012 | 0.5046 | -10.0% |
| 2013 | 0.4857 | -3.7% |
| 2014 | 0.479 | -1.4% |
| 2015 | 0.4585 | -4.3% |
| 2016 | 0.503 | +9.7% |
| 2017 | 0.4639 | -7.8% |
| 2018 | 0.4691 | +1.1% |
| 2019 | 0.4859 | +3.6% |
| 2020 | 0.5305 | +9.2% |
Russia compared with similar countries
- Russia's 0.5305 is above the median for high income countries, which is 0.4828, 1.1× the median. (62 countries reporting)
- Russia's 0.5305 is above the median for Europe & Central Asia, which is 0.4521, 1.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index in Russia 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 |
|---|---|---|---|
| 1990 | +325239.1% | 0.0001 | 0.3723 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0001 | 0 | 0.0001 | 10 |
| 1990s | 0.387 | 0.3319 | 0.4321 | 10 |
| 2000s | 0.5054 | 0.4563 | 0.5726 | 10 |
| 2010s | 0.4929 | 0.4585 | 0.5607 | 10 |
| 2020s | 0.5305 | 0.5305 | 0.5305 | 1 |
Countries ranked near Russia
More financial sector data for Russia
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.9 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.48 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.9 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 Russia?
- Financial development index in Russia was 0.5305 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Russia?
- The highest recorded value was 0.5726 in 2009.
- What is the lowest financial development index recorded in Russia?
- The lowest recorded value was 0 in 1980.
- How does Russia rank for financial development index?
- Russia ranks 34th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Russia?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is volatile.
- Where does this Russia 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.