Financial Development Index in Slovak Republic
Slovak Republic: Financial Development Index was 0.2827 in 2020. β Volatile
Financial Development Index in Slovak Republic, 1980β2020
Source: International Monetary Fund.
Analysis
Slovak Republic recorded 0.2827 for financial development index in 2020.
That represents a change of down 0.3% on the previous year and up 2.5% over ten years.
Over the whole period, financial development index in Slovak Republic peaked at 0.2906 in 2016 and was at its lowest, 0, in 1980.
Slovak Republic ranks 82nd of 183 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.1745 | 0 | 0.2258 | 10 |
| 2000s | 0.2351 | 0.1982 | 0.2627 | 10 |
| 2010s | 0.2826 | 0.272 | 0.2906 | 10 |
| 2020s | 0.2827 | 0.2827 | 0.2827 | 1 |
Countries ranked near Slovak Republic
- 79 Egypt, Arab Republic of 0.2997 compare
- 80 St. Kitts and Nevis 0.2954 compare
- 81 Aruba, Kingdom of the Netherlands 0.2912 compare
- 83 Grenada 0.2814 compare
- 84 Estonia, Republic of 0.2794 compare
- 85 Costa Rica 0.2784 compare
More financial sector data for Slovak Republic
- Net domestic credit (current LCU), per capita 20,005 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.7696 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.05 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 35.66 million SDR (2025)
- Gold reserves at market value 3.25 billion SDR (2025)
- Reserves excluding gold, foreign exchange 8.44 billion SDR (2025)
- Reserves excluding gold 10.01 billion SDR (2025)
- Total reserves (gold at market value) 13.26 billion SDR (2025)
- Total reserves (gold at national valuation) 13.22 billion SDR (2025)
- Domestic credit to private sector by banks 59.6% (2024)
Frequently asked questions
- What is financial development index in Slovak Republic?
- Financial development index in Slovak Republic was 0.2827 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Slovak Republic?
- The highest recorded value was 0.2906 in 2016.
- What is the lowest financial development index recorded in Slovak Republic?
- The lowest recorded value was 0 in 1980.
- How does Slovak Republic rank for financial development index?
- Slovak Republic ranks 82nd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Slovak Republic?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is volatile.
- Where does this Slovak Republic 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
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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.