Financial Development Index in Slovakia
Slovakia: Financial Development Index was 0.2827 in 2020. ◆ Volatile
Financial Development Index in Slovakia, 1980–2020
Source: International Monetary Fund.
Analysis
Slovakia 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 Slovakia peaked at 0.2906 in 2016 and was at its lowest, 0, in 1980.
Slovakia 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.
Financial Development Index in Slovakia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0.2035 | — |
| 1992 | 0.2001 | -1.7% |
| 1993 | 0.1871 | -6.5% |
| 1994 | 0.1661 | -11.2% |
| 1995 | 0.1613 | -2.9% |
| 1996 | 0.1884 | +16.8% |
| 1997 | 0.197 | +4.5% |
| 1998 | 0.2258 | +14.6% |
| 1999 | 0.2155 | -4.6% |
| 2000 | 0.2148 | -0.3% |
| 2001 | 0.1982 | -7.7% |
| 2002 | 0.2238 | +12.9% |
| 2003 | 0.2284 | +2.0% |
| 2004 | 0.2352 | +3.0% |
| 2005 | 0.232 | -1.4% |
| 2006 | 0.2433 | +4.9% |
| 2007 | 0.2582 | +6.1% |
| 2008 | 0.2543 | -1.5% |
| 2009 | 0.2627 | +3.3% |
| 2010 | 0.2759 | +5.0% |
| 2011 | 0.2755 | -0.2% |
| 2012 | 0.272 | -1.3% |
| 2013 | 0.2855 | +5.0% |
| 2014 | 0.2838 | -0.6% |
| 2015 | 0.286 | +0.8% |
| 2016 | 0.2906 | +1.6% |
| 2017 | 0.2887 | -0.6% |
| 2018 | 0.2845 | -1.5% |
| 2019 | 0.2837 | -0.3% |
| 2020 | 0.2827 | -0.3% |
Slovakia compared with similar countries
- Slovakia's 0.2827 is below the median for high income countries, which is 0.4828, 59% of the median. (62 countries reporting)
- Slovakia's 0.2827 is below the median for Europe & Central Asia, which is 0.4521, 63% of the median. (47 countries reporting)
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 Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Slovakia?
- Financial development index in Slovakia was 0.2827 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Slovakia?
- The highest recorded value was 0.2906 in 2016.
- What is the lowest financial development index recorded in Slovakia?
- The lowest recorded value was 0 in 1980.
- How does Slovakia rank for financial development index?
- Slovakia ranks 82nd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Slovakia?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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.
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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.