Financial Development Index in Syria

Syria: Financial Development Index was 0.1111 in 2020. ▲ Rising

Latest (2020)
0.1111
Change on year
up 13.7%
World rank
154th
of 183 countries
All-time high
0.1194
in 2015
All-time low
0.0668
in 2005
Years of data
41
1980–2020

Financial Development Index in Syria, 1980–2020

00.0250.050.0750.10.1251980200020201980: 0.0871981: 0.0851982: 0.0881983: 0.0921984: 0.0931985: 0.0921986: 0.0911987: 0.0891988: 0.0881989: 0.0911990: 0.091991: 0.0951992: 0.0981993: 0.0951994: 0.0931995: 0.0931996: 0.0931997: 0.1011998: 0.0911999: 0.1092000: 0.1072001: 0.0932002: 0.0932003: 0.0952004: 0.0962005: 0.0672006: 0.0892007: 0.112008: 0.092009: 0.1082010: 0.1012011: 0.0992012: 0.0892013: 0.0992014: 0.1142015: 0.1192016: 0.1172017: 0.0952018: 0.0942019: 0.0982020: 0.111

Source: International Monetary Fund.

Analysis

Syria recorded 0.1111 for financial development index in 2020.

The figure is up 13.7% on the previous year and up 10.5% over ten years.

Over the whole period, financial development index in Syria peaked at 0.1194 in 2015 and was at its lowest, 0.0668, in 2005.

That places Syria 154th out of 183 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 41 years of available data.

Financial Development Index in Syria, year by year

Annual values for Financial Development Index in Syria, 1980 to 2020.
Year Value Change
1980 0.0868 —
1981 0.0855 -1.5%
1982 0.0885 +3.5%
1983 0.0919 +3.9%
1984 0.0932 +1.4%
1985 0.092 -1.2%
1986 0.0907 -1.5%
1987 0.0893 -1.5%
1988 0.0879 -1.6%
1989 0.0906 +3.1%
1990 0.0901 -0.6%
1991 0.0954 +5.9%
1992 0.0978 +2.5%
1993 0.0954 -2.5%
1994 0.0934 -2.1%
1995 0.0932 -0.2%
1996 0.0929 -0.3%
1997 0.1012 +9.0%
1998 0.0911 -10.0%
1999 0.109 +19.6%
2000 0.107 -1.8%
2001 0.0935 -12.6%
2002 0.0934 -0.1%
2003 0.0952 +2.0%
2004 0.0962 +1.0%
2005 0.0668 -30.5%
2006 0.0887 +32.7%
2007 0.1097 +23.6%
2008 0.0898 -18.2%
2009 0.1082 +20.5%
2010 0.1005 -7.1%
2011 0.0995 -1.1%
2012 0.0886 -10.9%
2013 0.0991 +11.9%
2014 0.1144 +15.4%
2015 0.1194 +4.3%
2016 0.117 -2.0%
2017 0.0953 -18.5%
2018 0.0936 -1.8%
2019 0.0977 +4.4%
2020 0.1111 +13.7%

Syria compared with similar countries

  • Syria's 0.1111 is above the median for low income countries, which is 0.0993, 1.1× the median. (22 countries reporting)
  • Syria's 0.1111 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.3517, 32% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Financial Development Index in Syria 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.

YearChange FromTo
2006 +32.7% 0.0668 0.0887

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0896 0.0855 0.0932 10
1990s 0.0959 0.0901 0.109 10
2000s 0.0948 0.0668 0.1097 10
2010s 0.1025 0.0886 0.1194 10
2020s 0.1111 0.1111 0.1111 1

Countries ranked near Syria

  1. 151 Myanmar 0.1192 compare
  2. 152 Yemen 0.1177 compare
  3. 153 Senegal 0.1128 compare
  4. 155 Ethiopia 0.1092 compare
  5. 156 Sao Tome and Principe 0.1084 compare
  6. 157 Congo 0.1067 compare

See the full ranking of 192 places →

More financial sector data for Syria

All data for Syria →

Frequently asked questions

What is financial development index in Syria?
Financial development index in Syria was 0.1111 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Syria?
The highest recorded value was 0.1194 in 2015.
What is the lowest financial development index recorded in Syria?
The lowest recorded value was 0.0668 in 2005.
How does Syria rank for financial development index?
Syria ranks 154th out of 183 countries with data for 2020.
Is financial development index rising or falling in Syria?
Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
Where does this Syria 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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Financial Development Index in Syria. Statizoid, drawing on International Monetary Fund. Retrieved 07 October 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/syrian-arab-republic/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.