Financial Development Index in Turkmenistan

Turkmenistan: Financial Development Index was 0.1033 in 2020. β—† Volatile

Latest (2020)
0.1033
Change on year
up 0.9%
World rank
158th
of 183 countries
All-time high
0.1216
in 2001
All-time low
0
in 1980
Years of data
41
1980–2020

Financial Development Index in Turkmenistan, 1980–2020

00.0250.050.0750.10.1251980200020201980: 01981: 01982: 01983: 01984: 01985: 01986: 01987: 01988: 01989: 01990: 01991: 01992: 01993: 01994: 01995: 01996: 01997: 01998: 0.1131999: 0.1072000: 0.0992001: 0.1222002: 0.0952003: 0.12004: 0.0872005: 0.0952006: 0.0852007: 0.0892008: 0.1072009: 0.0882010: 0.0922011: 0.0922012: 0.0942013: 0.0972014: 0.0982015: 0.0982016: 0.1032017: 0.1022018: 0.1022019: 0.1022020: 0.103

Source: International Monetary Fund.

Analysis

The most recent figure for financial development index in Turkmenistan is 0.1033, measured in 2020.

The figure is up 0.9% on the previous year and up 11.9% over ten years.

Over the whole period, financial development index in Turkmenistan peaked at 0.1216 in 2001 and was at its lowest, 0, in 1980.

That places Turkmenistan 158th out of 183 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 0 0 10
1990s 0.022 0 0.1128 10
2000s 0.0967 0.0854 0.1216 10
2010s 0.0982 0.0923 0.1034 10
2020s 0.1033 0.1033 0.1033 1

Countries ranked near Turkmenistan

  1. 155 Ethiopia 0.1092 compare
  2. 156 Sao Tome and Principe 0.1084 compare
  3. 157 Congo 0.1067 compare
  4. 159 Timor-Leste 0.1019 compare
  5. 160 Uganda 0.1019 compare
  6. 161 Niger 0.0994 compare

See the full ranking of 192 places β†’

More financial sector data for Turkmenistan

All data for Turkmenistan β†’

Frequently asked questions

What is financial development index in Turkmenistan?
Financial development index in Turkmenistan was 0.1033 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Turkmenistan?
The highest recorded value was 0.1216 in 2001.
What is the lowest financial development index recorded in Turkmenistan?
The lowest recorded value was 0 in 1980.
How does Turkmenistan rank for financial development index?
Turkmenistan ranks 158th out of 183 countries with data for 2020.
Is financial development index rising or falling in Turkmenistan?
Over the last ten years it is up 11.9%. The long-run trend across the full record is volatile.
Where does this Turkmenistan 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 Turkmenistan. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/turkmenistan/

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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.