Financial Development Index in United Kingdom
United Kingdom: Financial Development Index was 0.8908 in 2020. ▲ Rising
Financial Development Index in United Kingdom, 1980–2020
Source: International Monetary Fund.
Analysis
United Kingdom recorded 0.8908 for financial development index in 2020.
Compared with earlier readings it is down 1.7% on the previous year and down 0.6% over ten years.
Over the whole period, financial development index in United Kingdom peaked at 0.9471 in 2007 and was at its lowest, 0.3818, in 1981.
United Kingdom ranks 5th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.4909 | — |
| 1981 | 0.3818 | -22.2% |
| 1982 | 0.3986 | +4.4% |
| 1983 | 0.4253 | +6.7% |
| 1984 | 0.4762 | +12.0% |
| 1985 | 0.5155 | +8.2% |
| 1986 | 0.5294 | +2.7% |
| 1987 | 0.6414 | +21.2% |
| 1988 | 0.5669 | -11.6% |
| 1989 | 0.602 | +6.2% |
| 1990 | 0.588 | -2.3% |
| 1991 | 0.595 | +1.2% |
| 1992 | 0.5874 | -1.3% |
| 1993 | 0.6568 | +11.8% |
| 1994 | 0.7034 | +7.1% |
| 1995 | 0.6854 | -2.6% |
| 1996 | 0.7077 | +3.3% |
| 1997 | 0.7559 | +6.8% |
| 1998 | 0.7824 | +3.5% |
| 1999 | 0.8095 | +3.5% |
| 2000 | 0.8736 | +7.9% |
| 2001 | 0.8967 | +2.6% |
| 2002 | 0.8366 | -6.7% |
| 2003 | 0.8599 | +2.8% |
| 2004 | 0.8728 | +1.5% |
| 2005 | 0.8824 | +1.1% |
| 2006 | 0.9244 | +4.8% |
| 2007 | 0.9471 | +2.4% |
| 2008 | 0.8715 | -8.0% |
| 2009 | 0.8997 | +3.2% |
| 2010 | 0.896 | -0.4% |
| 2011 | 0.9026 | +0.7% |
| 2012 | 0.8955 | -0.8% |
| 2013 | 0.8494 | -5.1% |
| 2014 | 0.8968 | +5.6% |
| 2015 | 0.8891 | -0.9% |
| 2016 | 0.8812 | -0.9% |
| 2017 | 0.9096 | +3.2% |
| 2018 | 0.9082 | -0.2% |
| 2019 | 0.9066 | -0.2% |
| 2020 | 0.8908 | -1.7% |
United Kingdom compared with similar countries
- United Kingdom's 0.8908 is above the median for high income countries, which is 0.4828, 1.8× the median. (62 countries reporting)
- United Kingdom's 0.8908 is above the median for Europe & Central Asia, which is 0.4521, 2.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5028 | 0.3818 | 0.6414 | 10 |
| 1990s | 0.6871 | 0.5874 | 0.8095 | 10 |
| 2000s | 0.8865 | 0.8366 | 0.9471 | 10 |
| 2010s | 0.8935 | 0.8494 | 0.9096 | 10 |
| 2020s | 0.8908 | 0.8908 | 0.8908 | 1 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is financial development index in United Kingdom?
- Financial development index in United Kingdom was 0.8908 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in United Kingdom?
- The highest recorded value was 0.9471 in 2007.
- What is the lowest financial development index recorded in United Kingdom?
- The lowest recorded value was 0.3818 in 1981.
- How does United Kingdom rank for financial development index?
- United Kingdom ranks 5th out of 183 countries with data for 2020.
- Is financial development index rising or falling in United Kingdom?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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.