Financial Development Index in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Financial Development Index was 0.2643 in 2020. ▲ Rising
Financial Development Index in Venezuela, República Bolivariana de, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Venezuela, República Bolivariana de is 0.2643, measured in 2020. That is the highest value across all 41 years on record.
The figure is up 12.9% on the previous year and up 27.2% over ten years.
Over the whole period, financial development index in Venezuela, República Bolivariana de peaked at 0.2643 in 2020 and was at its lowest, 0.1267, in 1984.
That places Venezuela, República Bolivariana de 89th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1557 | 0.1267 | 0.2141 | 10 |
| 1990s | 0.1842 | 0.1458 | 0.2021 | 10 |
| 2000s | 0.1763 | 0.1561 | 0.1951 | 10 |
| 2010s | 0.2371 | 0.2077 | 0.262 | 10 |
| 2020s | 0.2643 | 0.2643 | 0.2643 | 1 |
Countries ranked near Venezuela, República Bolivariana de
- 86 Uzbekistan, Republic of 0.2782 compare
- 87 Antigua and Barbuda 0.2776 compare
- 88 Romania 0.2681 compare
- 90 Sri Lanka 0.2634 compare
- 91 Bosnia and Herzegovina 0.2576 compare
- 92 Cabo Verde 0.2574 compare
More financial sector data for Venezuela, República Bolivariana de
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Domestic credit to private sector by banks 23.9% (2015)
Frequently asked questions
- What is financial development index in Venezuela, República Bolivariana de?
- Financial development index in Venezuela, República Bolivariana de was 0.2643 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 0.2643 in 2020.
- What is the lowest financial development index recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 0.1267 in 1984.
- How does Venezuela, República Bolivariana de rank for financial development index?
- Venezuela, República Bolivariana de ranks 89th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
- Where does this Venezuela, República Bolivariana de 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.