Financial Development Index in Zambia

Zambia: Financial Development Index was 0.1946 in 2020. β–² Rising

Latest (2020)
0.1946
Change on year
down 0.8%
World rank
115th
of 183 countries
All-time high
0.2177
in 1980
All-time low
0.137
in 1993
Years of data
41
1980–2020

Financial Development Index in Zambia, 1980–2020

00.050.10.150.21980200020201980: 0.2181981: 0.1981982: 0.1941983: 0.1571984: 0.151985: 0.1541986: 0.1471987: 0.1631988: 0.1761989: 0.1761990: 0.1531991: 0.1421992: 0.1471993: 0.1371994: 0.1391995: 0.1371996: 0.1651997: 0.1691998: 0.1471999: 0.1412000: 0.1442001: 0.1392002: 0.1752003: 0.1492004: 0.1592005: 0.1572006: 0.1672007: 0.1772008: 0.1772009: 0.1652010: 0.1742011: 0.192012: 0.1932013: 0.1962014: 0.1812015: 0.1962016: 0.1882017: 0.1972018: 0.1962019: 0.1962020: 0.195

Source: International Monetary Fund.

Analysis

In 2020, financial development index in Zambia stood at 0.1946.

That represents a change of down 0.8% on the previous year and up 12.1% over ten years.

Over the whole period, financial development index in Zambia peaked at 0.2177 in 1980 and was at its lowest, 0.137, in 1993.

Zambia ranks 115th of 183 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.1733 0.1474 0.2177 10
1990s 0.1478 0.137 0.1693 10
2000s 0.1611 0.1393 0.1774 10
2010s 0.1906 0.1736 0.1966 10
2020s 0.1946 0.1946 0.1946 1

Countries ranked near Zambia

  1. 112 Latvia 0.2092 compare
  2. 113 Lithuania 0.2052 compare
  3. 114 St. Vincent and the Grenadines 0.2024 compare
  4. 116 Albania 0.1943 compare
  5. 117 Ukraine 0.1942 compare
  6. 118 Maldives 0.1912 compare

See the full ranking of 192 places β†’

More financial sector data for Zambia

All data for Zambia β†’

Frequently asked questions

What is financial development index in Zambia?
Financial development index in Zambia was 0.1946 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Zambia?
The highest recorded value was 0.2177 in 1980.
What is the lowest financial development index recorded in Zambia?
The lowest recorded value was 0.137 in 1993.
How does Zambia rank for financial development index?
Zambia ranks 115th out of 183 countries with data for 2020.
Is financial development index rising or falling in Zambia?
Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
Where does this Zambia 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 Zambia. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/zambia/

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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.