Financial Institutions Access Index in Low-Income and Developing Countries
Low-Income and Developing Countries: Financial Institutions Access Index was 0.1732 in 2020. β² Rising
Financial Institutions Access Index in Low-Income and Developing Countries, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Low-Income and Developing Countries stood at 0.1732. That is the highest value across all 41 years on record.
That represents a change of up 1.1% on the previous year and up 31.8% over ten years.
Over the whole period, financial institutions access index in Low-Income and Developing Countries peaked at 0.1732 in 2020 and was at its lowest, 0.0453, in 1980.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0504 | 0.0453 | 0.058 | 10 |
| 1990s | 0.0702 | 0.057 | 0.0815 | 10 |
| 2000s | 0.0955 | 0.0804 | 0.1249 | 10 |
| 2010s | 0.1555 | 0.1314 | 0.1713 | 10 |
| 2020s | 0.1732 | 0.1732 | 0.1732 | 1 |
Countries ranked near Low-Income and Developing Countries
- 5 Seychelles 0.8962 compare
- 6 Japan 0.8824 compare
- 7 St. Kitts and Nevis 0.8814 compare
- 8 Portugal 0.8703 compare
- 9 United States 0.8347 compare
- 10 Switzerland 0.8345 compare
- 11 Italy 0.8251 compare
More financial sector data for Low-Income and Developing Countries
- Financial Institutions Depth Index 0.0988 (2020)
- Financial Institutions Efficiency Index 0.5227 (2020)
- Financial Development Index 0.1425 (2020)
- Financial Institutions Index 0.2519 (2020)
- Financial Markets Access Index 0.0249 (2020)
- Financial Markets Depth Index 0.0493 (2020)
- Financial Markets Efficiency Index 0.0041 (2020)
- Financial Markets Index 0.0279 (2020)
Frequently asked questions
- What is financial institutions access index in Low-Income and Developing Countries?
- Financial institutions access index in Low-Income and Developing Countries was 0.1732 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Low-Income and Developing Countries?
- The highest recorded value was 0.1732 in 2020.
- What is the lowest financial institutions access index recorded in Low-Income and Developing Countries?
- The lowest recorded value was 0.0453 in 1980.
- How does Low-Income and Developing Countries rank for financial institutions access index?
- Low-Income and Developing Countries ranks 8th out of 9 groups with data for 2020.
- Is financial institutions access index rising or falling in Low-Income and Developing Countries?
- Over the last ten years it is up 31.8%. The long-run trend across the full record is rising.
- Where does this Low-Income and Developing Countries data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.