Financial Institutions Access Index in Myanmar
Myanmar: Financial Institutions Access Index was 0.0937 in 2020. β Volatile
Financial Institutions Access Index in Myanmar, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Myanmar stood at 0.0937. That is the highest value across all 41 years on record.
The figure is up 432.6% over ten years.
Over the whole period, financial institutions access index in Myanmar peaked at 0.0937 in 2019 and was at its lowest, 0.0115, in 1989.
That places Myanmar 146th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0207 | 0.0115 | 0.026 | 10 |
| 1990s | 0.0276 | 0.0208 | 0.0341 | 10 |
| 2000s | 0.0191 | 0.0163 | 0.0216 | 10 |
| 2010s | 0.0483 | 0.0176 | 0.0937 | 10 |
| 2020s | 0.0937 | 0.0937 | 0.0937 | 1 |
Countries ranked near Myanmar
- 143 Ecuador 0.1098 compare
- 144 Lesotho, Kingdom of 0.1045 compare
- 145 Algeria 0.0989 compare
- 147 Togo 0.0913 compare
- 148 Mozambique, Republic of 0.0886 compare
- 149 Congo, Republic of 0.0878 compare
More financial sector data for Myanmar
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Domestic credit to private sector by banks 29.0% (2020)
- Total reserves in months of imports 3.29 (2019)
- Net domestic credit 60.94 trillion current LCU (2020)
- Net foreign assets 12.75 trillion current LCU (2020)
- Monetary Sector credit to private sector 29.0% (2020)
- Broad money 69.2% (2020)
- Claims on central government, etc. 26.1% (2020)
Frequently asked questions
- What is financial institutions access index in Myanmar?
- Financial institutions access index in Myanmar was 0.0937 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Myanmar?
- The highest recorded value was 0.0937 in 2019.
- What is the lowest financial institutions access index recorded in Myanmar?
- The lowest recorded value was 0.0115 in 1989.
- How does Myanmar rank for financial institutions access index?
- Myanmar ranks 146th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Myanmar?
- Over the last ten years it is up 432.6%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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.