Financial Institutions Access Index in Saudi Arabia
Saudi Arabia: Financial Institutions Access Index was 0.3841 in 2020. ▲ Rising
Financial Institutions Access Index in Saudi Arabia, 1980–2020
Source: International Monetary Fund.
Analysis
Saudi Arabia recorded 0.3841 for financial institutions access index in 2020.
That represents a change of down 8.0% on the previous year and up 11.4% over ten years.
Over the whole period, financial institutions access index in Saudi Arabia peaked at 0.4248 in 2016 and was at its lowest, 0.0879, in 1980.
That places Saudi Arabia 79th 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.
Financial Institutions Access Index in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0879 | — |
| 1981 | 0.0896 | +2.0% |
| 1982 | 0.1233 | +37.6% |
| 1983 | 0.1694 | +37.4% |
| 1984 | 0.1905 | +12.5% |
| 1985 | 0.2179 | +14.4% |
| 1986 | 0.2512 | +15.3% |
| 1987 | 0.2501 | -0.5% |
| 1988 | 0.2682 | +7.3% |
| 1989 | 0.2751 | +2.6% |
| 1990 | 0.2466 | -10.4% |
| 1991 | 0.2449 | -0.7% |
| 1992 | 0.2343 | -4.3% |
| 1993 | 0.2565 | +9.5% |
| 1994 | 0.2803 | +9.3% |
| 1995 | 0.2686 | -4.2% |
| 1996 | 0.2558 | -4.8% |
| 1997 | 0.252 | -1.5% |
| 1998 | 0.2482 | -1.5% |
| 1999 | 0.2303 | -7.2% |
| 2000 | 0.2245 | -2.5% |
| 2001 | 0.2491 | +10.9% |
| 2002 | 0.2589 | +3.9% |
| 2003 | 0.2284 | -11.8% |
| 2004 | 0.2122 | -7.1% |
| 2005 | 0.2179 | +2.7% |
| 2006 | 0.254 | +16.5% |
| 2007 | 0.286 | +12.6% |
| 2008 | 0.3121 | +9.1% |
| 2009 | 0.3319 | +6.4% |
| 2010 | 0.3449 | +3.9% |
| 2011 | 0.3525 | +2.2% |
| 2012 | 0.3603 | +2.2% |
| 2013 | 0.3733 | +3.6% |
| 2014 | 0.3986 | +6.8% |
| 2015 | 0.4213 | +5.7% |
| 2016 | 0.4248 | +0.8% |
| 2017 | 0.4248 | -0.0% |
| 2018 | 0.4223 | -0.6% |
| 2019 | 0.4175 | -1.1% |
| 2020 | 0.3841 | -8.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.3841 is below the median for high income countries, which is 0.5313, 72% of the median. (62 countries reporting)
- Saudi Arabia's 0.3841 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.3332, 1.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1923 | 0.0879 | 0.2751 | 10 |
| 1990s | 0.2518 | 0.2303 | 0.2803 | 10 |
| 2000s | 0.2575 | 0.2122 | 0.3319 | 10 |
| 2010s | 0.394 | 0.3449 | 0.4248 | 10 |
| 2020s | 0.3841 | 0.3841 | 0.3841 | 1 |
Countries ranked near Saudi Arabia
- 76 Denmark 0.3993 compare
- 77 Tajikistan 0.3964 compare
- 78 Lebanon 0.3917 compare
- 80 Estonia 0.376 compare
- 81 South Africa 0.364 compare
- 82 Saint Lucia 0.3636 compare
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is financial institutions access index in Saudi Arabia?
- Financial institutions access index in Saudi Arabia was 0.3841 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Saudi Arabia?
- The highest recorded value was 0.4248 in 2016.
- What is the lowest financial institutions access index recorded in Saudi Arabia?
- The lowest recorded value was 0.0879 in 1980.
- How does Saudi Arabia rank for financial institutions access index?
- Saudi Arabia ranks 79th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Saudi Arabia?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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
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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.