Financial Institutions Access Index in Sri Lanka
Sri Lanka: Financial Institutions Access Index was 0.2864 in 2020. β² Rising
Financial Institutions Access Index in Sri Lanka, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Sri Lanka is 0.2864, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 20.3% over ten years.
Over the whole period, financial institutions access index in Sri Lanka peaked at 0.2864 in 2015 and was at its lowest, 0.0861, in 1991.
That places Sri Lanka 107th 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 | 0.1094 | 0.0908 | 0.1223 | 10 |
| 1990s | 0.1061 | 0.0861 | 0.1195 | 10 |
| 2000s | 0.1535 | 0.119 | 0.2233 | 10 |
| 2010s | 0.2768 | 0.2381 | 0.2864 | 10 |
| 2020s | 0.2864 | 0.2864 | 0.2864 | 1 |
Countries ranked near Sri Lanka
More financial sector data for Sri Lanka
- Net domestic credit (current LCU), per capita 536,545 current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 131.44 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 8.91 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 528,500 SDR (2024)
- Gold reserves at market value 30.21 million SDR (2024)
- Reserves excluding gold, foreign exchange 4.64 billion SDR (2024)
- Reserves excluding gold 4.64 billion SDR (2024)
- Total reserves (gold at market value) 4.67 billion SDR (2024)
- Total reserves (gold at national valuation) 4.67 billion SDR (2024)
- Domestic credit to private sector by banks 46.9% (2019)
Frequently asked questions
- What is financial institutions access index in Sri Lanka?
- Financial institutions access index in Sri Lanka was 0.2864 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Sri Lanka?
- The highest recorded value was 0.2864 in 2015.
- What is the lowest financial institutions access index recorded in Sri Lanka?
- The lowest recorded value was 0.0861 in 1991.
- How does Sri Lanka rank for financial institutions access index?
- Sri Lanka ranks 107th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Sri Lanka?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is rising.
- Where does this Sri Lanka 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.