Financial Institutions Access Index in Venezuela
Venezuela: Financial Institutions Access Index was 0.4012 in 2020. ▲ Rising
Financial Institutions Access Index in Venezuela, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Venezuela stood at 0.4012. That is the highest value across all 41 years on record.
That represents a change of up 8.7% over ten years.
Over the whole period, financial institutions access index in Venezuela peaked at 0.4012 in 2015 and was at its lowest, 0.1746, in 1984.
That places Venezuela 73rd 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 Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.193 | — |
| 1981 | 0.1877 | -2.7% |
| 1982 | 0.2068 | +10.2% |
| 1983 | 0.2169 | +4.9% |
| 1984 | 0.1746 | -19.5% |
| 1985 | 0.1757 | +0.6% |
| 1986 | 0.2166 | +23.3% |
| 1987 | 0.2045 | -5.6% |
| 1988 | 0.2639 | +29.1% |
| 1989 | 0.2717 | +2.9% |
| 1990 | 0.2172 | -20.0% |
| 1991 | 0.2374 | +9.3% |
| 1992 | 0.2304 | -2.9% |
| 1993 | 0.21 | -8.8% |
| 1994 | 0.1925 | -8.4% |
| 1995 | 0.1786 | -7.2% |
| 1996 | 0.1906 | +6.7% |
| 1997 | 0.2008 | +5.3% |
| 1998 | 0.1868 | -6.9% |
| 1999 | 0.1751 | -6.3% |
| 2000 | 0.1942 | +10.9% |
| 2001 | 0.218 | +12.3% |
| 2002 | 0.2219 | +1.8% |
| 2003 | 0.2175 | -2.0% |
| 2004 | 0.2455 | +12.9% |
| 2005 | 0.2787 | +13.5% |
| 2006 | 0.2964 | +6.4% |
| 2007 | 0.3139 | +5.9% |
| 2008 | 0.3203 | +2.0% |
| 2009 | 0.3338 | +4.2% |
| 2010 | 0.3692 | +10.6% |
| 2011 | 0.3786 | +2.6% |
| 2012 | 0.3821 | +0.9% |
| 2013 | 0.3897 | +2.0% |
| 2014 | 0.3918 | +0.5% |
| 2015 | 0.4012 | +2.4% |
| 2016 | 0.4012 | +0.0% |
| 2017 | 0.4012 | +0.0% |
| 2018 | 0.4012 | +0.0% |
| 2019 | 0.4012 | +0.0% |
| 2020 | 0.4012 | +0.0% |
Venezuela compared with similar countries
- Venezuela's 0.4012 is above the median for lower middle income countries, which is 0.1657, 2.4× the median. (45 countries reporting)
- Venezuela's 0.4012 is above the median for Latin America & Caribbean, which is 0.3636, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2111 | 0.1746 | 0.2717 | 10 |
| 1990s | 0.202 | 0.1751 | 0.2374 | 10 |
| 2000s | 0.264 | 0.1942 | 0.3338 | 10 |
| 2010s | 0.3918 | 0.3692 | 0.4012 | 10 |
| 2020s | 0.4012 | 0.4012 | 0.4012 | 1 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial institutions access index in Venezuela?
- Financial institutions access index in Venezuela was 0.4012 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Venezuela?
- The highest recorded value was 0.4012 in 2015.
- What is the lowest financial institutions access index recorded in Venezuela?
- The lowest recorded value was 0.1746 in 1984.
- How does Venezuela rank for financial institutions access index?
- Venezuela ranks 73rd out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Venezuela?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
- Where does this Venezuela 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 · JSON — 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.