Statizoid

Financial Institutions Depth Index by country

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...

Countries reporting
179
Highest
1
United Kingdom
Lowest
0.0039
South Sudan
Median
0.1952
Years covered
41
1980–2020
Data points
7,872

What the numbers show

Financial Institutions Depth Index is currently reported for 179 countries. The highest value is 1 in United Kingdom; the lowest is 0.0039 in South Sudan.

The median across all reporting countries is 0.1952, and the mean is 0.2921.

The gap between the highest and lowest reporting country is a factor of about 257.

Over the past decade 139 countries rose and 39 fell. The largest increase was in Myanmar (up 519.0%), and the largest decrease in Ukraine (down 62.4%).

Financial Institutions Depth Index: full country ranking

#Country LatestYear 10-year changeTrend
1 United Kingdom 1 2020 up 4.9% rising
1 Hong Kong (China) 1 2020 up 7.9% rising
1 Sweden 1 2020 up 0.8% rising
4 Switzerland 0.9747 2020 down 2.0% rising
5 Singapore 0.9618 2020 up 35.0% rising
6 Canada 0.9534 2020 up 3.9% rising
7 Denmark 0.9425 2020 up 3.3% rising
8 Japan 0.8922 2020 up 32.9% rising
9 Republic of Korea 0.8892 2020 up 23.6% rising
10 South Africa 0.8781 2020 up 2.8% rising
11 Namibia 0.8615 2020 up 10.7% volatile
12 Australia 0.8572 2020 down 7.2% rising
13 United States 0.8272 2020 up 0.0% rising
14 Malaysia 0.8259 2020 up 8.4% rising
15 France 0.8162 2020 up 8.2% rising
16 Finland 0.8028 2020 up 8.1% rising
17 Netherlands 0.7932 2020 down 12.1% falling
18 Belgium 0.789 2020 up 20.9% rising
19 New Zealand 0.77 2020 up 58.5% rising
20 Norway 0.7505 2020 up 41.8% rising
21 Luxembourg 0.7481 2020 up 18.3% rising
22 Iceland 0.7161 2020 up 7.0% rising
23 Jamaica 0.7113 2020 up 136.1% rising
24 Chile 0.707 2020 up 18.9% rising
25 Malta 0.7026 2020 up 28.2% volatile
26 Barbados 0.6779 2020 up 4.5% rising
27 Ireland 0.6729 2020 down 31.0% rising
28 Trinidad and Tobago 0.6694 2020 up 65.1% rising
29 Germany 0.6599 2020 down 0.8% rising
30 Israel 0.6426 2020 up 11.1% rising
31 Thailand 0.6387 2020 up 42.1% rising
32 Austria 0.6158 2020 down 6.4% rising
33 Macau, China 0.5946 2020 up 237.0% volatile
34 Spain 0.5903 2020 up 7.5% rising
35 Italy 0.5515 2020 up 1.5% rising
36 Brazil 0.5143 2020 down 0.1% rising
37 China 0.5 2020 up 22.3% rising
38 Cyprus 0.4597 2020 up 6.0% rising
39 Portugal 0.4535 2020 down 26.0% rising
40 Bolivia (Plurinational State of) 0.4507 2020 up 76.3% volatile
41 El Salvador 0.4239 2020 up 38.3% volatile
42 Colombia 0.4088 2020 up 59.1% rising
43 Botswana 0.3981 2020 up 3.4% rising
44 Croatia 0.3967 2020 up 29.3% volatile
45 Mauritius 0.3893 2020 down 1.4% rising
46 Costa Rica 0.3766 2020 up 79.5% rising
47 India 0.3761 2020 up 11.5% rising
48 Jordan 0.3619 2020 up 4.1% rising
49 Aruba 0.3392 2020 up 34.1% rising
50 Viet Nam 0.3325 2020 up 23.3% volatile
51 Slovak Republic 0.3289 2020 up 34.5% volatile
52 Saint Lucia 0.328 2020 down 5.8% rising
53 Antigua and Barbuda 0.3218 2020 down 15.3% rising
54 Estonia 0.3151 2020 up 0.2% volatile
55 Peru 0.3126 2020 up 38.1% volatile
56 Slovenia 0.3102 2020 down 19.9% volatile
57 Uruguay 0.3026 2020 up 63.3% rising
58 Bahrain 0.3011 2020 down 28.2% rising
59 Mexico 0.2977 2020 up 48.8% rising
60 Bahamas 0.2917 2020 down 22.8% rising
61 Czechia 0.2879 2020 up 4.3% volatile
62 Belize 0.2866 2020 up 11.3% rising
63 Hungary 0.2816 2020 down 25.9% rising
64 Morocco 0.2802 2020 up 27.4% rising
65 Nepal 0.2779 2020 up 86.5% volatile
66 Saint Vincent and the Grenadines 0.277 2020 up 26.8% rising
67 Lesotho 0.2766 2020 up 18.5% rising
68 Dominica 0.2756 2020 up 2.8% rising
69 Grenada 0.2754 2020 down 22.5% rising
70 Panama 0.2737 2020 up 11.3% rising
71 Greece 0.2666 2020 down 16.9% rising
72 Fiji 0.2647 2020 up 7.6% rising
73 Bulgaria 0.2567 2020 up 8.2% volatile
74 Lebanon 0.2564 2020 up 17.6% rising
75 Poland 0.2518 2020 down 21.3% rising
76 Cambodia 0.2517 2020 up 339.6% volatile
77 Honduras 0.2464 2020 up 63.4% rising
78 Liberia 0.2401 2020 unchanged rising
78 Qatar 0.2401 2020 up 183.5% volatile
80 United Arab Emirates 0.2219 2020 up 9.6% rising
81 North Macedonia 0.2196 2020 up 46.5% volatile
82 Türkiye 0.2184 2020 up 58.7% rising
83 Latvia 0.2126 2020 down 22.6% volatile
84 Suriname 0.2103 2020 up 45.5% rising
85 Tunisia 0.2096 2020 up 29.1% rising
86 Argentina 0.2083 2020 up 36.6% rising
87 Iran (Islamic Republic of) 0.2061 2020 up 51.1% volatile
88 Russia 0.2048 2020 up 57.8% volatile
89 Lithuania 0.2005 2020 up 5.2% volatile
90 Philippines 0.1952 2020 up 61.7% rising
91 Bosnia and Herzegovina 0.1935 2020 up 3.0% volatile
92 Kenya 0.1909 2020 down 1.9% rising
93 Maldives 0.1903 2020 up 47.4% volatile
94 Cabo Verde 0.1884 2020 up 8.9% volatile
95 Oman 0.1858 2020 up 40.0% rising
96 Kuwait 0.1857 2020 up 16.9% rising
97 Georgia 0.1853 2020 up 133.2% volatile
98 Saudi Arabia 0.1763 2020 up 47.5% rising
99 Serbia 0.166 2020 up 9.5% volatile
100 Armenia 0.1653 2020 up 196.9% volatile
101 Ecuador 0.1615 2020 up 37.3% rising
102 Dominican Republic 0.1608 2020 up 50.5% rising
103 Seychelles 0.1604 2020 up 32.2% rising
104 Kazakhstan 0.1599 2020 up 10.8% volatile
105 Indonesia 0.1571 2020 up 31.7% rising
106 Sri Lanka 0.1506 2020 up 62.8% rising
107 Paraguay 0.1394 2020 up 86.8% rising
108 Papua New Guinea 0.1386 2020 up 2.1% falling
109 Romania 0.1345 2020 down 6.5% rising
110 Rwanda 0.1334 2020 up 92.1% rising
111 Albania 0.1323 2020 up 39.7% volatile
112 Malawi 0.1319 2020 up 39.1% rising
113 Bhutan 0.1319 2020 up 51.2% volatile
114 Togo 0.1251 2020 up 38.9% rising
115 Vanuatu 0.121 2020 down 0.8% rising
116 Eswatini 0.1202 2020 up 15.7% rising
117 Guatemala 0.1177 2020 up 45.9% rising
118 Brunei Darussalam 0.1115 2020 up 17.9% volatile
119 Nicaragua 0.1102 2020 up 20.0% rising
120 Saint Kitts and Nevis 0.1089 2020 down 6.9% rising
121 Bangladesh 0.107 2020 down 5.6% volatile
122 Mongolia 0.105 2020 up 38.6% volatile
123 Guyana 0.1041 2020 up 20.9% volatile
124 Mozambique 0.1038 2020 up 30.7% volatile
125 Uganda 0.1021 2020 up 82.7% volatile
126 Samoa 0.1014 2020 up 37.5% volatile
127 Burkina Faso 0.1006 2020 up 85.3% rising
128 Senegal 0.0972 2020 up 30.6% rising
129 Libya 0.0901 2020 up 169.9% falling
130 Algeria 0.0878 2020 up 59.9% rising
131 Uzbekistan 0.0874 2020 up 209.8% volatile
132 Côte d'Ivoire 0.0866 2020 up 15.4% falling
133 Egypt 0.0844 2020 down 15.8% rising
134 Belarus 0.0839 2020 down 20.4% volatile
135 Ghana 0.0823 2020 up 48.2% volatile
136 Djibouti 0.082 2020 down 12.7% falling
137 Zambia 0.0815 2020 up 13.6% rising
138 United Republic of Tanzania 0.0796 2020 up 13.4% falling
139 Pakistan 0.0772 2020 up 6.6% rising
140 Nigeria 0.0754 2020 up 33.6% rising
141 Ukraine 0.0741 2020 down 62.4% volatile
142 Tonga 0.0736 2020 down 2.8% rising
143 Azerbaijan 0.0725 2020 up 61.7% volatile
144 Myanmar 0.0716 2020 up 519.0% volatile
145 Republic of Moldova 0.068 2020 down 24.9% volatile
146 Mali 0.0657 2020 up 33.0% rising
147 Burundi 0.0653 2020 up 26.3% rising
148 Kyrgyzstan 0.064 2020 up 103.5% volatile
149 Cameroon 0.0607 2020 up 17.9% falling
150 Venezuela (Bolivarian Republic of) 0.0597 2020 down 46.8% flat
151 Gabon 0.0584 2020 up 11.0% falling
152 Madagascar 0.0559 2020 up 6.5% falling
153 Mauritania 0.0548 2020 up 66.2% rising
154 Lao People's Democratic Republic 0.0535 2020 up 7.7% volatile
155 Haiti 0.0523 2020 up 26.4% rising
156 Congo 0.0513 2020 up 85.6% rising
157 Benin 0.0508 2020 down 0.9% falling
158 Ethiopia 0.0482 2020 down 6.9% rising
159 Micronesia (Federated States of) 0.0455 2020 up 16.6% volatile
160 Syrian Arab Republic 0.0444 2020 down 29.1% rising
161 Eritrea 0.0434 2020 down 21.3% volatile
162 Niger 0.0403 2020 up 3.8% falling
163 Angola 0.0392 2020 down 41.7% volatile
164 Solomon Islands 0.0384 2020 up 19.0% rising
165 Gambia 0.0382 2020 down 14.4% rising
166 Timor-Leste 0.0373 2020 up 58.8% volatile
167 Sao Tome and Principe 0.0363 2020 down 48.3% volatile
168 Tajikistan 0.0356 2020 down 7.9% volatile
169 Sudan 0.0352 2020 up 0.2% rising
170 Sierra Leone 0.0338 2020 up 20.4% rising
171 Guinea-Bissau 0.0297 2020 up 183.0% volatile
172 Central African Republic 0.0295 2020 up 9.0% falling
173 Equatorial Guinea 0.0286 2020 up 130.0% volatile
174 Comoros 0.0274 2020 up 39.3% volatile
175 Democratic Republic of the Congo 0.0243 2020 up 43.5% volatile
176 Chad 0.0237 2020 up 77.3% volatile
177 Yemen 0.0219 2020 up 1.5% volatile
178 Guinea 0.0173 2020 up 113.6% volatile
179 South Sudan 0.0039 2020 up 397.5% volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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Financial Institutions Depth Index by country. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-depth-index/

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About this data

Indicator
Financial Institutions Depth Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.