Financial Institutions Depth Index in Low-Income and Developing Countries

Low-Income and Developing Countries: Financial Institutions Depth Index was 0.0988 in 2020. β–² Rising

Latest (2020)
0.0988
Change on year
up 6.5%
Rank
9th
of 9 groups
All-time high
0.0988
in 2020
All-time low
0.0405
in 1980
Years of data
41
1980–2020

Financial Institutions Depth Index in Low-Income and Developing Countries, 1980–2020

00.020.040.060.080.11980200020201980: 0.0411981: 0.0451982: 0.0461983: 0.0441984: 0.0451985: 0.0461986: 0.0471987: 0.0481988: 0.0481989: 0.0511990: 0.0511991: 0.051992: 0.051993: 0.0521994: 0.0521995: 0.0541996: 0.0551997: 0.0581998: 0.061999: 0.062000: 0.0622001: 0.0642002: 0.0672003: 0.0682004: 0.072005: 0.0742006: 0.0782007: 0.0822008: 0.0822009: 0.0812010: 0.0812011: 0.0822012: 0.0842013: 0.0862014: 0.0862015: 0.0882016: 0.0882017: 0.0882018: 0.092019: 0.0932020: 0.099

Source: International Monetary Fund.

Analysis

In 2020, financial institutions depth index in Low-Income and Developing Countries stood at 0.0988. That is the highest value across all 41 years on record.

Compared with earlier readings it is up 6.5% on the previous year and up 22.3% over ten years.

Over the whole period, financial institutions depth index in Low-Income and Developing Countries peaked at 0.0988 in 2020 and was at its lowest, 0.0405, in 1980.

The long-run direction has been consistently rising across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0461 0.0405 0.051 10
1990s 0.0543 0.05 0.0604 10
2000s 0.0729 0.0624 0.082 10
2010s 0.0866 0.0808 0.0928 10
2020s 0.0988 0.0988 0.0988 1

Countries ranked near Low-Income and Developing Countries

  1. 6 Canada 0.9534 compare
  2. 7 Denmark 0.9425 compare
  3. 8 Japan 0.8922 compare
  4. 9 Korea 0.8892 compare
  5. 10 South Africa 0.8781 compare
  6. 11 Namibia 0.8615 compare
  7. 12 Australia 0.8572 compare

See the full ranking of 192 places β†’

More financial sector data for Low-Income and Developing Countries

All data for Low-Income and Developing Countries β†’

Frequently asked questions

What is financial institutions depth index in Low-Income and Developing Countries?
Financial institutions depth index in Low-Income and Developing Countries was 0.0988 in 2020, according to International Monetary Fund.
What is the highest financial institutions depth index recorded in Low-Income and Developing Countries?
The highest recorded value was 0.0988 in 2020.
What is the lowest financial institutions depth index recorded in Low-Income and Developing Countries?
The lowest recorded value was 0.0405 in 1980.
How does Low-Income and Developing Countries rank for financial institutions depth index?
Low-Income and Developing Countries ranks 9th out of 9 groups with data for 2020.
Is financial institutions depth index rising or falling in Low-Income and Developing Countries?
Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
Where does this Low-Income and Developing Countries data come from?
The figures come from International Monetary Fund, published as part of Financial Institutions Depth Index. Statizoid updates them automatically from the source API.

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Financial Institutions Depth Index in Low-Income and Developing Countries. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-depth-index/low-income-and-developing-countries/

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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.