Statizoid

Financial Institutions 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
183
Highest
0.9527
Japan
Lowest
0.0772
Central African Republic
Median
0.4082
Years covered
41
1980–2020
Data points
7,872

What the numbers show

Financial Institutions Index is currently reported for 183 countries. The highest value is 0.9527 in Japan; the lowest is 0.0772 in Central African Republic.

The median across all reporting countries is 0.4082, and the mean is 0.4261.

The gap between the highest and lowest reporting country is a factor of about 12.

Over the past decade 121 countries rose and 62 fell. The largest increase was in Tajikistan (up 115.3%), and the largest decrease in South Sudan (down 33.2%).

Financial Institutions Index: full country ranking

#Country LatestYear 10-year changeTrend
1 Japan 0.9527 2020 up 10.7% rising
2 Switzerland 0.9398 2020 down 2.8% rising
3 Canada 0.9121 2020 up 3.6% rising
4 United Kingdom 0.8999 2020 down 0.1% rising
5 Australia 0.8972 2020 down 6.4% rising
6 Luxembourg 0.8879 2020 up 5.1% rising
7 United States 0.884 2020 up 0.7% rising
8 South Korea 0.8546 2020 up 11.6% rising
9 Macao 0.8519 2020 up 31.4% rising
10 France 0.8332 2020 down 5.8% rising
11 Spain 0.8103 2020 down 1.9% rising
12 Hong Kong 0.7875 2020 up 5.3% rising
13 Belgium 0.7821 2020 down 6.4% rising
14 Israel 0.7471 2020 up 0.9% rising
15 New Zealand 0.7435 2020 up 4.7% rising
16 Sweden 0.7364 2020 down 7.5% rising
17 Singapore 0.7333 2020 up 12.8% rising
18 Namibia 0.7267 2020 up 12.8% volatile
19 Italy 0.7203 2020 down 8.5% rising
20 Thailand 0.7169 2020 up 23.2% rising
21 Denmark 0.7112 2020 down 17.1% rising
22 South Africa 0.7086 2020 down 2.1% rising
23 Portugal 0.7012 2020 down 16.8% rising
24 Malaysia 0.6893 2020 up 3.0% rising
25 Germany 0.6857 2020 down 5.0% flat
26 Croatia 0.6771 2020 up 1.6% volatile
27 Bulgaria 0.6707 2020 up 3.4% volatile
28 Iceland 0.6642 2020 down 6.8% rising
29 Austria 0.6535 2020 down 4.9% rising
30 Bolivia 0.6494 2020 up 68.6% rising
31 Malta 0.6411 2020 down 7.0% rising
32 Brazil 0.6405 2020 down 4.2% rising
33 Netherlands 0.6334 2020 down 19.0% falling
34 Chile 0.6299 2020 up 0.5% rising
35 Seychelles 0.6277 2020 up 20.3% rising
36 China 0.6182 2020 up 45.2% rising
37 Bahamas 0.6172 2020 down 4.3% rising
38 Ireland 0.601 2020 down 29.3% rising
39 Russia 0.6009 2020 up 22.1% volatile
40 Trinidad and Tobago 0.5907 2020 up 23.4% rising
41 Finland 0.5897 2020 down 6.1% rising
42 Saint Kitts and Nevis 0.5803 2020 up 2.7% rising
43 Norway 0.5777 2020 down 0.2% rising
44 Georgia 0.5667 2020 up 84.2% volatile
45 Aruba 0.5644 2020 up 34.2% rising
46 Uruguay 0.5644 2020 up 62.7% rising
47 Iran 0.5641 2020 up 34.0% rising
48 Barbados 0.5622 2020 down 5.9% rising
49 Cyprus 0.56 2020 down 18.7% rising
50 Slovenia 0.5485 2020 down 20.4% volatile
51 Jamaica 0.5485 2020 up 61.0% rising
52 Antigua and Barbuda 0.5452 2020 down 11.5% rising
53 Slovakia 0.5263 2020 up 10.4% volatile
54 Panama 0.5243 2020 up 10.4% rising
55 Peru 0.5211 2020 up 63.9% volatile
56 Hungary 0.5193 2020 up 2.5% rising
57 Costa Rica 0.5127 2020 up 28.3% rising
58 Czechia 0.5074 2020 up 3.1% volatile
59 Mongolia 0.5052 2020 up 9.8% volatile
60 Bosnia and Herzegovina 0.5035 2020 up 16.1% volatile
61 Cape Verde 0.5035 2020 up 8.1% rising
62 Poland 0.5017 2020 down 5.6% rising
63 Uzbekistan 0.4908 2020 up 42.7% volatile
64 North Macedonia 0.4893 2020 up 9.9% volatile
65 Mauritius 0.4882 2020 down 5.4% rising
66 Armenia 0.482 2020 up 51.2% volatile
67 Kuwait 0.4798 2020 up 15.2% rising
68 Turkey 0.4764 2020 up 19.0% rising
69 Mexico 0.4704 2020 up 18.9% rising
70 Colombia 0.4676 2020 up 29.0% rising
71 Estonia 0.465 2020 down 12.7% volatile
72 Botswana 0.4626 2020 up 1.8% rising
73 Lebanon 0.4618 2020 down 3.3% rising
74 Saint Lucia 0.4608 2020 down 4.5% rising
75 Grenada 0.456 2020 down 16.7% rising
76 Brunei 0.4558 2020 down 4.4% volatile
77 Romania 0.4541 2020 down 8.4% volatile
78 Jordan 0.4483 2020 up 0.7% rising
79 Tonga 0.4476 2020 up 51.1% rising
80 Qatar 0.4463 2020 up 14.7% flat
81 Greece 0.4461 2020 down 28.9% rising
82 El Salvador 0.4454 2020 up 36.8% rising
83 Serbia 0.4405 2020 up 8.5% volatile
84 Belize 0.4392 2020 down 7.0% falling
85 Morocco 0.4382 2020 up 11.2% rising
86 Samoa 0.4259 2020 up 23.7% rising
87 Moldova 0.4245 2020 down 3.0% volatile
88 Dominica 0.4218 2020 down 3.8% rising
89 Nepal 0.4198 2020 up 57.6% rising
90 India 0.4188 2020 up 15.0% rising
91 Fiji 0.4123 2020 up 11.7% rising
92 Suriname 0.4082 2020 up 14.8% rising
93 Oman 0.4072 2020 down 2.2% rising
94 Tunisia 0.405 2020 up 23.2% rising
95 Vietnam 0.403 2020 up 15.0% volatile
96 Indonesia 0.4023 2020 up 44.6% rising
97 Guatemala 0.4002 2020 down 2.4% flat
98 Saint Vincent and the Grenadines 0.3975 2020 up 4.6% rising
99 Bhutan 0.3974 2020 up 32.6% rising
100 Argentina 0.3899 2020 up 24.6% rising
101 Kazakhstan 0.3831 2020 up 25.7% volatile
102 Latvia 0.3754 2020 down 30.9% volatile
103 Vanuatu 0.3736 2020 up 7.5% rising
104 Albania 0.3734 2020 down 2.5% volatile
105 Maldives 0.3708 2020 up 28.2% rising
106 Cambodia 0.3705 2020 up 99.8% volatile
107 Sri Lanka 0.3666 2020 up 19.4% rising
108 Honduras 0.3639 2020 up 17.9% rising
109 Lithuania 0.3632 2020 down 21.9% volatile
110 Philippines 0.3573 2020 up 27.1% rising
111 United Arab Emirates 0.3549 2020 down 9.5% rising
112 Ukraine 0.3487 2020 down 0.7% volatile
113 Saudi Arabia 0.3394 2020 up 18.4% rising
114 Dominican Republic 0.338 2020 up 27.6% rising
115 Bahrain 0.322 2020 down 12.7% rising
116 Venezuela 0.3152 2020 down 12.1% rising
117 Tajikistan 0.3117 2020 up 115.3% volatile
118 Paraguay 0.305 2020 up 42.8% rising
119 Egypt 0.2999 2020 up 14.0% rising
120 Eswatini 0.2926 2020 up 9.7% rising
121 Azerbaijan 0.2867 2020 up 23.3% volatile
122 Belarus 0.2862 2020 up 14.5% volatile
123 Pakistan 0.2848 2020 up 18.3% rising
124 Bangladesh 0.2829 2020 up 9.6% rising
125 Guyana 0.2799 2020 up 8.5% flat
126 Lesotho 0.2791 2020 down 0.8% rising
127 Algeria 0.2679 2020 up 9.9% rising
128 Kenya 0.2676 2020 up 5.4% rising
129 Djibouti 0.2634 2020 up 14.6% rising
130 Kyrgyzstan 0.2623 2020 up 54.4% volatile
131 Nicaragua 0.2568 2020 up 16.7% rising
132 Libya 0.2506 2020 up 1.3% flat
133 Togo 0.2502 2020 up 42.5% rising
134 Papua New Guinea 0.2482 2020 up 2.1% rising
135 Mauritania 0.2462 2020 up 47.4% rising
136 Laos 0.2394 2020 up 25.1% volatile
137 Mali 0.2391 2020 up 26.5% rising
138 Burkina Faso 0.2378 2020 up 44.7% falling
139 Nigeria 0.2372 2020 up 31.6% rising
140 Benin 0.2336 2020 up 18.0% falling
141 Myanmar 0.2326 2020 up 44.5% rising
142 Ecuador 0.2299 2020 down 24.9% falling
143 Gabon 0.228 2020 up 26.5% rising
144 Liberia 0.2206 2020 up 16.6% rising
145 Ghana 0.22 2020 up 50.6% rising
146 Burundi 0.2195 2020 up 33.1% rising
147 Angola 0.2188 2020 down 17.4% volatile
148 Syria 0.2182 2020 up 10.5% rising
149 Cote d'Ivoire 0.2175 2020 up 24.6% falling
150 Sao Tome and Principe 0.213 2020 down 14.0% volatile
151 Mozambique 0.2112 2020 up 7.9% volatile
152 Rwanda 0.2099 2020 up 38.7% falling
153 Senegal 0.2056 2020 up 10.4% rising
154 Ethiopia 0.2049 2020 down 3.1% falling
155 East Timor 0.2001 2020 up 30.1% volatile
156 Uganda 0.1969 2020 up 27.2% rising
157 Zambia 0.1951 2020 up 29.9% rising
158 Kiribati 0.1916 2020 down 7.7% volatile
159 Congo 0.1915 2020 up 13.7% volatile
160 Madagascar 0.1913 2020 up 27.6% rising
161 Marshall Islands 0.1898 2020 down 13.0% volatile
162 Yemen 0.1881 2020 down 7.1% rising
163 Malawi 0.1864 2020 up 21.2% rising
164 Sudan 0.1859 2020 up 10.6% rising
165 Niger 0.1857 2020 down 1.0% falling
166 Gambia 0.1837 2020 up 8.9% falling
167 Solomon Islands 0.1825 2020 up 5.2% falling
168 Haiti 0.1818 2020 up 16.9% flat
169 Turkmenistan 0.1818 2020 up 14.9% volatile
170 Guinea-Bissau 0.1793 2020 up 35.1% volatile
171 Guinea 0.1763 2020 up 35.4% volatile
172 Cameroon 0.1712 2020 up 13.0% rising
173 Tanzania 0.1659 2020 down 6.9% falling
174 Equatorial Guinea 0.1647 2020 up 9.6% rising
175 Eritrea 0.1608 2020 down 3.1% volatile
176 Sierra Leone 0.14 2020 up 31.3% rising
177 French Polynesia 0.1375 2020 down 2.9% volatile
178 Chad 0.1318 2020 down 16.9% falling
179 Micronesia (country) 0.1098 2020 down 2.4% volatile
180 Comoros 0.1021 2020 up 36.8% rising
181 South Sudan 0.0953 2020 down 33.2% volatile
182 Democratic Republic of Congo 0.0887 2020 up 69.2% volatile
183 Central African Republic 0.0772 2020 down 32.6% falling

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 Index by country. Statizoid, drawing on International Monetary Fund. Retrieved 07 October 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-index/

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About this data

Indicator
Financial Institutions 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.