Financial Institutions Index in Saudi Arabia
Saudi Arabia: Financial Institutions Index was 0.3394 in 2020. ▲ Rising
Financial Institutions Index in Saudi Arabia, 1980–2020
Source: International Monetary Fund.
Analysis
Saudi Arabia recorded 0.3394 for financial institutions index in 2020.
The figure is down 3.2% on the previous year and up 18.4% over ten years.
Over the whole period, financial institutions index in Saudi Arabia peaked at 0.3584 in 2016 and was at its lowest, 0.1487, in 1980.
That places Saudi Arabia 113th 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 Index in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1487 | — |
| 1981 | 0.151 | +1.5% |
| 1982 | 0.1838 | +21.7% |
| 1983 | 0.2193 | +19.3% |
| 1984 | 0.2349 | +7.1% |
| 1985 | 0.2546 | +8.4% |
| 1986 | 0.2772 | +8.9% |
| 1987 | 0.2764 | -0.3% |
| 1988 | 0.2823 | +2.1% |
| 1989 | 0.31 | +9.8% |
| 1990 | 0.2892 | -6.7% |
| 1991 | 0.2955 | +2.2% |
| 1992 | 0.2907 | -1.6% |
| 1993 | 0.3048 | +4.8% |
| 1994 | 0.3133 | +2.8% |
| 1995 | 0.306 | -2.3% |
| 1996 | 0.3036 | -0.8% |
| 1997 | 0.3231 | +6.4% |
| 1998 | 0.337 | +4.3% |
| 1999 | 0.3236 | -4.0% |
| 2000 | 0.3157 | -2.4% |
| 2001 | 0.2879 | -8.8% |
| 2002 | 0.3089 | +7.3% |
| 2003 | 0.2616 | -15.3% |
| 2004 | 0.2231 | -14.7% |
| 2005 | 0.2479 | +11.1% |
| 2006 | 0.2536 | +2.3% |
| 2007 | 0.2654 | +4.6% |
| 2008 | 0.2682 | +1.0% |
| 2009 | 0.2896 | +8.0% |
| 2010 | 0.2867 | -1.0% |
| 2011 | 0.2809 | -2.0% |
| 2012 | 0.2861 | +1.8% |
| 2013 | 0.2976 | +4.0% |
| 2014 | 0.3137 | +5.4% |
| 2015 | 0.3242 | +3.3% |
| 2016 | 0.3584 | +10.5% |
| 2017 | 0.3551 | -0.9% |
| 2018 | 0.3374 | -5.0% |
| 2019 | 0.3506 | +3.9% |
| 2020 | 0.3394 | -3.2% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.3394 is below the median for high income countries, which is 0.601, 56% of the median. (62 countries reporting)
- Saudi Arabia's 0.3394 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.3799, 89% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2338 | 0.1487 | 0.31 | 10 |
| 1990s | 0.3087 | 0.2892 | 0.337 | 10 |
| 2000s | 0.2722 | 0.2231 | 0.3157 | 10 |
| 2010s | 0.3191 | 0.2809 | 0.3584 | 10 |
| 2020s | 0.3394 | 0.3394 | 0.3394 | 1 |
Countries ranked near Saudi Arabia
- 110 Philippines 0.3573 compare
- 111 United Arab Emirates 0.3549 compare
- 112 Ukraine 0.3487 compare
- 114 Dominican Republic 0.338 compare
- 115 Bahrain 0.322 compare
- 116 Venezuela 0.3152 compare
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is financial institutions index in Saudi Arabia?
- Financial institutions index in Saudi Arabia was 0.3394 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Saudi Arabia?
- The highest recorded value was 0.3584 in 2016.
- What is the lowest financial institutions index recorded in Saudi Arabia?
- The lowest recorded value was 0.1487 in 1980.
- How does Saudi Arabia rank for financial institutions index?
- Saudi Arabia ranks 113th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Saudi Arabia?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Index. Statizoid updates them automatically from the source API.
Download this data
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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.