Financial Institutions Index in South Africa

South Africa: Financial Institutions Index was 0.7086 in 2020. β–² Rising

Latest (2020)
0.7086
Change on year
down 1.8%
World rank
22nd
of 183 countries
All-time high
0.7314
in 2016
All-time low
0.4348
in 1980
Years of data
41
1980–2020

Financial Institutions Index in South Africa, 1980–2020

00.20.40.60.81980200020201980: 0.4351981: 0.4621982: 0.4691983: 0.4781984: 0.4921985: 0.4921986: 0.4751987: 0.4721988: 0.4851989: 0.4851990: 0.4881991: 0.4721992: 0.4861993: 0.4931994: 0.4931995: 0.5051996: 0.5141997: 0.5171998: 0.531999: 0.512000: 0.5252001: 0.542002: 0.5412003: 0.5542004: 0.5742005: 0.5852006: 0.6162007: 0.6282008: 0.632009: 0.6722010: 0.7242011: 0.6742012: 0.6892013: 0.6922014: 0.7212015: 0.7222016: 0.7312017: 0.7312018: 0.7282019: 0.7222020: 0.709

Source: International Monetary Fund.

Analysis

South Africa recorded 0.7086 for financial institutions index in 2020.

The figure is down 1.8% on the previous year and down 2.1% over ten years.

Over the whole period, financial institutions index in South Africa peaked at 0.7314 in 2016 and was at its lowest, 0.4348, in 1980.

That places South Africa 22nd out of 183 countries with data for 2020, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.4745 0.4348 0.4921 10
1990s 0.5009 0.4721 0.5302 10
2000s 0.5866 0.5255 0.6724 10
2010s 0.7134 0.6743 0.7314 10
2020s 0.7086 0.7086 0.7086 1

Countries ranked near South Africa

  1. 19 Italy 0.7203 compare
  2. 20 Thailand 0.7169 compare
  3. 21 Denmark 0.7112 compare
  4. 23 Portugal 0.7012 compare
  5. 24 Malaysia 0.6893 compare
  6. 25 Germany 0.6857 compare

See the full ranking of 192 places β†’

More financial sector data for South Africa

All data for South Africa β†’

Frequently asked questions

What is financial institutions index in South Africa?
Financial institutions index in South Africa was 0.7086 in 2020, according to International Monetary Fund.
What is the highest financial institutions index recorded in South Africa?
The highest recorded value was 0.7314 in 2016.
What is the lowest financial institutions index recorded in South Africa?
The lowest recorded value was 0.4348 in 1980.
How does South Africa rank for financial institutions index?
South Africa ranks 22nd out of 183 countries with data for 2020.
Is financial institutions index rising or falling in South Africa?
Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
Where does this South Africa 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.

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Financial Institutions Index in South Africa. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-index/south-africa/

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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.