Financial Institutions Index in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Financial Institutions Index was 0.3152 in 2020. β² Rising
Financial Institutions Index in Venezuela, Bolivarian Republic of, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Venezuela, Bolivarian Republic of stood at 0.3152.
The figure is up 17.4% on the previous year and down 12.1% over ten years.
Over the whole period, financial institutions index in Venezuela, Bolivarian Republic of peaked at 0.4481 in 2015 and was at its lowest, 0.1905, in 1984.
That places Venezuela, Bolivarian Republic of 116th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2396 | 0.1905 | 0.3088 | 10 |
| 1990s | 0.2468 | 0.2033 | 0.2806 | 10 |
| 2000s | 0.2781 | 0.2016 | 0.3352 | 10 |
| 2010s | 0.3791 | 0.2686 | 0.4481 | 10 |
| 2020s | 0.3152 | 0.3152 | 0.3152 | 1 |
Countries ranked near Venezuela, Bolivarian Republic of
- 113 Saudi Arabia 0.3394 compare
- 114 Dominican Republic 0.338 compare
- 115 Bahrain 0.322 compare
- 117 Tajikistan 0.3117 compare
- 118 Paraguay 0.305 compare
- 119 Egypt 0.2999 compare
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Domestic credit to private sector by banks 23.9% (2015)
Frequently asked questions
- What is financial institutions index in Venezuela, Bolivarian Republic of?
- Financial institutions index in Venezuela, Bolivarian Republic of was 0.3152 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.4481 in 2015.
- What is the lowest financial institutions index recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.1905 in 1984.
- How does Venezuela, Bolivarian Republic of rank for financial institutions index?
- Venezuela, Bolivarian Republic of ranks 116th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of 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
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.