Financial Markets Access 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
1
Ireland
Lowest
0
Yemen, Republic of
Median
0.0181
Years covered
41
1980β2020
Data points
7,872
What the numbers show
Financial Markets Access Index is currently reported for 183 countries. The highest value is 1 in Ireland; the lowest is 0 in Yemen, Republic of.
The median across all reporting countries is 0.0181, and the mean is 0.2195.
Over the past decade 61 countries rose and 46 fell. The largest increase was in Mongolia (up 169.2%), and the largest decrease in Ukraine (down 81.9%).
Financial Markets Access Index: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Ireland | 1 | 2020 | up 3.2% | rising |
| 1 | Luxembourg | 1 | 2020 | unchanged | rising |
| 1 | Malta | 1 | 2020 | up 30.2% | rising |
| 4 | Norway | 0.9421 | 2020 | up 2.6% | rising |
| 5 | Switzerland | 0.9184 | 2020 | up 1.7% | rising |
| 6 | Qatar | 0.8852 | 2020 | up 16.5% | rising |
| 7 | New Zealand | 0.8595 | 2020 | up 14.3% | rising |
| 8 | Spain | 0.8376 | 2020 | up 76.9% | volatile |
| 9 | United Arab Emirates | 0.8264 | 2020 | up 34.8% | volatile |
| 10 | Singapore | 0.8241 | 2020 | up 19.9% | rising |
| 11 | Panama | 0.7726 | 2020 | up 37.5% | rising |
| 12 | Hong Kong Special Administrative Region, People's Republic of China | 0.7677 | 2020 | up 2.9% | rising |
| 13 | Austria | 0.7676 | 2020 | down 9.2% | rising |
| 14 | Australia | 0.7611 | 2020 | down 2.1% | rising |
| 15 | Cyprus | 0.7377 | 2020 | down 13.5% | rising |
| 16 | Mauritius | 0.7166 | 2020 | up 69.6% | rising |
| 17 | Canada | 0.71 | 2020 | up 7.9% | rising |
| 18 | Bahrain, Kingdom of | 0.7065 | 2020 | down 10.4% | rising |
| 19 | Italy | 0.704 | 2020 | up 36.4% | volatile |
| 20 | United Kingdom | 0.6841 | 2020 | up 29.2% | rising |
| 21 | United States | 0.6558 | 2020 | down 4.0% | volatile |
| 22 | Greece | 0.616 | 2020 | up 7.2% | volatile |
| 23 | Japan | 0.6155 | 2020 | up 28.0% | rising |
| 24 | Croatia | 0.5885 | 2020 | up 7.4% | volatile |
| 25 | Germany | 0.5657 | 2020 | up 17.1% | rising |
| 26 | Saudi Arabia | 0.5611 | 2020 | up 26.0% | rising |
| 27 | Botswana | 0.55 | 2020 | down 1.9% | rising |
| 28 | Colombia | 0.5397 | 2020 | up 5.0% | volatile |
| 29 | Kazakhstan, Republic of | 0.5353 | 2020 | down 2.5% | volatile |
| 30 | Hungary | 0.5327 | 2020 | up 0.5% | rising |
| 31 | Argentina | 0.5215 | 2020 | up 4.3% | rising |
| 32 | Morocco | 0.5029 | 2020 | up 1.0% | volatile |
| 33 | Brunei Darussalam | 0.5 | 2020 | unchanged | rising |
| 33 | Denmark | 0.5 | 2020 | unchanged | rising |
| 33 | Finland | 0.5 | 2020 | up 11.2% | volatile |
| 33 | Iceland | 0.5 | 2020 | up 53.9% | flat |
| 33 | St. Lucia | 0.5 | 2020 | unchanged | rising |
| 33 | Netherlands | 0.5 | 2020 | up 17.9% | rising |
| 33 | Sweden | 0.5 | 2020 | unchanged | rising |
| 33 | Zambia | 0.5 | 2020 | unchanged | flat |
| 41 | Bahamas, The | 0.5 | 2020 | down 0.0% | falling |
| 42 | Russia | 0.4949 | 2020 | up 5.5% | volatile |
| 43 | Oman | 0.4935 | 2020 | up 42.9% | rising |
| 44 | Nigeria | 0.4898 | 2020 | down 2.5% | rising |
| 45 | Malaysia | 0.4828 | 2020 | down 9.3% | volatile |
| 46 | Korea | 0.4802 | 2020 | down 32.7% | volatile |
| 47 | France | 0.4653 | 2020 | up 97.0% | volatile |
| 48 | Jordan | 0.4444 | 2020 | down 7.7% | falling |
| 49 | Peru | 0.4314 | 2020 | down 8.8% | rising |
| 50 | Chile | 0.4298 | 2020 | up 6.0% | rising |
| 51 | Poland | 0.4169 | 2020 | up 12.9% | falling |
| 52 | Brazil | 0.41 | 2020 | up 0.4% | rising |
| 53 | Thailand | 0.4082 | 2020 | up 5.4% | rising |
| 54 | Vietnam | 0.3986 | 2020 | down 3.7% | volatile |
| 55 | Mexico | 0.3875 | 2020 | down 20.5% | rising |
| 56 | South Africa | 0.3872 | 2020 | up 85.1% | volatile |
| 57 | Israel | 0.3829 | 2020 | down 5.8% | rising |
| 58 | China, People's Republic of | 0.37 | 2020 | up 101.6% | volatile |
| 59 | Barbados | 0.3627 | 2020 | down 1.5% | falling |
| 60 | Indonesia | 0.3447 | 2020 | up 22.8% | flat |
| 61 | Philippines | 0.331 | 2020 | up 8.2% | rising |
| 62 | Belgium | 0.3211 | 2020 | up 94.9% | volatile |
| 63 | TΓΌrkiye | 0.3065 | 2020 | down 4.7% | rising |
| 64 | Egypt, Arab Republic of | 0.3052 | 2020 | up 2.6% | rising |
| 65 | Macao Special Administrative Region, People's Republic of China | 0.3013 | 2020 | down 6.3% | rising |
| 66 | Bangladesh | 0.2976 | 2020 | down 2.9% | rising |
| 67 | Sri Lanka | 0.2388 | 2020 | down 16.0% | rising |
| 68 | Ghana | 0.2323 | 2020 | up 29.2% | rising |
| 69 | Iran, Islamic Republic of | 0.221 | 2020 | down 33.0% | rising |
| 70 | India | 0.1961 | 2020 | down 1.3% | volatile |
| 71 | Slovenia | 0.1737 | 2020 | down 73.1% | volatile |
| 72 | Portugal | 0.1682 | 2020 | down 22.8% | volatile |
| 73 | Estonia | 0.1655 | 2020 | up 116.0% | volatile |
| 74 | Kuwait | 0.1292 | 2020 | up 38.8% | falling |
| 75 | Mongolia | 0.0994 | 2020 | up 169.2% | volatile |
| 76 | Uruguay | 0.0929 | 2020 | up 37.2% | volatile |
| 77 | Lithuania | 0.0778 | 2020 | up 142.5% | volatile |
| 78 | Trinidad and Tobago | 0.0726 | 2020 | down 50.9% | falling |
| 79 | Bulgaria | 0.0627 | 2020 | up 133.2% | volatile |
| 80 | Latvia | 0.0573 | 2020 | down 59.2% | volatile |
| 81 | Namibia | 0.0468 | 2020 | down 22.1% | volatile |
| 82 | Czechia | 0.0405 | 2020 | up 43.2% | volatile |
| 83 | Armenia, Republic of | 0.0348 | 2020 | down 0.1% | volatile |
| 84 | Jamaica | 0.0347 | 2020 | down 9.0% | volatile |
| 85 | Togo | 0.0306 | 2020 | up 43.5% | rising |
| 86 | Lebanon | 0.0302 | 2020 | up 40.8% | volatile |
| 87 | Georgia | 0.0283 | 2020 | up 4.7% | volatile |
| 88 | Guatemala | 0.0201 | 2020 | up 94.9% | falling |
| 89 | Dominican Republic | 0.0199 | 2020 | up 66.9% | falling |
| 90 | Costa Rica | 0.0198 | 2020 | down 21.0% | falling |
| 91 | Azerbaijan, Republic of | 0.0197 | 2020 | up 83.3% | volatile |
| 92 | Slovak Republic | 0.0181 | 2020 | down 66.3% | volatile |
| 93 | Tunisia | 0.0179 | 2020 | up 87.2% | falling |
| 94 | Kyrgyz Republic | 0.0174 | 2020 | down 11.8% | volatile |
| 95 | El Salvador | 0.0166 | 2020 | down 16.9% | rising |
| 96 | Lao People's Democratic Republic | 0.0152 | 2020 | down 62.6% | volatile |
| 97 | Paraguay | 0.0151 | 2020 | down 60.2% | falling |
| 98 | Burundi | 0.0112 | 2020 | down 26.6% | rising |
| 99 | Romania | 0.0111 | 2020 | up 135.0% | volatile |
| 100 | Honduras | 0.0109 | 2020 | down 23.8% | rising |
| 101 | Belarus, Republic of | 0.0109 | 2020 | up 5.7% | volatile |
| 102 | Bolivia | 0.0097 | 2020 | down 41.4% | rising |
| 103 | Angola | 0.0082 | 2020 | up 29.8% | volatile |
| 104 | Venezuela, RepΓΊblica Bolivariana de | 0.0075 | 2020 | down 33.6% | volatile |
| 105 | Kenya | 0.007 | 2020 | up 124.4% | falling |
| 106 | Uzbekistan, Republic of | 0.0061 | 2020 | down 79.4% | volatile |
| 107 | Ecuador | 0.0061 | 2020 | down 41.1% | falling |
| 108 | CΓ΄te d'Ivoire | 0.0053 | 2020 | down 15.8% | falling |
| 109 | Tanzania, United Republic of | 0.0046 | 2020 | down 7.1% | falling |
| 110 | Mozambique, Republic of | 0.0042 | 2020 | up 9.5% | volatile |
| 111 | Algeria | 0.004 | 2020 | unchanged | falling |
| 112 | Ukraine | 0.0023 | 2020 | down 81.9% | volatile |
| 113 | Ethiopia, The Federal Democratic Republic of | 0.0011 | 2020 | up 33.4% | rising |
| 114 | Pakistan | 0.0011 | 2020 | down 20.6% | volatile |
| 115 | Aruba, Kingdom of the Netherlands | 0 | 2020 | β | flat |
| 115 | Albania | 0 | 2020 | β | flat |
| 115 | Antigua and Barbuda | 0 | 2020 | β | flat |
| 115 | Benin | 0 | 2020 | β | flat |
| 115 | Burkina Faso | 0 | 2020 | β | flat |
| 115 | Bosnia and Herzegovina | 0 | 2020 | β | flat |
| 115 | Belize | 0 | 2020 | β | flat |
| 115 | Bhutan | 0 | 2020 | β | flat |
| 115 | Central African Republic | 0 | 2020 | β | flat |
| 115 | Cameroon | 0 | 2020 | β | flat |
| 115 | Congo, Democratic Republic of the | 0 | 2020 | β | flat |
| 115 | Congo, Republic of | 0 | 2020 | β | flat |
| 115 | Comoros, Union of the | 0 | 2020 | β | flat |
| 115 | Cabo Verde | 0 | 2020 | β | flat |
| 115 | Djibouti | 0 | 2020 | β | flat |
| 115 | Dominica | 0 | 2020 | β | flat |
| 115 | Eritrea, The State of | 0 | 2020 | β | flat |
| 115 | Fiji, Republic of | 0 | 2020 | β | flat |
| 115 | Micronesia, Federated States of | 0 | 2020 | β | flat |
| 115 | Gabon | 0 | 2020 | β | flat |
| 115 | Guinea | 0 | 2020 | β | flat |
| 115 | Gambia, The | 0 | 2020 | β | flat |
| 115 | Guinea-Bissau | 0 | 2020 | β | flat |
| 115 | Equatorial Guinea, Republic of | 0 | 2020 | β | flat |
| 115 | Grenada | 0 | 2020 | β | flat |
| 115 | Guyana | 0 | 2020 | β | flat |
| 115 | Haiti | 0 | 2020 | β | flat |
| 115 | Cambodia | 0 | 2020 | β | flat |
| 115 | Kiribati | 0 | 2020 | β | flat |
| 115 | St. Kitts and Nevis | 0 | 2020 | β | flat |
| 115 | Liberia | 0 | 2020 | β | flat |
| 115 | Libya | 0 | 2020 | β | flat |
| 115 | Lesotho, Kingdom of | 0 | 2020 | β | flat |
| 115 | Moldova, Republic of | 0 | 2020 | β | flat |
| 115 | Madagascar, Republic of | 0 | 2020 | β | flat |
| 115 | Maldives | 0 | 2020 | β | flat |
| 115 | Marshall Islands | 0 | 2020 | β | flat |
| 115 | North Macedonia | 0 | 2020 | β | flat |
| 115 | Mali | 0 | 2020 | β | flat |
| 115 | Myanmar | 0 | 2020 | β | flat |
| 115 | Mauritania, Islamic Republic of | 0 | 2020 | β | flat |
| 115 | Malawi | 0 | 2020 | β | flat |
| 115 | Niger | 0 | 2020 | β | flat |
| 115 | Nicaragua | 0 | 2020 | β | flat |
| 115 | Nepal | 0 | 2020 | β | flat |
| 115 | Papua New Guinea | 0 | 2020 | β | flat |
| 115 | French Polynesia | 0 | 2020 | β | flat |
| 115 | Rwanda | 0 | 2020 | β | flat |
| 115 | Sudan | 0 | 2020 | β | flat |
| 115 | Senegal | 0 | 2020 | β | flat |
| 115 | Solomon Islands | 0 | 2020 | β | flat |
| 115 | Sierra Leone | 0 | 2020 | β | flat |
| 115 | Serbia, Republic of | 0 | 2020 | β | flat |
| 115 | South Sudan, Republic of | 0 | 2020 | β | flat |
| 115 | SΓ£o TomΓ© and PrΓncipe, Democratic Republic of | 0 | 2020 | β | flat |
| 115 | Suriname | 0 | 2020 | β | flat |
| 115 | Eswatini, Kingdom of | 0 | 2020 | β | flat |
| 115 | Seychelles | 0 | 2020 | β | flat |
| 115 | Syrian Arab Republic | 0 | 2020 | β | flat |
| 115 | Chad | 0 | 2020 | β | flat |
| 115 | Tajikistan, Republic of | 0 | 2020 | β | flat |
| 115 | Turkmenistan | 0 | 2020 | β | flat |
| 115 | Timor-Leste, Democratic Republic of | 0 | 2020 | β | flat |
| 115 | Tonga | 0 | 2020 | β | flat |
| 115 | Uganda | 0 | 2020 | β | flat |
| 115 | St. Vincent and the Grenadines | 0 | 2020 | β | flat |
| 115 | Vanuatu | 0 | 2020 | β | flat |
| 115 | Samoa | 0 | 2020 | β | flat |
| 115 | Yemen, Republic of | 0 | 2020 | β | flat |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Advanced Markets 0.5504
- Europe 0.4041
- Asia and Pacific 0.2372
- Emerging Markets 0.2273
- All Countries 0.2197
- Middle East and Central Asia 0.2061
- Latin America and the Caribbean (LAC) 0.187
- Africa 0.0681
- Low-Income and Developing Countries 0.0249
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.