Financial Markets Depth 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
Canada
Lowest
0
Samoa
Median
0.0844
Years covered
41
1980–2020
Data points
7,872

What the numbers show

Financial Markets Depth Index is currently reported for 183 countries. The highest value is 1 in Canada; the lowest is 0 in Samoa.

The median across all reporting countries is 0.0844, and the mean is 0.232.

Over the past decade 90 countries rose and 66 fell. The largest increase was in Mali (up 2,996,990,000.0%), and the largest decrease in Congo, Democratic Republic of the (down 100.0%).

Financial Markets Depth Index: full country ranking

#Country LatestYear 10-year changeTrend
1 Canada 1 2020 up 3.2% rising
2 United Kingdom 0.9887 2020 up 0.0% rising
3 Switzerland 0.9877 2020 unchanged rising
4 United States 0.9877 2020 down 0.0% rising
5 Australia 0.964 2020 down 0.3% volatile
6 Netherlands 0.9599 2020 up 4.5% volatile
7 Malaysia 0.95 2020 up 17.3% rising
8 Sweden 0.9434 2020 up 1.1% volatile
9 Japan 0.928 2020 up 28.4% rising
10 France 0.9082 2020 up 5.1% volatile
11 Korea 0.8193 2020 up 7.8% volatile
12 Singapore 0.8154 2020 down 6.9% rising
13 Hong Kong Special Administrative Region, People's Republic of China 0.8005 2020 down 2.8% rising
14 Spain 0.7787 2020 down 16.5% volatile
15 Germany 0.7611 2020 up 9.7% volatile
16 Norway 0.7559 2020 down 7.5% volatile
17 Thailand 0.7541 2020 up 27.3% rising
18 Saudi Arabia 0.7414 2020 up 57.7% rising
19 South Africa 0.7385 2020 up 12.2% rising
20 China, People's Republic of 0.7079 2020 up 25.2% volatile
21 Qatar 0.6981 2020 up 8.4% rising
22 Belgium 0.6961 2020 down 0.2% volatile
23 Italy 0.6818 2020 up 19.0% volatile
24 Bahrain, Kingdom of 0.6585 2020 down 3.4% rising
25 Denmark 0.6549 2020 down 0.7% volatile
26 Luxembourg 0.6502 2020 down 13.3% rising
27 India 0.6346 2020 down 1.6% volatile
28 United Arab Emirates 0.6307 2020 up 25.8% volatile
29 Philippines 0.5789 2020 up 19.7% rising
30 Ireland 0.5775 2020 up 3.6% rising
31 Brazil 0.5655 2020 up 25.1% volatile
32 Portugal 0.5603 2020 down 14.5% volatile
33 Austria 0.5375 2020 up 6.8% volatile
34 Finland 0.5184 2020 up 23.1% volatile
35 Venezuela, República Bolivariana de 0.5093 2020 up 422.4% volatile
36 Mauritius 0.4822 2020 up 125.0% volatile
37 Greece 0.4709 2020 down 5.2% volatile
38 Chile 0.4705 2020 down 1.4% rising
39 Cyprus 0.4547 2020 down 9.7% volatile
40 Türkiye 0.45 2020 up 22.0% volatile
41 Bahamas, The 0.4472 2020 up 39.0% volatile
42 Kuwait 0.4239 2020 down 31.4% volatile
43 Jamaica 0.4238 2020 up 21.7% volatile
44 Panama 0.4086 2020 up 65.4% volatile
45 Iran, Islamic Republic of 0.3929 2020 up 459.1% volatile
46 New Zealand 0.3827 2020 up 25.6% rising
47 Israel 0.3673 2020 down 28.1% volatile
48 Oman 0.3597 2020 down 1.2% volatile
49 Lebanon 0.3458 2020 up 43.4% volatile
50 Russia 0.3379 2020 down 24.7% volatile
51 Mexico 0.3292 2020 up 19.2% volatile
52 Iceland 0.3281 2020 down 34.2% volatile
53 Vietnam 0.3016 2020 up 20.5% volatile
54 Mongolia 0.296 2020 up 334.9% volatile
55 Barbados 0.2691 2020 up 39.6% volatile
56 Indonesia 0.2593 2020 up 16.0% rising
57 Papua New Guinea 0.2586 2020 down 39.5% rising
58 Colombia 0.2577 2020 down 2.7% volatile
59 Grenada 0.2552 2020 up 27.7% rising
60 Mozambique, Republic of 0.245 2020 up 172.3% volatile
61 Liberia 0.2381 2020 unchanged falling
62 Burundi 0.2371 2020 up 129.2% volatile
62 Togo 0.2371 2020 up 851.1% volatile
64 Lao People's Democratic Republic 0.2277 2020 down 5.6% volatile
65 Trinidad and Tobago 0.2213 2020 down 13.9% rising
66 Malta 0.2153 2020 up 47.5% volatile
67 Peru 0.2149 2020 down 13.6% rising
68 Kazakhstan, Republic of 0.2129 2020 down 27.1% volatile
69 Morocco 0.2019 2020 down 8.7% volatile
70 Seychelles 0.1942 2020 down 32.9% falling
71 Croatia 0.181 2020 down 19.6% volatile
72 Honduras 0.1808 2020 up 74.1% volatile
73 Poland 0.1807 2020 down 16.7% volatile
74 Namibia 0.17 2020 up 1,045.5% volatile
75 Jordan 0.1661 2020 down 65.4% falling
76 Czechia 0.1611 2020 down 5.0% volatile
77 Angola 0.1573 2020 up 110.2% volatile
78 Azerbaijan, Republic of 0.1512 2020 up 97.9% volatile
79 Hungary 0.1445 2020 down 48.8% volatile
80 Uzbekistan, Republic of 0.1417 2020 up 1,458.1% volatile
81 Côte d'Ivoire 0.1369 2020 down 58.1% rising
82 Pakistan 0.1292 2020 up 25.8% volatile
83 Bulgaria 0.1181 2020 up 10.9% volatile
84 Yemen, Republic of 0.1135 2020 up 89.6% volatile
85 Botswana 0.109 2020 down 14.3% volatile
86 Egypt, Arab Republic of 0.1057 2020 down 53.3% volatile
87 Ghana 0.0983 2020 up 72.9% volatile
88 Slovenia 0.0972 2020 down 59.3% volatile
89 Bangladesh 0.0957 2020 down 10.3% volatile
90 Tunisia 0.0879 2020 up 1.6% falling
91 Sri Lanka 0.0863 2020 down 34.9% volatile
92 Rwanda 0.0844 2020 down 9.9% rising
93 Argentina 0.0828 2020 down 3.0% volatile
94 Estonia 0.0816 2020 down 32.8% volatile
95 Chad 0.0776 2020 up 361.9% volatile
96 Kenya 0.0768 2020 down 34.1% rising
97 Georgia 0.0694 2020 up 103.9% volatile
98 Nigeria 0.0686 2020 up 38.3% volatile
99 Zambia 0.065 2020 down 15.9% rising
100 Romania 0.064 2020 up 65.4% volatile
101 Uruguay 0.0621 2020 up 82.6% volatile
102 St. Lucia 0.0617 2020 down 12.2% rising
103 Slovak Republic 0.0594 2020 up 16.8% volatile
104 Costa Rica 0.0571 2020 up 90.9% volatile
105 Turkmenistan 0.0558 2020 down 8.6% volatile
106 Brunei Darussalam 0.0483 2020 up 48.7% volatile
107 Congo, Republic of 0.0478 2020 up 95.3% falling
108 Latvia 0.0452 2020 up 4.5% volatile
109 Serbia, Republic of 0.043 2020 down 13.6% volatile
110 Guinea 0.0427 2020 up 6,003.6% volatile
111 Senegal 0.0424 2020 up 593.7% volatile
112 Paraguay 0.0424 2020 up 205.2% rising
113 Bhutan 0.0419 2020 down 43.1% rising
114 Ecuador 0.0398 2020 up 61.3% falling
115 Lithuania 0.0395 2020 up 7.2% volatile
116 El Salvador 0.0378 2020 up 10.2% volatile
117 Ukraine 0.0376 2020 down 76.4% volatile
118 Gabon 0.0322 2020 up 177.0% volatile
119 Guatemala 0.028 2020 up 156.3% rising
120 Tanzania, United Republic of 0.0275 2020 up 37.8% volatile
121 Dominican Republic 0.0275 2020 up 36.5% rising
122 Armenia, Republic of 0.026 2020 up 53.1% volatile
123 Niger 0.0255 2020 down 11.5% falling
124 Ethiopia, The Federal Democratic Republic of 0.0242 2020 up 5.5% volatile
125 Suriname 0.0233 2020 up 36.6% rising
126 Belarus, Republic of 0.022 2020 down 91.0% volatile
127 Albania 0.0219 2020 up 74.2% volatile
128 Guyana 0.0203 2020 down 16.8% rising
129 Aruba, Kingdom of the Netherlands 0.0201 2020 up 139.7% volatile
130 Mauritania, Islamic Republic of 0.0183 2020 down 30.5% falling
131 Eswatini, Kingdom of 0.0167 2020 unchanged volatile
132 Benin 0.016 2020 up 15.2% volatile
133 North Macedonia 0.0136 2020 up 47.2% volatile
134 Sierra Leone 0.013 2020 down 40.1% volatile
135 Bolivia 0.0127 2020 up 19.3% rising
136 Maldives 0.0124 2020 up 33.6% falling
137 Madagascar, Republic of 0.0095 2020 down 24.3% falling
138 Moldova, Republic of 0.0089 2020 up 17.3% volatile
139 Mali 0.0084 2020 up 2,996,990,000.0% volatile
140 Uganda 0.0083 2020 up 282.0% volatile
141 Tajikistan, Republic of 0.0082 2020 down 25.9% volatile
142 Belize 0.0079 2020 down 25.4% falling
143 Bosnia and Herzegovina 0.0065 2020 up 284.1% volatile
144 Cambodia 0.0062 2020 down 80.4% volatile
145 Cameroon 0.006 2020 up 44.8% volatile
146 Cabo Verde 0.0057 2020 up 19.3% rising
147 Kyrgyz Republic 0.0052 2020 up 933.4% volatile
148 Lesotho, Kingdom of 0.005 2020 up 3.3% falling
149 Fiji, Republic of 0.0048 2020 down 74.2% falling
150 Burkina Faso 0.004 2020 up 537.5% volatile
151 Myanmar 0.0038 2020 up 452.4% volatile
152 Nicaragua 0.0037 2020 down 63.8% volatile
153 Malawi 0.0024 2020 up 12.6% rising
154 Nepal 0.0016 2020 down 41.7% rising
155 Algeria 0.0011 2020 down 89.5% volatile
156 Sudan 0.0005 2020 down 70.7% falling
157 Congo, Democratic Republic of the 0 2020 down 100.0% volatile
158 Antigua and Barbuda 0 2020 flat
158 Central African Republic 0 2020 flat
158 Comoros, Union of the 0 2020 flat
158 Djibouti 0 2020 down 100.0% volatile
158 Dominica 0 2020 flat
158 Eritrea, The State of 0 2020 flat
158 Micronesia, Federated States of 0 2020 flat
158 Gambia, The 0 2020 flat
158 Guinea-Bissau 0 2020 flat
158 Equatorial Guinea, Republic of 0 2020 volatile
158 Haiti 0 2020 flat
158 Kiribati 0 2020 flat
158 St. Kitts and Nevis 0 2020 flat
158 Libya 0 2020 down 100.0% volatile
158 Macao Special Administrative Region, People's Republic of China 0 2020 flat
158 Marshall Islands 0 2020 flat
158 French Polynesia 0 2020 flat
158 Solomon Islands 0 2020 flat
158 South Sudan, Republic of 0 2020 flat
158 São Tomé and Príncipe, Democratic Republic of 0 2020 flat
158 Syrian Arab Republic 0 2020 volatile
158 Timor-Leste, Democratic Republic of 0 2020 flat
158 Tonga 0 2020 flat
158 St. Vincent and the Grenadines 0 2020 flat
158 Vanuatu 0 2020 flat
158 Samoa 0 2020 flat

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 Markets Depth Index by country. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-markets-depth-index/

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About this data

Indicator
Financial Markets Depth 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.