Financial Markets Depth Index in India
India: Financial Markets Depth Index was 0.6346 in 2020. ◆ Volatile
Financial Markets Depth Index in India, 1980–2020
Source: International Monetary Fund.
Analysis
India recorded 0.6346 for financial markets depth index in 2020.
Compared with earlier readings it is up 22.3% on the previous year and down 1.6% over ten years.
Over the whole period, financial markets depth index in India peaked at 0.6451 in 2010 and was at its lowest, 0.0047, in 1980.
India ranks 27th of 183 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Markets Depth Index in India, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0047 | — |
| 1981 | 0.0092 | +92.8% |
| 1982 | 0.0133 | +44.8% |
| 1983 | 0.0122 | -8.3% |
| 1984 | 0.0236 | +94.2% |
| 1985 | 0.0429 | +81.6% |
| 1986 | 0.0624 | +45.5% |
| 1987 | 0.0969 | +55.4% |
| 1988 | 0.1182 | +21.9% |
| 1989 | 0.1379 | +16.7% |
| 1990 | 0.153 | +11.0% |
| 1991 | 0.2053 | +34.1% |
| 1992 | 0.1787 | -13.0% |
| 1993 | 0.2128 | +19.1% |
| 1994 | 0.241 | +13.2% |
| 1995 | 0.3411 | +41.6% |
| 1996 | 0.3752 | +10.0% |
| 1997 | 0.4039 | +7.6% |
| 1998 | 0.407 | +0.8% |
| 1999 | 0.4046 | -0.6% |
| 2000 | 0.4052 | +0.1% |
| 2001 | 0.3261 | -19.5% |
| 2002 | 0.2783 | -14.7% |
| 2003 | 0.3571 | +28.3% |
| 2004 | 0.4053 | +13.5% |
| 2005 | 0.4769 | +17.7% |
| 2006 | 0.5434 | +13.9% |
| 2007 | 0.595 | +9.5% |
| 2008 | 0.5064 | -14.9% |
| 2009 | 0.6126 | +21.0% |
| 2010 | 0.6451 | +5.3% |
| 2011 | 0.4872 | -24.5% |
| 2012 | 0.5082 | +4.3% |
| 2013 | 0.4821 | -5.1% |
| 2014 | 0.5523 | +14.6% |
| 2015 | 0.5588 | +1.2% |
| 2016 | 0.5205 | -6.9% |
| 2017 | 0.5933 | +14.0% |
| 2018 | 0.5537 | -6.7% |
| 2019 | 0.5188 | -6.3% |
| 2020 | 0.6346 | +22.3% |
India compared with similar countries
- India's 0.6346 is above the median for lower middle income countries, which is 0.0424, 15.0× the median. (45 countries reporting)
- India's 0.6346 is above the median for South Asia, which is 0.0641, 9.9× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0521 | 0.0047 | 0.1379 | 10 |
| 1990s | 0.2923 | 0.153 | 0.407 | 10 |
| 2000s | 0.4506 | 0.2783 | 0.6126 | 10 |
| 2010s | 0.542 | 0.4821 | 0.6451 | 10 |
| 2020s | 0.6346 | 0.6346 | 0.6346 | 1 |
Countries ranked near India
- 24 Bahrain 0.6585 compare
- 25 Denmark 0.6549 compare
- 26 Luxembourg 0.6502 compare
- 28 United Arab Emirates 0.6307 compare
- 29 Philippines 0.5789 compare
- 30 Ireland 0.5775 compare
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is financial markets depth index in India?
- Financial markets depth index in India was 0.6346 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in India?
- The highest recorded value was 0.6451 in 2010.
- What is the lowest financial markets depth index recorded in India?
- The lowest recorded value was 0.0047 in 1980.
- How does India rank for financial markets depth index?
- India ranks 27th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in India?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Financial Markets Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.