Financial institutions development, depth - Country rankings

* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 50 countries was 0.126 index points. The highest value was in Namibia: 0.863 index points and the lowest value was in Guinea: 0.019 index points. The indicator is available from 1980 to 2021. Below is a chart for all countries where data are available.

Measure: index points; Source: International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Financial institutions development, depth, 2021 Global rank Available data
Namibia 0.863 1 1990 - 2021
South Africa 0.639 2 1980 - 2021
Mauritius 0.413 3 1980 - 2021
Botswana 0.411 4 1980 - 2021
Lesotho 0.269 5 1980 - 2021
Morocco 0.262 6 1980 - 2021
Rwanda 0.237 7 1980 - 2021
Tunisia 0.194 8 1980 - 2021
Cape Verde 0.187 9 1980 - 2021
Kenya 0.182 10 1980 - 2021
Swaziland 0.164 11 1980 - 2021
Seychelles 0.143 12 1980 - 2021
Malawi 0.141 13 1980 - 2021
Uganda 0.109 14 1980 - 2021
Burundi 0.104 15 1980 - 2021
Mozambique 0.104 16 1990 - 2021
Senegal 0.103 17 1980 - 2021
Burkina Faso 0.101 18 1980 - 2021
Togo 0.098 19 1980 - 2021
Ghana 0.09 20 1980 - 2021
Egypt 0.083 21 1980 - 2021
Tanzania 0.079 22 1980 - 2021
Djibouti 0.078 23 1987 - 2021
Algeria 0.075 24 1980 - 2021
Nigeria 0.074 25 1980 - 2021
Mali 0.072 26 1980 - 2021
Madagascar 0.071 27 1980 - 2021
Eritrea 0.065 28 1995 - 2021
Zambia 0.06 29 1980 - 2021
R. of Congo 0.058 30 1980 - 2021
Gabon 0.057 31 1980 - 2021
Libya 0.055 32 1980 - 2021
Cameroon 0.054 33 1980 - 2021
Mauritania 0.054 34 1980 - 2021
Benin 0.051 35 1980 - 2021
Ethiopia 0.048 36 1980 - 2021
Gambia 0.039 37 1980 - 2021
Angola 0.038 38 1995 - 2021
Niger 0.038 39 1980 - 2021
Ivory Coast 0.036 40 1982 - 2021
Sierra Leone 0.034 41 1980 - 2021
C.A. Republic 0.033 42 1980 - 2021
G.-Bissau 0.033 43 1990 - 2021
Comoros 0.032 44 1982 - 2021
DR Congo 0.031 45 1993 - 2021
Sudan 0.031 46 1980 - 2021
Chad 0.03 47 1980 - 2021
Liberia 0.028 48 1981 - 2021
Eq. Guinea 0.024 49 1985 - 2021
Guinea 0.019 50 1989 - 2021



Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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All articles

1. Namibia
2. South Africa
3. Mauritius
4. Botswana
5. Lesotho
6. Morocco
7. Rwanda
8. Tunisia
9. Cape Verde
10. Kenya
11. Swaziland
12. Seychelles
13. Malawi
14. Uganda
15. Burundi
16. Mozambique
17. Senegal
18. Burkina Faso
19. Togo
20. Ghana
21. Egypt
22. Tanzania
23. Djibouti
24. Algeria
25. Nigeria
26. Mali
27. Madagascar
28. Eritrea
29. Zambia
30. R. of Congo
31. Gabon
32. Libya
33. Cameroon
34. Mauritania
35. Benin
36. Ethiopia
37. Gambia
38. Angola
39. Niger
40. Ivory Coast
41. Sierra Leone
42. C.A. Republic
43. G.-Bissau
44. Comoros
45. DR Congo
46. Sudan
47. Chad
48. Liberia
49. Eq. Guinea
50. Guinea
0.863
0.639
0.413
0.411
0.269
0.262
0.237
0.194
0.187
0.182
0.164
0.143
0.141
0.109
0.104
0.104
0.103
0.101
0.098
0.090
0.083
0.079
0.078
0.075
0.074
0.072
0.071
0.065
0.060
0.058
0.057
0.055
0.054
0.054
0.051
0.048
0.039
0.038
0.038
0.036
0.034
0.033
0.033
0.032
0.031
0.031
0.030
0.028
0.024
0.019
0
0.2
0.4
0.6
0.86


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