Financial institutions development, depth - Country rankings

* indicates monthly or quarterly data series

Financial institutions development, depth, 2021:

The average for 2021 based on 44 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
Rwanda 0.237 6 1980 - 2021
Cape Verde 0.187 7 1980 - 2021
Kenya 0.182 8 1980 - 2021
Swaziland 0.164 9 1980 - 2021
Seychelles 0.143 10 1980 - 2021
Malawi 0.141 11 1980 - 2021
Uganda 0.109 12 1980 - 2021
Burundi 0.104 13 1980 - 2021
Mozambique 0.104 14 1990 - 2021
Senegal 0.103 15 1980 - 2021
Burkina Faso 0.101 16 1980 - 2021
Togo 0.098 17 1980 - 2021
Ghana 0.09 18 1980 - 2021
Tanzania 0.079 19 1980 - 2021
Nigeria 0.074 20 1980 - 2021
Mali 0.072 21 1980 - 2021
Madagascar 0.071 22 1980 - 2021
Eritrea 0.065 23 1995 - 2021
Zambia 0.06 24 1980 - 2021
R. of Congo 0.058 25 1980 - 2021
Gabon 0.057 26 1980 - 2021
Cameroon 0.054 27 1980 - 2021
Mauritania 0.054 28 1980 - 2021
Benin 0.051 29 1980 - 2021
Ethiopia 0.048 30 1980 - 2021
Gambia 0.039 31 1980 - 2021
Angola 0.038 32 1995 - 2021
Niger 0.038 33 1980 - 2021
Ivory Coast 0.036 34 1982 - 2021
Sierra Leone 0.034 35 1980 - 2021
C.A. Republic 0.033 36 1980 - 2021
G.-Bissau 0.033 37 1990 - 2021
Comoros 0.032 38 1982 - 2021
DR Congo 0.031 39 1993 - 2021
Sudan 0.031 40 1980 - 2021
Chad 0.03 41 1980 - 2021
Liberia 0.028 42 1981 - 2021
Eq. Guinea 0.024 43 1985 - 2021
Guinea 0.019 44 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. Rwanda
7. Cape Verde
8. Kenya
9. Swaziland
10. Seychelles
11. Malawi
12. Uganda
13. Burundi
14. Mozambique
15. Senegal
16. Burkina Faso
17. Togo
18. Ghana
19. Tanzania
20. Nigeria
21. Mali
22. Madagascar
23. Eritrea
24. Zambia
25. R. of Congo
26. Gabon
27. Cameroon
28. Mauritania
29. Benin
30. Ethiopia
31. Gambia
32. Angola
33. Niger
34. Ivory Coast
35. Sierra Leone
36. C.A. Republic
37. G.-Bissau
38. Comoros
39. DR Congo
40. Sudan
41. Chad
42. Liberia
43. Eq. Guinea
44. Guinea
0.863
0.639
0.413
0.411
0.269
0.237
0.187
0.182
0.164
0.143
0.141
0.109
0.104
0.104
0.103
0.101
0.098
0.090
0.079
0.074
0.072
0.071
0.065
0.060
0.058
0.057
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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