Of the economies in the World Bank's latest release, Iraq has the highest financial Intermediary Services Indirectly Measured (FISIM) (constant LCU) (1.61 trillion in 2025) and Zimbabwe the lowest (0 in 2018).
What this measures
Financial intermediation services which are implicitly charged in the form of either the difference between a reference rate and the interest rate actually paid to depositors, or the difference between the interest rate charged to borrowers and a reference rate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Iraq | 1.61 trillion | 2025 |
| 2 | Guinea | 1.14 trillion | 2022 |
| 3 | Madagascar | 777.16 billion | 2024 |
| 4 | Kenya | 325.97 billion | 2025 |
| 5 | Algeria | 254.87 billion | 2024 |
| 6 | Armenia | 240.6 billion | 2025 |
| 7 | Burundi | 198.88 billion | 2025 |
| 8 | Congo, Rep. | 110.79 billion | 2020 |
| 9 | Congo, Dem. Rep. | 71.31 billion | 2025 |
| 10 | Equatorial Guinea | 63.54 billion | 2025 |
| 11 | Honduras | 56.67 billion | 2025 |
| 12 | Guyana | 36.77 billion | 2025 |
| 13 | Qatar | 35.53 billion | 2025 |
| 14 | Ethiopia | 28.22 billion | 2025 |
| 15 | Central African Republic | 7.41 billion | 2023 |
| 16 | Vanuatu | 5.7 billion | 2024 |
| 17 | Comoros | 4.03 billion | 2025 |
| 18 | Kuwait | 2.16 billion | 2025 |
| 19 | Oman | 947.1 million | 2025 |
| 20 | Libya | 369.6 million | 2017 |
| 21 | Solomon Islands | 237.57 million | 2024 |
| 22 | Isle of Man | 183.72 million | 2023 |
| 23 | Samoa | 150.64 million | 2025 |
| 24 | Sierra Leone | 84.44 million | 2017 |
| 25 | São Tomé and Principe | 66.21 million | 2025 |
| 26 | St. Kitts and Nevis | 43.33 million | 2025 |
| 27 | Turks and Caicos Islands | 33.73 million | 2016 |
| 28 | Grenada | 33.24 million | 2025 |
| 29 | Kiribati | 13.68 million | 2024 |
| 30 | Marshall Islands | 5.4 million | 2024 |
| 31 | Micronesia, Fed. Sts. | 4.29 million | 2025 |
| 32 | Palau | 3.71 million | 2024 |
| 33 | Azerbaijan | 2 million | 2025 |
| 34 | Panama | 0 | 2023 |
| 35 | Zimbabwe | 0 | 2018 |
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- Imports of goods and services (current US$, BoP)
- Insurance and financial services (% of service imports, BoP)
- Goods imports (current US$, BoP)
- Service imports (current US$, BoP)
- Charges for the use of intellectual property, payments (BoP, current US$)
- Imports of goods, services and primary income (current US$, BoP)
- Transport services (% of service imports, BoP)
- Travel services (% of service imports, BoP)
- Foreign direct investment, net outflows (BoP, current US$)
Reading data like this
Source
World Bank, World Development Indicators, NV.FSM.TOTL.KN, CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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