Advanced Markets vs Australia: Financial Development Index
Financial Development Index over time
- Advanced Markets
- Australia
How they compare
Australia currently reports 0.9076 against 0.6278 in Advanced Markets, a difference of 0.2798.
That makes Australia's figure about 1.4 times Advanced Markets's.
Across all 41 years both countries report, Australia has been ahead every year.
Advanced Markets ranks 1st and Australia ranks 3rd of 9 groups.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Advanced Markets | Australia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3242 | 0.4158 | 0.0916 | Australia |
| 1990s | 0.4795 | 0.6723 | 0.1927 | Australia |
| 2000s | 0.628 | 0.9177 | 0.2897 | Australia |
| 2010s | 0.6389 | 0.9126 | 0.2737 | Australia |
| 2020s | 0.6278 | 0.9076 | 0.2798 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Advanced Markets or Australia?
- Australia, at 0.9076 against 0.6278 in Advanced Markets as of 2020.
- What is the difference in financial development index between Advanced Markets and Australia?
- 0.2798, with Australia ahead.
- How many years of comparable data are there for Advanced Markets and Australia?
- 41 years are reported by both, from 1980 to 2020.
- How do Advanced Markets and Australia rank globally for financial development index?
- Advanced Markets ranks 1st and Australia ranks 3rd of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Financial Development Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.