Australia vs Japan: Financial Development Index
Financial Development Index over time
- Australia
- Japan
How they compare
Japan currently reports 0.9245 against 0.9076 in Australia, a difference of 0.0169.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was Japan ahead.
Australia ranks 3rd and Japan ranks 2nd of 183 countries.
Across the 5 decades both report, Australia averaged higher in 3 and Japan in 2.
Head to head by decade
| Decade | Australia | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4158 | 0.6062 | 0.1904 | Japan |
| 1990s | 0.6723 | 0.6105 | 0.0617 | Australia |
| 2000s | 0.9177 | 0.771 | 0.1467 | Australia |
| 2010s | 0.9126 | 0.8495 | 0.0631 | Australia |
| 2020s | 0.9076 | 0.9245 | 0.0169 | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Australia or Japan?
- Japan, at 0.9245 against 0.9076 in Australia as of 2020.
- What is the difference in financial development index between Australia and Japan?
- 0.0169, with Japan ahead.
- How many years of comparable data are there for Australia and Japan?
- 41 years are reported by both, from 1980 to 2020.
- How do Australia and Japan rank globally for financial development index?
- Australia ranks 3rd and Japan ranks 2nd of 183 countries.
- 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.