Australia vs United States of America: Financial Development Index
Financial Development Index over time
- Australia
- United States of America
How they compare
Australia currently reports 0.9076 against 0.9076 in United States of America, a difference of 0.
The two have swapped places 11 times across 41 shared years of data; in 1980 it was United States of America ahead.
Australia ranks 3rd and United States of America ranks 4th of 183 countries.
Across the 5 decades both report, Australia averaged higher in 3 and United States of America in 2.
Head to head by decade
| Decade | Australia | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4158 | 0.454 | 0.0382 | United States of America |
| 1990s | 0.6723 | 0.7387 | 0.0665 | United States of America |
| 2000s | 0.9177 | 0.9027 | 0.015 | Australia |
| 2010s | 0.9126 | 0.9061 | 0.0065 | Australia |
| 2020s | 0.9076 | 0.9076 | 0 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Australia or United States of America?
- Australia, at 0.9076 against 0.9076 in United States of America as of 2020.
- What is the difference in financial development index between Australia and United States of America?
- 0, with Australia ahead.
- How many years of comparable data are there for Australia and United States of America?
- 41 years are reported by both, from 1980 to 2020.
- How do Australia and United States of America rank globally for financial development index?
- Australia ranks 3rd and United States of America ranks 4th 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.