Austria vs Turkey: Financial Development Index
Financial Development Index over time
- Austria
- Turkey
How they compare
Austria currently reports 0.621 against 0.5395 in Turkey, a difference of 0.0815.
That makes Austria's figure about 1.2 times Turkey's.
Across all 41 years both countries report, Austria has been ahead every year.
Austria ranks 29th and Turkey ranks 31st of 183 countries.
Austria has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Austria | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.2879 | 0.1711 | 0.1167 | Austria |
| 1990s | 0.4495 | 0.2843 | 0.1652 | Austria |
| 2000s | 0.6534 | 0.4097 | 0.2437 | Austria |
| 2010s | 0.6227 | 0.5079 | 0.1147 | Austria |
| 2020s | 0.621 | 0.5395 | 0.0814 | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Austria or Turkey?
- Austria, at 0.621 against 0.5395 in Turkey as of 2020.
- What is the difference in financial development index between Austria and Turkey?
- 0.0815, with Austria ahead.
- How many years of comparable data are there for Austria and Turkey?
- 41 years are reported by both, from 1980 to 2020.
- How do Austria and Turkey rank globally for financial development index?
- Austria ranks 29th and Turkey ranks 31st 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.