Belgium vs Denmark: Financial Development Index

Belgium
0.6408
in 2020
Denmark
0.659
in 2020
Belgium rank
25th
Denmark rank
22nd

Financial Development Index over time

  • Belgium
  • Denmark
0.20.40.60.8198020002020

How they compare

Denmark currently reports 0.659 against 0.6408 in Belgium, a difference of 0.0182.

The two have swapped places 4 times across 41 shared years of data; in 1980 it was Denmark ahead.

Belgium ranks 25th and Denmark ranks 22nd of 183 countries.

Denmark has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Belgium Denmark Difference Ahead
1980s 0.281 0.3756 0.0946 Denmark
1990s 0.5036 0.5677 0.0642 Denmark
2000s 0.6472 0.6789 0.0317 Denmark
2010s 0.6633 0.6882 0.0248 Denmark
2020s 0.6408 0.659 0.0182 Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Belgium or Denmark?
Denmark, at 0.659 against 0.6408 in Belgium as of 2020.
What is the difference in financial development index between Belgium and Denmark?
0.0182, with Denmark ahead.
How many years of comparable data are there for Belgium and Denmark?
41 years are reported by both, from 1980 to 2020.
How do Belgium and Denmark rank globally for financial development index?
Belgium ranks 25th and Denmark ranks 22nd 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.

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Belgium vs Denmark: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/belgium/denmark/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.