Which has higher financial development index, Belgium or New Zealand?

Belgium, at 0.6408 against 0.6256 in New Zealand as of 2020.

How many years of comparable data are there for Belgium and New Zealand?

41 years are reported by both, from 1980 to 2020.

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.

Belgium vs New Zealand: Financial Development Index

Belgium

0.6408

in 2020

New Zealand

0.6256

in 2020

Belgium rank

25th

New Zealand rank

27th

Financial Development Index over time

Belgium
New Zealand

How they compare

Belgium currently reports 0.6408 against 0.6256 in New Zealand, a difference of 0.0152.

The two have swapped places 3 times across 41 shared years of data; in 1980 it was New Zealand ahead.

Belgium ranks 25th and New Zealand ranks 27th of 183 countries.

Across the 5 decades both report, Belgium averaged higher in 3 and New Zealand in 2.

Head to head by decade

Decade	Belgium	New Zealand	Difference	Ahead
1980s	0.281	0.3378	0.0568	New Zealand
1990s	0.5036	0.5175	0.0139	New Zealand
2000s	0.6472	0.5422	0.105	Belgium
2010s	0.6633	0.572	0.0913	Belgium
2020s	0.6408	0.6256	0.0152	Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Belgium or New Zealand?: Belgium, at 0.6408 against 0.6256 in New Zealand as of 2020.
What is the difference in financial development index between Belgium and New Zealand?: 0.0152, with Belgium ahead.
How many years of comparable data are there for Belgium and New Zealand?: 41 years are reported by both, from 1980 to 2020.
How do Belgium and New Zealand rank globally for financial development index?: Belgium ranks 25th and New Zealand ranks 27th 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 New Zealand: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/belgium/new-zealand/

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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: 19 August 2026

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.