Belgium vs South Africa: Financial Development Index

Belgium
0.6408
in 2020
South Africa
0.6215
in 2020
Belgium rank
25th
South Africa rank
28th

Financial Development Index over time

  • Belgium
  • South Africa
0.20.40.60.8198020002020

How they compare

Belgium currently reports 0.6408 against 0.6215 in South Africa, a difference of 0.0193.

The two have swapped places 1 time across 41 shared years of data; in 1980 it was South Africa ahead.

Belgium ranks 25th and South Africa ranks 28th of 183 countries.

Across the 5 decades both report, Belgium averaged higher in 4 and South Africa in 1.

Head to head by decade

Decade Belgium South Africa Difference Ahead
1980s 0.281 0.3092 0.0282 South Africa
1990s 0.5036 0.3727 0.1308 Belgium
2000s 0.6472 0.5057 0.1415 Belgium
2010s 0.6633 0.6001 0.0632 Belgium
2020s 0.6408 0.6215 0.0193 Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Belgium or South Africa?
Belgium, at 0.6408 against 0.6215 in South Africa as of 2020.
What is the difference in financial development index between Belgium and South Africa?
0.0193, with Belgium ahead.
How many years of comparable data are there for Belgium and South Africa?
41 years are reported by both, from 1980 to 2020.
How do Belgium and South Africa rank globally for financial development index?
Belgium ranks 25th and South Africa ranks 28th 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 South Africa: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/belgium/south-africa/

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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.