Colombia vs Mexico: Financial Development Index
Colombia
0.3943
in 2020
Mexico
0.407
in 2020
Colombia rank
55th
Mexico rank
53rd
Financial Development Index over time
- Colombia
- Mexico
How they compare
Mexico currently reports 0.407 against 0.3943 in Colombia, a difference of 0.0127.
Across all 41 years both countries report, Mexico has been ahead every year.
Colombia ranks 55th and Mexico ranks 53rd of 183 countries.
Mexico has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Colombia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.12 | 0.3041 | 0.1841 | Mexico |
| 1990s | 0.1588 | 0.2856 | 0.1269 | Mexico |
| 2000s | 0.2931 | 0.332 | 0.0388 | Mexico |
| 2010s | 0.3703 | 0.3858 | 0.0155 | Mexico |
| 2020s | 0.3943 | 0.407 | 0.0127 | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Colombia or Mexico?
- Mexico, at 0.407 against 0.3943 in Colombia as of 2020.
- What is the difference in financial development index between Colombia and Mexico?
- 0.0127, with Mexico ahead.
- How many years of comparable data are there for Colombia and Mexico?
- 41 years are reported by both, from 1980 to 2020.
- How do Colombia and Mexico rank globally for financial development index?
- Colombia ranks 55th and Mexico ranks 53rd 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.