Cyprus vs Greece: Financial Development Index

Cyprus
0.4946
in 2020
Greece
0.4822
in 2020
Cyprus rank
37th
Greece rank
40th

Financial Development Index over time

  • Cyprus
  • Greece
00.20.40.6198020002020

How they compare

Cyprus currently reports 0.4946 against 0.4822 in Greece, a difference of 0.0124.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Cyprus ahead.

Cyprus ranks 37th and Greece ranks 40th of 183 countries.

Across the 5 decades both report, Cyprus averaged higher in 4 and Greece in 1.

Head to head by decade

Decade Cyprus Greece Difference Ahead
1980s 0.3425 0.1693 0.1733 Cyprus
1990s 0.4465 0.3875 0.059 Cyprus
2000s 0.5813 0.5467 0.0346 Cyprus
2010s 0.5244 0.5534 0.029 Greece
2020s 0.4946 0.4822 0.0123 Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Cyprus or Greece?
Cyprus, at 0.4946 against 0.4822 in Greece as of 2020.
What is the difference in financial development index between Cyprus and Greece?
0.0124, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Greece?
41 years are reported by both, from 1980 to 2020.
How do Cyprus and Greece rank globally for financial development index?
Cyprus ranks 37th and Greece ranks 40th 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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Cyprus vs Greece: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/cyprus/greece/

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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.