Denmark vs Finland: Financial Development Index

Denmark
0.659
in 2020
Finland
0.642
in 2020
Denmark rank
22nd
Finland rank
24th

Financial Development Index over time

  • Denmark
  • Finland
0.20.30.40.50.60.7198020002020

How they compare

Denmark currently reports 0.659 against 0.642 in Finland, a difference of 0.017.

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

Denmark ranks 22nd and Finland ranks 24th of 183 countries.

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

Head to head by decade

Decade Denmark Finland Difference Ahead
1980s 0.3756 0.3166 0.0589 Denmark
1990s 0.5677 0.4125 0.1552 Denmark
2000s 0.6789 0.558 0.1209 Denmark
2010s 0.6882 0.6431 0.0451 Denmark
2020s 0.659 0.642 0.017 Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Denmark or Finland?
Denmark, at 0.659 against 0.642 in Finland as of 2020.
What is the difference in financial development index between Denmark and Finland?
0.017, with Denmark ahead.
How many years of comparable data are there for Denmark and Finland?
41 years are reported by both, from 1980 to 2020.
How do Denmark and Finland rank globally for financial development index?
Denmark ranks 22nd and Finland ranks 24th 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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Denmark vs Finland: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/denmark/finland/

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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.