Finland vs Norway: Financial Development Index
Financial Development Index over time
- Finland
- Norway
How they compare
Norway currently reports 0.6614 against 0.642 in Finland, a difference of 0.0194.
The two have swapped places 7 times across 41 shared years of data; in 1980 it was Finland ahead.
Finland ranks 24th and Norway ranks 21st of 183 countries.
Across the 5 decades both report, Finland averaged higher in 1 and Norway in 4.
Head to head by decade
| Decade | Finland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3166 | 0.2643 | 0.0523 | Finland |
| 1990s | 0.4125 | 0.4545 | 0.0419 | Norway |
| 2000s | 0.558 | 0.6698 | 0.1118 | Norway |
| 2010s | 0.6431 | 0.6827 | 0.0396 | Norway |
| 2020s | 0.642 | 0.6614 | 0.0194 | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Finland or Norway?
- Norway, at 0.6614 against 0.642 in Finland as of 2020.
- What is the difference in financial development index between Finland and Norway?
- 0.0194, with Norway ahead.
- How many years of comparable data are there for Finland and Norway?
- 41 years are reported by both, from 1980 to 2020.
- How do Finland and Norway rank globally for financial development index?
- Finland ranks 24th and Norway ranks 21st 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.