Hong Kong vs Spain: Financial Development Index
Financial Development Index over time
- Hong Kong
- Spain
How they compare
Spain currently reports 0.8267 against 0.7794 in Hong Kong, a difference of 0.0473.
That makes Spain's figure about 1.1 times Hong Kong's.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Hong Kong ahead.
Hong Kong ranks 10th and Spain ranks 8th of 183 countries.
Across the 5 decades both report, Hong Kong averaged higher in 2 and Spain in 3.
Head to head by decade
| Decade | Hong Kong | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4486 | 0.3064 | 0.1423 | Hong Kong |
| 1990s | 0.5949 | 0.5616 | 0.0333 | Hong Kong |
| 2000s | 0.736 | 0.8513 | 0.1153 | Spain |
| 2010s | 0.7643 | 0.8514 | 0.0871 | Spain |
| 2020s | 0.7794 | 0.8267 | 0.0473 | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Hong Kong or Spain?
- Spain, at 0.8267 against 0.7794 in Hong Kong as of 2020.
- What is the difference in financial development index between Hong Kong and Spain?
- 0.0473, with Spain ahead.
- How many years of comparable data are there for Hong Kong and Spain?
- 41 years are reported by both, from 1980 to 2020.
- How do Hong Kong and Spain rank globally for financial development index?
- Hong Kong ranks 10th and Spain ranks 8th 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.