Iceland vs India: Financial Development Index
Financial Development Index over time
- Iceland
- India
How they compare
India currently reports 0.5158 against 0.4828 in Iceland, a difference of 0.033.
That makes India's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Iceland ahead.
Iceland ranks 38th and India ranks 36th of 183 countries.
Across the 5 decades both report, Iceland averaged higher in 4 and India in 1.
Head to head by decade
| Decade | Iceland | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3123 | 0.1663 | 0.146 | Iceland |
| 1990s | 0.4133 | 0.3547 | 0.0586 | Iceland |
| 2000s | 0.5864 | 0.4372 | 0.1492 | Iceland |
| 2010s | 0.5266 | 0.4295 | 0.0971 | Iceland |
| 2020s | 0.4828 | 0.5158 | 0.033 | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Iceland or India?
- India, at 0.5158 against 0.4828 in Iceland as of 2020.
- What is the difference in financial development index between Iceland and India?
- 0.033, with India ahead.
- How many years of comparable data are there for Iceland and India?
- 41 years are reported by both, from 1980 to 2020.
- How do Iceland and India rank globally for financial development index?
- Iceland ranks 38th and India ranks 36th 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.