Israel vs Türkiye: Financial Development Index

Israel
0.5926
in 2020
Türkiye
0.5395
in 2020
Israel rank
30th
Türkiye rank
31st

Financial Development Index over time

  • Israel
  • Türkiye
0.20.40.6198020002020

How they compare

Israel currently reports 0.5926 against 0.5395 in Türkiye, a difference of 0.0531.

That makes Israel's figure about 1.1 times Türkiye's.

Across all 41 years both countries report, Israel has been ahead every year.

Israel ranks 30th and Türkiye ranks 31st of 183 countries.

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

Head to head by decade

Decade Israel Türkiye Difference Ahead
1980s 0.4267 0.1711 0.2555 Israel
1990s 0.4405 0.2843 0.1562 Israel
2000s 0.5282 0.4097 0.1185 Israel
2010s 0.5858 0.5079 0.0779 Israel
2020s 0.5926 0.5395 0.053 Israel

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Israel or Türkiye?
Israel, at 0.5926 against 0.5395 in Türkiye as of 2020.
What is the difference in financial development index between Israel and Türkiye?
0.0531, with Israel ahead.
How many years of comparable data are there for Israel and Türkiye?
41 years are reported by both, from 1980 to 2020.
How do Israel and Türkiye rank globally for financial development index?
Israel ranks 30th and Türkiye ranks 31st 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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Israel vs Türkiye: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/israel/turkiye/

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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.