Republic of Korea vs Middle East and Central Asia: Financial Development Index
Financial Development Index over time
- Republic of Korea
- Middle East and Central Asia
How they compare
Republic of Korea currently reports 0.8316 against 0.266 in Middle East and Central Asia, a difference of 0.5656.
That makes Republic of Korea's figure about 3.1 times Middle East and Central Asia's.
Across all 41 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 7th and Middle East and Central Asia ranks 7th of 183 countries.
Republic of Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Republic of Korea | Middle East and Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4897 | 0.1383 | 0.3515 | Republic of Korea |
| 1990s | 0.587 | 0.1771 | 0.4099 | Republic of Korea |
| 2000s | 0.7907 | 0.2316 | 0.5591 | Republic of Korea |
| 2010s | 0.8324 | 0.2506 | 0.5818 | Republic of Korea |
| 2020s | 0.8316 | 0.266 | 0.5656 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Republic of Korea or Middle East and Central Asia?
- Republic of Korea, at 0.8316 against 0.266 in Middle East and Central Asia as of 2020.
- What is the difference in financial development index between Republic of Korea and Middle East and Central Asia?
- 0.5656, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Middle East and Central Asia?
- 41 years are reported by both, from 1980 to 2020.
- How do Republic of Korea and Middle East and Central Asia rank globally for financial development index?
- Republic of Korea ranks 7th and Middle East and Central Asia ranks 7th 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.