South Korea vs Spain: Financial Development Index
Financial Development Index over time
- South Korea
- Spain
How they compare
South Korea currently reports 0.8316 against 0.8267 in Spain, a difference of 0.0049.
The two have swapped places 4 times across 41 shared years of data; in 1980 it was South Korea ahead.
South Korea ranks 7th and Spain ranks 8th of 183 countries.
Across the 5 decades both report, South Korea averaged higher in 3 and Spain in 2.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4897 | 0.3064 | 0.1834 | South Korea |
| 1990s | 0.587 | 0.5616 | 0.0254 | South Korea |
| 2000s | 0.7907 | 0.8513 | 0.0606 | Spain |
| 2010s | 0.8324 | 0.8514 | 0.019 | Spain |
| 2020s | 0.8316 | 0.8267 | 0.0049 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, South Korea or Spain?
- South Korea, at 0.8316 against 0.8267 in Spain as of 2020.
- What is the difference in financial development index between South Korea and Spain?
- 0.0049, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 41 years are reported by both, from 1980 to 2020.
- How do South Korea and Spain rank globally for financial development index?
- South Korea ranks 7th 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.