Korea vs United Kingdom: Financial Development Index
Financial Development Index over time
- Korea
- United Kingdom
How they compare
United Kingdom currently reports 0.8908 against 0.8316 in Korea, a difference of 0.0592.
That makes United Kingdom's figure about 1.1 times Korea's.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was United Kingdom ahead.
Korea ranks 7th and United Kingdom ranks 5th of 183 countries.
United Kingdom has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Korea | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4897 | 0.5028 | 0.013 | United Kingdom |
| 1990s | 0.587 | 0.6871 | 0.1001 | United Kingdom |
| 2000s | 0.7907 | 0.8865 | 0.0958 | United Kingdom |
| 2010s | 0.8324 | 0.8935 | 0.0611 | United Kingdom |
| 2020s | 0.8316 | 0.8908 | 0.0593 | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Korea or United Kingdom?
- United Kingdom, at 0.8908 against 0.8316 in Korea as of 2020.
- What is the difference in financial development index between Korea and United Kingdom?
- 0.0592, with United Kingdom ahead.
- How many years of comparable data are there for Korea and United Kingdom?
- 41 years are reported by both, from 1980 to 2020.
- How do Korea and United Kingdom rank globally for financial development index?
- Korea ranks 7th and United Kingdom ranks 5th 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.