Low-Income and Developing Countries vs Spain: Financial Development Index

Low-Income and Developing Countries
0.1425
in 2020
Spain
0.8267
in 2020
Low-Income and Developing Countries rank
9th
Spain rank
8th

Financial Development Index over time

  • Low-Income and Developing Countries
  • Spain
00.20.40.60.81198020002020

How they compare

Spain currently reports 0.8267 against 0.1425 in Low-Income and Developing Countries, a difference of 0.6842.

That makes Spain's figure about 5.8 times Low-Income and Developing Countries's.

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

Low-Income and Developing Countries ranks 9th and Spain ranks 8th of 9 groups.

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

Head to head by decade

Decade Low-Income and Developing Countries Spain Difference Ahead
1980s 0.0819 0.3064 0.2245 Spain
1990s 0.097 0.5616 0.4646 Spain
2000s 0.1107 0.8513 0.7406 Spain
2010s 0.132 0.8514 0.7194 Spain
2020s 0.1425 0.8267 0.6842 Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Low-Income and Developing Countries or Spain?
Spain, at 0.8267 against 0.1425 in Low-Income and Developing Countries as of 2020.
What is the difference in financial development index between Low-Income and Developing Countries and Spain?
0.6842, with Spain ahead.
How many years of comparable data are there for Low-Income and Developing Countries and Spain?
41 years are reported by both, from 1980 to 2020.
How do Low-Income and Developing Countries and Spain rank globally for financial development index?
Low-Income and Developing Countries ranks 9th and Spain ranks 8th of 9 groups.
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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Low-Income and Developing Countries vs Spain: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/low-income-and-developing-countries/spain/

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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.