Middle East and Central Asia vs Spain: Financial Development Index

Middle East and Central Asia
0.266
in 2020
Spain
0.8267
in 2020
Middle East and Central Asia rank
7th
Spain rank
8th

Financial Development Index over time

  • Middle East and Central Asia
  • Spain
0.20.40.60.81198020002020

How they compare

Spain currently reports 0.8267 against 0.266 in Middle East and Central Asia, a difference of 0.5607.

That makes Spain's figure about 3.1 times Middle East and Central Asia's.

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

Middle East and Central Asia ranks 7th 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 Middle East and Central Asia Spain Difference Ahead
1980s 0.1383 0.3064 0.1681 Spain
1990s 0.1771 0.5616 0.3845 Spain
2000s 0.2316 0.8513 0.6197 Spain
2010s 0.2506 0.8514 0.6008 Spain
2020s 0.266 0.8267 0.5607 Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Middle East and Central Asia or Spain?
Spain, at 0.8267 against 0.266 in Middle East and Central Asia as of 2020.
What is the difference in financial development index between Middle East and Central Asia and Spain?
0.5607, with Spain ahead.
How many years of comparable data are there for Middle East and Central Asia and Spain?
41 years are reported by both, from 1980 to 2020.
How do Middle East and Central Asia and Spain rank globally for financial development index?
Middle East and Central Asia ranks 7th 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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Middle East and Central Asia vs Spain: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/middle-east-and-central-asia/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.