Russian Federation vs Türkiye: Financial Development Index
Financial Development Index over time
- Russian Federation
- Türkiye
How they compare
Türkiye currently reports 0.5395 against 0.5305 in Russian Federation, a difference of 0.009.
The two have swapped places 4 times across 41 shared years of data; in 1980 it was Türkiye ahead.
Russian Federation ranks 34th and Türkiye ranks 31st of 183 countries.
Across the 5 decades both report, Russian Federation averaged higher in 2 and Türkiye in 3.
Head to head by decade
| Decade | Russian Federation | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0001 | 0.1711 | 0.1711 | Türkiye |
| 1990s | 0.387 | 0.2843 | 0.1027 | Russian Federation |
| 2000s | 0.5054 | 0.4097 | 0.0956 | Russian Federation |
| 2010s | 0.4929 | 0.5079 | 0.015 | Türkiye |
| 2020s | 0.5305 | 0.5395 | 0.009 | Türkiye |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, Russian Federation or Türkiye?
- Türkiye, at 0.5395 against 0.5305 in Russian Federation as of 2020.
- What is the difference in financial development index between Russian Federation and Türkiye?
- 0.009, with Türkiye ahead.
- How many years of comparable data are there for Russian Federation and Türkiye?
- 41 years are reported by both, from 1980 to 2020.
- How do Russian Federation and Türkiye rank globally for financial development index?
- Russian Federation ranks 34th and Türkiye ranks 31st 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.