South Africa vs Türkiye: Financial Development Index
Financial Development Index over time
- South Africa
- Türkiye
How they compare
South Africa currently reports 0.6215 against 0.5395 in Türkiye, a difference of 0.082.
That makes South Africa's figure about 1.2 times Türkiye's.
Across all 41 years both countries report, South Africa has been ahead every year.
South Africa ranks 28th and Türkiye ranks 31st of 183 countries.
South Africa has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Africa | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3092 | 0.1711 | 0.1381 | South Africa |
| 1990s | 0.3727 | 0.2843 | 0.0885 | South Africa |
| 2000s | 0.5057 | 0.4097 | 0.0959 | South Africa |
| 2010s | 0.6001 | 0.5079 | 0.0922 | South Africa |
| 2020s | 0.6215 | 0.5395 | 0.082 | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial development index, South Africa or Türkiye?
- South Africa, at 0.6215 against 0.5395 in Türkiye as of 2020.
- What is the difference in financial development index between South Africa and Türkiye?
- 0.082, with South Africa ahead.
- How many years of comparable data are there for South Africa and Türkiye?
- 41 years are reported by both, from 1980 to 2020.
- How do South Africa and Türkiye rank globally for financial development index?
- South Africa ranks 28th 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.