Australia vs United States: Financial Institutions Depth Index
Financial Institutions Depth Index over time
- Australia
- United States
How they compare
Australia currently reports 0.8572 against 0.8272 in United States, a difference of 0.03.
Across all 41 years both countries report, Australia has been ahead every year.
Australia ranks 12th and United States ranks 13th of 183 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5926 | 0.39 | 0.2027 | Australia |
| 1990s | 0.8881 | 0.7319 | 0.1563 | Australia |
| 2000s | 0.9248 | 0.858 | 0.0668 | Australia |
| 2010s | 0.9195 | 0.8194 | 0.1001 | Australia |
| 2020s | 0.8572 | 0.8272 | 0.03 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, Australia or United States?
- Australia, at 0.8572 against 0.8272 in United States as of 2020.
- What is the difference in financial institutions depth index between Australia and United States?
- 0.03, with Australia ahead.
- How many years of comparable data are there for Australia and United States?
- 41 years are reported by both, from 1980 to 2020.
- How do Australia and United States rank globally for financial institutions depth index?
- Australia ranks 12th and United States ranks 13th of 183 countries.
- Where does this data come from?
- International Monetary Fund, published as Financial Institutions Depth 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.