Belgium vs Norway: Financial Institutions Depth Index

Belgium
0.789
in 2020
Norway
0.7505
in 2020
Belgium rank
18th
Norway rank
20th

Financial Institutions Depth Index over time

  • Belgium
  • Norway
0.20.40.60.8198020002020

How they compare

Belgium currently reports 0.789 against 0.7505 in Norway, a difference of 0.0385.

That makes Belgium's figure about 1.1 times Norway's.

The two have swapped places 1 time across 41 shared years of data; in 1980 it was Norway ahead.

Belgium ranks 18th and Norway ranks 20th of 183 countries.

Across the 5 decades both report, Belgium averaged higher in 4 and Norway in 1.

Head to head by decade

Decade Belgium Norway Difference Ahead
1980s 0.298 0.299 0.001 Norway
1990s 0.5442 0.3801 0.1641 Belgium
2000s 0.6252 0.4656 0.1596 Belgium
2010s 0.6781 0.5984 0.0797 Belgium
2020s 0.789 0.7505 0.0385 Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Belgium or Norway?
Belgium, at 0.789 against 0.7505 in Norway as of 2020.
What is the difference in financial institutions depth index between Belgium and Norway?
0.0385, with Belgium ahead.
How many years of comparable data are there for Belgium and Norway?
41 years are reported by both, from 1980 to 2020.
How do Belgium and Norway rank globally for financial institutions depth index?
Belgium ranks 18th and Norway ranks 20th 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.

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Belgium vs Norway: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/belgium/norway/

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About this data

Indicator
Financial Institutions Depth 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.