Canada vs Japan: Financial Institutions Depth Index

Canada
0.9534
in 2020
Japan
0.8922
in 2020
Canada rank
6th
Japan rank
8th

Financial Institutions Depth Index over time

  • Canada
  • Japan
00.20.40.60.81198020002020

How they compare

Canada currently reports 0.9534 against 0.8922 in Japan, a difference of 0.0612.

That makes Canada's figure about 1.1 times Japan's.

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

Canada ranks 6th and Japan ranks 8th of 183 countries.

Across the 5 decades both report, Canada averaged higher in 4 and Japan in 1.

Head to head by decade

Decade Canada Japan Difference Ahead
1980s 0.4542 0.5761 0.1219 Japan
1990s 0.7775 0.6347 0.1428 Canada
2000s 0.8976 0.6189 0.2787 Canada
2010s 0.9402 0.7597 0.1805 Canada
2020s 0.9534 0.8922 0.0613 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Canada or Japan?
Canada, at 0.9534 against 0.8922 in Japan as of 2020.
What is the difference in financial institutions depth index between Canada and Japan?
0.0612, with Canada ahead.
How many years of comparable data are there for Canada and Japan?
41 years are reported by both, from 1980 to 2020.
How do Canada and Japan rank globally for financial institutions depth index?
Canada ranks 6th and Japan ranks 8th 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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Canada vs Japan: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/canada/japan/

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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.