Canada vs Korea: Financial Institutions Depth Index
Financial Institutions Depth Index over time
- Canada
- Korea
How they compare
Canada currently reports 0.9534 against 0.8892 in Korea, a difference of 0.0642.
That makes Canada's figure about 1.1 times Korea's.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Korea ahead.
Canada ranks 6th and Korea ranks 9th of 183 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4542 | 0.4466 | 0.0076 | Canada |
| 1990s | 0.7775 | 0.4765 | 0.301 | Canada |
| 2000s | 0.8976 | 0.6419 | 0.2558 | Canada |
| 2010s | 0.9402 | 0.7619 | 0.1783 | Canada |
| 2020s | 0.9534 | 0.8892 | 0.0643 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, Canada or Korea?
- Canada, at 0.9534 against 0.8892 in Korea as of 2020.
- What is the difference in financial institutions depth index between Canada and Korea?
- 0.0642, with Canada ahead.
- How many years of comparable data are there for Canada and Korea?
- 41 years are reported by both, from 1980 to 2020.
- How do Canada and Korea rank globally for financial institutions depth index?
- Canada ranks 6th and Korea ranks 9th 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.