Canada vs Latin America and the Caribbean (LAC): Financial Institutions Depth Index
Financial Institutions Depth Index over time
- Canada
- Latin America and the Caribbean (LAC)
How they compare
Canada currently reports 0.9534 against 0.3423 in Latin America and the Caribbean (LAC), a difference of 0.6111.
That makes Canada's figure about 2.8 times Latin America and the Caribbean (LAC)'s.
Across all 41 years both countries report, Canada has been ahead every year.
Canada ranks 6th and Latin America and the Caribbean (LAC) ranks 3rd of 183 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Latin America and the Caribbean (LAC) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4542 | 0.1616 | 0.2926 | Canada |
| 1990s | 0.7775 | 0.209 | 0.5685 | Canada |
| 2000s | 0.8976 | 0.268 | 0.6296 | Canada |
| 2010s | 0.9402 | 0.2988 | 0.6414 | Canada |
| 2020s | 0.9534 | 0.3423 | 0.6111 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, Canada or Latin America and the Caribbean (LAC)?
- Canada, at 0.9534 against 0.3423 in Latin America and the Caribbean (LAC) as of 2020.
- What is the difference in financial institutions depth index between Canada and Latin America and the Caribbean (LAC)?
- 0.6111, with Canada ahead.
- How many years of comparable data are there for Canada and Latin America and the Caribbean (LAC)?
- 41 years are reported by both, from 1980 to 2020.
- How do Canada and Latin America and the Caribbean (LAC) rank globally for financial institutions depth index?
- Canada ranks 6th and Latin America and the Caribbean (LAC) ranks 3rd 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.