South Korea vs Middle East and Central Asia: Financial Institutions Depth Index
Financial Institutions Depth Index over time
- South Korea
- Middle East and Central Asia
How they compare
South Korea currently reports 0.8892 against 0.1419 in Middle East and Central Asia, a difference of 0.7473.
That makes South Korea's figure about 6.3 times Middle East and Central Asia's.
Across all 41 years both countries report, South Korea has been ahead every year.
South Korea ranks 9th and Middle East and Central Asia ranks 7th of 183 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Korea | Middle East and Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4466 | 0.0694 | 0.3772 | South Korea |
| 1990s | 0.4765 | 0.0759 | 0.4006 | South Korea |
| 2000s | 0.6419 | 0.0981 | 0.5438 | South Korea |
| 2010s | 0.7619 | 0.1202 | 0.6417 | South Korea |
| 2020s | 0.8892 | 0.1419 | 0.7473 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, South Korea or Middle East and Central Asia?
- South Korea, at 0.8892 against 0.1419 in Middle East and Central Asia as of 2020.
- What is the difference in financial institutions depth index between South Korea and Middle East and Central Asia?
- 0.7473, with South Korea ahead.
- How many years of comparable data are there for South Korea and Middle East and Central Asia?
- 41 years are reported by both, from 1980 to 2020.
- How do South Korea and Middle East and Central Asia rank globally for financial institutions depth index?
- South Korea ranks 9th and Middle East and Central Asia ranks 7th 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.