Republic of Korea vs South Africa: Financial Institutions Depth Index

Republic of Korea
0.8892
in 2020
South Africa
0.8781
in 2020
Republic of Korea rank
9th
South Africa rank
10th

Financial Institutions Depth Index over time

  • Republic of Korea
  • South Africa
00.20.40.60.8198020002020

How they compare

Republic of Korea currently reports 0.8892 against 0.8781 in South Africa, a difference of 0.0111.

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

Republic of Korea ranks 9th and South Africa ranks 10th of 183 countries.

Across the 5 decades both report, Republic of Korea averaged higher in 1 and South Africa in 4.

Head to head by decade

Decade Republic of Korea South Africa Difference Ahead
1980s 0.4466 0.6288 0.1822 South Africa
1990s 0.4765 0.6576 0.1811 South Africa
2000s 0.6419 0.7594 0.1176 South Africa
2010s 0.7619 0.8592 0.0973 South Africa
2020s 0.8892 0.8781 0.011 Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions depth index, Republic of Korea or South Africa?
Republic of Korea, at 0.8892 against 0.8781 in South Africa as of 2020.
What is the difference in financial institutions depth index between Republic of Korea and South Africa?
0.0111, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and South Africa?
41 years are reported by both, from 1980 to 2020.
How do Republic of Korea and South Africa rank globally for financial institutions depth index?
Republic of Korea ranks 9th and South Africa ranks 10th 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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Republic of Korea vs South Africa: Financial Institutions Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-depth-index/korea-rep/south-africa/

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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.