Africa vs South Korea: Financial Institutions Index
Financial Institutions Index over time
- Africa
- South Korea
How they compare
South Korea currently reports 0.8546 against 0.2479 in Africa, a difference of 0.6067.
That makes South Korea's figure about 3.4 times Africa's.
Across all 41 years both countries report, South Korea has been ahead every year.
Africa ranks 9th and South Korea ranks 8th of 9 groups.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Africa | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.1514 | 0.6089 | 0.4576 | South Korea |
| 1990s | 0.1744 | 0.6447 | 0.4703 | South Korea |
| 2000s | 0.1924 | 0.7591 | 0.5668 | South Korea |
| 2010s | 0.2349 | 0.8082 | 0.5733 | South Korea |
| 2020s | 0.2479 | 0.8546 | 0.6067 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Africa or South Korea?
- South Korea, at 0.8546 against 0.2479 in Africa as of 2020.
- What is the difference in financial institutions index between Africa and South Korea?
- 0.6067, with South Korea ahead.
- How many years of comparable data are there for Africa and South Korea?
- 41 years are reported by both, from 1980 to 2020.
- How do Africa and South Korea rank globally for financial institutions index?
- Africa ranks 9th and South Korea ranks 8th of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Financial Institutions 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.