Australia vs Canada: Financial Institutions Index
Financial Institutions Index over time
- Australia
- Canada
How they compare
Canada currently reports 0.9121 against 0.8972 in Australia, a difference of 0.0149.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was Canada ahead.
Australia ranks 5th and Canada ranks 3rd of 183 countries.
Across the 5 decades both report, Australia averaged higher in 3 and Canada in 2.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5845 | 0.5995 | 0.015 | Canada |
| 1990s | 0.8765 | 0.7284 | 0.1481 | Australia |
| 2000s | 0.9467 | 0.8159 | 0.1308 | Australia |
| 2010s | 0.9492 | 0.922 | 0.0271 | Australia |
| 2020s | 0.8972 | 0.9121 | 0.0149 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Australia or Canada?
- Canada, at 0.9121 against 0.8972 in Australia as of 2020.
- What is the difference in financial institutions index between Australia and Canada?
- 0.0149, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 41 years are reported by both, from 1980 to 2020.
- How do Australia and Canada rank globally for financial institutions index?
- Australia ranks 5th and Canada ranks 3rd of 183 countries.
- 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.