Australia vs Korea: Financial Institutions Index
Financial Institutions Index over time
- Australia
- Korea
How they compare
Australia currently reports 0.8972 against 0.8546 in Korea, a difference of 0.0426.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Korea ahead.
Australia ranks 5th and Korea ranks 8th of 183 countries.
Across the 5 decades both report, Australia averaged higher in 4 and Korea in 1.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5845 | 0.6089 | 0.0244 | Korea |
| 1990s | 0.8765 | 0.6447 | 0.2319 | Australia |
| 2000s | 0.9467 | 0.7591 | 0.1876 | Australia |
| 2010s | 0.9492 | 0.8082 | 0.141 | Australia |
| 2020s | 0.8972 | 0.8546 | 0.0426 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Australia or Korea?
- Australia, at 0.8972 against 0.8546 in Korea as of 2020.
- What is the difference in financial institutions index between Australia and Korea?
- 0.0426, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 41 years are reported by both, from 1980 to 2020.
- How do Australia and Korea rank globally for financial institutions index?
- Australia ranks 5th and Korea ranks 8th 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.