Canada vs Europe: Financial Institutions Index
Financial Institutions Index over time
- Canada
- Europe
How they compare
Canada currently reports 0.9121 against 0.5945 in Europe, a difference of 0.3176.
That makes Canada's figure about 1.5 times Europe's.
Across all 41 years both countries report, Canada has been ahead every year.
Canada ranks 3rd and Europe ranks 2nd of 183 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Europe | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5995 | 0.3068 | 0.2926 | Canada |
| 1990s | 0.7284 | 0.4586 | 0.2698 | Canada |
| 2000s | 0.8159 | 0.5716 | 0.2443 | Canada |
| 2010s | 0.922 | 0.6184 | 0.3036 | Canada |
| 2020s | 0.9121 | 0.5945 | 0.3176 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Canada or Europe?
- Canada, at 0.9121 against 0.5945 in Europe as of 2020.
- What is the difference in financial institutions index between Canada and Europe?
- 0.3176, with Canada ahead.
- How many years of comparable data are there for Canada and Europe?
- 41 years are reported by both, from 1980 to 2020.
- How do Canada and Europe rank globally for financial institutions index?
- Canada ranks 3rd and Europe ranks 2nd 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.