Colombia vs Turkey: Financial Institutions Index

Colombia
0.4676
in 2020
Turkey
0.4764
in 2020
Colombia rank
70th
Turkey rank
68th

Financial Institutions Index over time

  • Colombia
  • Turkey
0.10.20.30.40.5198020002020

How they compare

Turkey currently reports 0.4764 against 0.4676 in Colombia, a difference of 0.0088.

The two have swapped places 8 times across 41 shared years of data; in 1980 it was Turkey ahead.

Colombia ranks 70th and Turkey ranks 68th of 183 countries.

Across the 5 decades both report, Colombia averaged higher in 2 and Turkey in 3.

Head to head by decade

Decade Colombia Turkey Difference Ahead
1980s 0.1725 0.2167 0.0442 Turkey
1990s 0.2004 0.1804 0.0201 Colombia
2000s 0.2899 0.269 0.0209 Colombia
2010s 0.4237 0.4561 0.0324 Turkey
2020s 0.4676 0.4764 0.0088 Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions index, Colombia or Turkey?
Turkey, at 0.4764 against 0.4676 in Colombia as of 2020.
What is the difference in financial institutions index between Colombia and Turkey?
0.0088, with Turkey ahead.
How many years of comparable data are there for Colombia and Turkey?
41 years are reported by both, from 1980 to 2020.
How do Colombia and Turkey rank globally for financial institutions index?
Colombia ranks 70th and Turkey ranks 68th 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.

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Colombia vs Turkey: Financial Institutions Index. Statizoid, drawing on International Monetary Fund. Retrieved 07 October 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-index/colombia/turkiye/

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About this data

Indicator
Financial Institutions 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.