Republic of Korea vs Middle East and Central Asia: Financial Institutions Index

Republic of Korea
0.8546
in 2020
Middle East and Central Asia
0.3513
in 2020
Republic of Korea rank
8th
Middle East and Central Asia rank
7th

Financial Institutions Index over time

  • Republic of Korea
  • Middle East and Central Asia
0.20.40.60.8198020002020

How they compare

Republic of Korea currently reports 0.8546 against 0.3513 in Middle East and Central Asia, a difference of 0.5033.

That makes Republic of Korea's figure about 2.4 times Middle East and Central Asia's.

Across all 41 years both countries report, Republic of Korea has been ahead every year.

Republic of Korea ranks 8th and Middle East and Central Asia ranks 7th of 183 countries.

Republic of Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Republic of Korea Middle East and Central Asia Difference Ahead
1980s 0.6089 0.1815 0.4274 Republic of Korea
1990s 0.6447 0.2275 0.4171 Republic of Korea
2000s 0.7591 0.2654 0.4938 Republic of Korea
2010s 0.8082 0.3212 0.487 Republic of Korea
2020s 0.8546 0.3513 0.5032 Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions index, Republic of Korea or Middle East and Central Asia?
Republic of Korea, at 0.8546 against 0.3513 in Middle East and Central Asia as of 2020.
What is the difference in financial institutions index between Republic of Korea and Middle East and Central Asia?
0.5033, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Middle East and Central Asia?
41 years are reported by both, from 1980 to 2020.
How do Republic of Korea and Middle East and Central Asia rank globally for financial institutions index?
Republic of Korea ranks 8th and Middle East and Central Asia ranks 7th 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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Republic of Korea vs Middle East and Central Asia: Financial Institutions Index. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-index/korea-rep/middle-east-and-central-asia/

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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.