Korea vs Spain: Financial Institutions Index
Financial Institutions Index over time
- Korea
- Spain
How they compare
Korea currently reports 0.8546 against 0.8103 in Spain, a difference of 0.0443.
That makes Korea's figure about 1.1 times Spain's.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was Korea ahead.
Korea ranks 8th and Spain ranks 11th of 183 countries.
Across the 5 decades both report, Korea averaged higher in 2 and Spain in 3.
Head to head by decade
| Decade | Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.6089 | 0.4632 | 0.1457 | Korea |
| 1990s | 0.6447 | 0.706 | 0.0614 | Spain |
| 2000s | 0.7591 | 0.8494 | 0.0903 | Spain |
| 2010s | 0.8082 | 0.8233 | 0.0151 | Spain |
| 2020s | 0.8546 | 0.8103 | 0.0442 | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions index, Korea or Spain?
- Korea, at 0.8546 against 0.8103 in Spain as of 2020.
- What is the difference in financial institutions index between Korea and Spain?
- 0.0443, with Korea ahead.
- How many years of comparable data are there for Korea and Spain?
- 41 years are reported by both, from 1980 to 2020.
- How do Korea and Spain rank globally for financial institutions index?
- Korea ranks 8th and Spain ranks 11th 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.