Japan vs Republic of Korea: Financial Markets Depth Index

Japan
0.928
in 2020
Republic of Korea
0.8193
in 2020
Japan rank
9th
Republic of Korea rank
11th

Financial Markets Depth Index over time

  • Japan
  • Republic of Korea
00.20.40.60.81198020002020

How they compare

Japan currently reports 0.928 against 0.8193 in Republic of Korea, a difference of 0.1087.

That makes Japan's figure about 1.1 times Republic of Korea's.

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

Japan ranks 9th and Republic of Korea ranks 11th of 183 countries.

Across the 5 decades both report, Japan averaged higher in 4 and Republic of Korea in 1.

Head to head by decade

Decade Japan Republic of Korea Difference Ahead
1980s 0.3245 0.1083 0.2162 Japan
1990s 0.3244 0.3039 0.0205 Japan
2000s 0.5856 0.592 0.0064 Republic of Korea
2010s 0.7921 0.7842 0.0079 Japan
2020s 0.928 0.8193 0.1087 Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets depth index, Japan or Republic of Korea?
Japan, at 0.928 against 0.8193 in Republic of Korea as of 2020.
What is the difference in financial markets depth index between Japan and Republic of Korea?
0.1087, with Japan ahead.
How many years of comparable data are there for Japan and Republic of Korea?
41 years are reported by both, from 1980 to 2020.
How do Japan and Republic of Korea rank globally for financial markets depth index?
Japan ranks 9th and Republic of Korea ranks 11th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Markets Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Republic of Korea: Financial Markets Depth Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-depth-index/japan/korea-rep/

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About this data

Indicator
Financial Markets Depth 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.