Colombia vs Iceland: Financial Markets Index

Colombia
0.3068
in 2020
Iceland
0.2842
in 2020
Colombia rank
54th
Iceland rank
56th

Financial Markets Index over time

  • Colombia
  • Iceland
00.10.20.3198020002020

How they compare

Colombia currently reports 0.3068 against 0.2842 in Iceland, a difference of 0.0226.

That makes Colombia's figure about 1.1 times Iceland's.

The two have swapped places 7 times across 41 shared years of data; in 1980 it was Iceland ahead.

Colombia ranks 54th and Iceland ranks 56th of 183 countries.

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

Head to head by decade

Decade Colombia Iceland Difference Ahead
1980s 0.0631 0.1679 0.1049 Iceland
1990s 0.1114 0.195 0.0836 Iceland
2000s 0.2859 0.3276 0.0416 Iceland
2010s 0.3036 0.3035 0 Colombia
2020s 0.3068 0.2842 0.0226 Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets index, Colombia or Iceland?
Colombia, at 0.3068 against 0.2842 in Iceland as of 2020.
What is the difference in financial markets index between Colombia and Iceland?
0.0226, with Colombia ahead.
How many years of comparable data are there for Colombia and Iceland?
41 years are reported by both, from 1980 to 2020.
How do Colombia and Iceland rank globally for financial markets index?
Colombia ranks 54th and Iceland ranks 56th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Markets Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Iceland: Financial Markets Index. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-index/colombia/iceland/

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About this data

Indicator
Financial Markets 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.