Financial Development Index in Australia
Australia: Financial Development Index was 0.9076 in 2020. β² Rising
Financial Development Index in Australia, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Australia is 0.9076, measured in 2020.
The figure is up 3.0% on the previous year and down 5.0% over ten years.
Over the whole period, financial development index in Australia peaked at 0.9674 in 2007 and was at its lowest, 0.2869, in 1982.
Australia ranks 3rd of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4158 | 0.2869 | 0.5681 | 10 |
| 1990s | 0.6723 | 0.5543 | 0.8185 | 10 |
| 2000s | 0.9177 | 0.862 | 0.9674 | 10 |
| 2010s | 0.9126 | 0.8816 | 0.955 | 10 |
| 2020s | 0.9076 | 0.9076 | 0.9076 | 1 |
Countries ranked near Australia
- 1 Switzerland 0.9478 compare
- 2 Japan 0.9245 compare
- 4 United States 0.9076 compare
- 5 United Kingdom 0.8908 compare
- 6 Canada 0.8485 compare
More financial sector data for Australia
- Net domestic credit (current LCU), per capita 215,929 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 3.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.66 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 84.28 million SDR (2025)
- Gold reserves at market value 7.68 billion SDR (2025)
- Reserves excluding gold, foreign exchange 32.83 billion SDR (2025)
- Reserves excluding gold 45.36 billion SDR (2025)
- Total reserves (gold at market value) 53.04 billion SDR (2025)
- Total reserves (gold at national valuation) 53.03 billion SDR (2025)
- Domestic credit to private sector by banks 133.8% (2025)
Frequently asked questions
- What is financial development index in Australia?
- Financial development index in Australia was 0.9076 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Australia?
- The highest recorded value was 0.9674 in 2007.
- What is the lowest financial development index recorded in Australia?
- The lowest recorded value was 0.2869 in 1982.
- How does Australia rank for financial development index?
- Australia ranks 3rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Australia?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.