Financial Development Index in Spain
Spain: Financial Development Index was 0.8267 in 2020. ▲ Rising
Financial Development Index in Spain, 1980–2020
Source: International Monetary Fund.
Analysis
Spain recorded 0.8267 for financial development index in 2020.
That represents a change of up 1.6% on the previous year and down 1.3% over ten years.
Over the whole period, financial development index in Spain peaked at 0.9018 in 2017 and was at its lowest, 0.1272, in 1980.
That places Spain 8th out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1272 | — |
| 1981 | 0.1631 | +28.2% |
| 1982 | 0.1699 | +4.2% |
| 1983 | 0.2032 | +19.6% |
| 1984 | 0.2757 | +35.6% |
| 1985 | 0.3472 | +26.0% |
| 1986 | 0.4263 | +22.8% |
| 1987 | 0.4874 | +14.3% |
| 1988 | 0.4221 | -13.4% |
| 1989 | 0.4418 | +4.7% |
| 1990 | 0.4549 | +3.0% |
| 1991 | 0.4421 | -2.8% |
| 1992 | 0.4472 | +1.1% |
| 1993 | 0.4775 | +6.8% |
| 1994 | 0.5378 | +12.6% |
| 1995 | 0.5107 | -5.0% |
| 1996 | 0.5455 | +6.8% |
| 1997 | 0.6399 | +17.3% |
| 1998 | 0.756 | +18.1% |
| 1999 | 0.8044 | +6.4% |
| 2000 | 0.847 | +5.3% |
| 2001 | 0.8299 | -2.0% |
| 2002 | 0.8085 | -2.6% |
| 2003 | 0.8323 | +2.9% |
| 2004 | 0.8433 | +1.3% |
| 2005 | 0.8502 | +0.8% |
| 2006 | 0.8896 | +4.6% |
| 2007 | 0.892 | +0.3% |
| 2008 | 0.8442 | -5.4% |
| 2009 | 0.8762 | +3.8% |
| 2010 | 0.8379 | -4.4% |
| 2011 | 0.8265 | -1.4% |
| 2012 | 0.8245 | -0.2% |
| 2013 | 0.8431 | +2.3% |
| 2014 | 0.8773 | +4.1% |
| 2015 | 0.8756 | -0.2% |
| 2016 | 0.8703 | -0.6% |
| 2017 | 0.9018 | +3.6% |
| 2018 | 0.8433 | -6.5% |
| 2019 | 0.8138 | -3.5% |
| 2020 | 0.8267 | +1.6% |
Spain compared with similar countries
- Spain's 0.8267 is above the median for high income countries, which is 0.4828, 1.7× the median. (62 countries reporting)
- Spain's 0.8267 is above the median for Europe & Central Asia, which is 0.4521, 1.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3064 | 0.1272 | 0.4874 | 10 |
| 1990s | 0.5616 | 0.4421 | 0.8044 | 10 |
| 2000s | 0.8513 | 0.8085 | 0.892 | 10 |
| 2010s | 0.8514 | 0.8138 | 0.9018 | 10 |
| 2020s | 0.8267 | 0.8267 | 0.8267 | 1 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Spain?
- Financial development index in Spain was 0.8267 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Spain?
- The highest recorded value was 0.9018 in 2017.
- What is the lowest financial development index recorded in Spain?
- The lowest recorded value was 0.1272 in 1980.
- How does Spain rank for financial development index?
- Spain ranks 8th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Spain?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Spain 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 · JSON — 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.