Financial Development Index in Spain
Spain: Financial Development Index was 0.8267 in 2020. β² Rising
Financial Development Index in Spain, 1980β2020
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.
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
- 5 United Kingdom 0.8908 compare
- 6 Canada 0.8485 compare
- 7 Republic of Korea 0.8316 compare
- 9 France 0.801 compare
- 10 Hong Kong (China) 0.7794 compare
- 11 Italy 0.7732 compare
More financial sector data for Spain
- Net domestic credit (current LCU), per capita 43,758 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.24 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 0.2467 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 316.86 million SDR (2025)
- Gold reserves at market value 28.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 50.39 billion SDR (2025)
- Reserves excluding gold 65.02 billion SDR (2025)
- Total reserves (gold at market value) 93.90 billion SDR (2025)
- Total reserves (gold at national valuation) 93.52 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,895 SDR per person (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 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.