Financial Development Index

The World Economic Forum publishes a Financial Development Index annually, which measures and analyses the factors enabling the development of financial systems in a number of economies around the world. It aims to provide a comprehensive means for countries to benchmark various aspects of their financial systems and establish priorities for improvement.

The Financial Development Index is developed by the World Economic Forum in collaboration with the academic community, multilateral organizations and business leaders. It assembles a vast amount of data to create an assessment of the different aspects of complex financial systems, including the institutional environment, the business environment, financial stability, banks, capital markets, and overall capital availability and access.

Financial Development Index 2012

The following is a ranking of the top 30 economies in the Financial Development Index. The full rankings can be found in the World Economic Forum's website.

1. Hong Kong
2. United States
3. United Kingdom
4. Singapore
5. Australia
6. Canada
7. Japan
8. Switzerland
9. Netherlands
10. Sweden
11. Germany
12. Denmark
13. Norway
14. France
15. South Korea
16. Belgium
17. Finland
18. Malaysia
19. Spain
20. Iceland
21. Kuwait
22. Austria
23. China
24. Israel
25. Bahrain
26. United Arab Emirates
27. Portugal
28. South Africa
29. Chile
30. Italy