The
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
publishes a Financial Development Index annually, which measures and analyses the factors enabling the development of
financial system
A financial system is a system that allows the exchange of funds between financial market participants such as lenders, investors, and borrowers. Financial systems operate at national and global levels. Financial institutions consist of complex, c ...
s among different
economies
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...
. It provides a comprehensive means for economies to benchmark various aspects of their financial systems.
First published in 2008,
the Financial Development Index was developed by the World Economic Forum in collaboration with the academics, international organizations and business leaders.
Financial Development Index 2010
The following is a ranking of the top ten:
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References
{{Finance country lists
Lists of countries by economic indicator