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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Guards stand in Mughal gardens surrounding Rashtrapati Bhavan in New Delhi.

The Financial Development Report 2011 and the Financial Development Index on which it is based provide a score and rank for the world's leading financial systems and capital markets, according to a study conducted by the World Economic Forum.

The Report defines financial development as the factors, policies, and institutions that lead to effective financial intermediation and markets, as well as deep and broad access to capital and financial services.

Based on the WEF study, let us take a look at 30 countries, including India, rated by the Index.

India

Rank (2011): 36

Rank (2010): 37

Score 1-7 (2011): 3.29

Change in score: +0.05

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Hong Kong

Rank (2011): 1

Rank (2010): 4

Score 1-7 (2011): 5.16

Change in score: +0.12

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A view of the Empire State Plaza and the State Capitol in Albany, New York.

The United States

Rank (2011): 2

Rank (2010): 1

Score 1-7 (2011): 5.15

Change in score: +0.03

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Traffic on the road and the Thames passes the Houses of Parliament in London.

The United Kingdom

Rank (2011): 3

Rank (2010): 2

Score 1-7 (2011): 5.00

Change in score: -0.07

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Singapore

Rank (2011): 4

Rank (2010): 3

Score 1-7 (2011): 4.97

Change in score: -0.08

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

An aerial view of Sydney's Opera House and Circular Quay.

Australia

Rank (2011): 5

Rank (2010): 5

Score 1-7 (2011): 4.93

Change in score: -0.08

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A reporter leans over the edge of the catwalk during the media preview for the 'EdgeWalk' on the CN Tower in Toronto.

Canada

Rank (2011): 6

Rank (2010): 6

Score 1-7 (2011): 4.88

Change in score: -0.11

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

The Netherlands

Rank (2011): 7

Rank (2010): 7

Score 1-7 (2011): 4.71

Change in score: -0.04

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Japan

Rank (2011): 8

Rank (2010): 9

Score 1-7 (2011): 4.71

Change in score: +0.05

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

People sit in a boat on the Limmat River during sunny summer weather in Zurich.

Switzerland

Rank (2011): 9

Rank (2010): 8

Score 1-7 (2011): 4.63

Change in score: -0.09

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A skier makes her way through the snow on the outskirts of Oslo.

Norway

Rank (2011): 10

Rank (2010): 15

Score 1-7 (2011): 4.52

Change in score: +0.18

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Pedestrians walk down the main shopping street in Stockholm's Gamla Stan or Old Town district.

Sweden

Rank (2011): 11

Rank (2010): 12

Score 1-7 (2011): 4.51

Change in score: -0.09

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

The 'First Tower' is seen in the business district of La Defense, near Paris.

France

Rank (2011): 12

Rank (2010): 11

Score 1-7 (2011): 4.44

Change in score: -0.19

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Tourists walk on Brussels' famous Grand Place.

Belgium

Rank (2011): 13

Rank (2010): 10

Score 1-7 (2011): 4.38

Change in score: -0.26

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Germany

Rank (2011): 14

Rank (2010): 13

Score 1-7 (2011): 4.33

Change in score: -0.16

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Boats are seen anchored at the 17th century Nyhavn district in Copenhagen.

Denmark

Rank (2011): 15

Rank (2010): 16

Score 1-7 (2011): 4.30

Change in score: +0.00

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A view of KLCC Park in central Kuala Lumpur.

Malaysia

Rank (2011): 16

Rank (2010): 17

Score 1-7 (2011): 4.24

Change in score: +0.04

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Motorcyclists ride down a central avenue in Madrid.

Spain

Rank (2011): 17

Rank (2010): 14

Score 1-7 (2011): 4.24

Change in score: -0.18

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A woman reads a book beside a bronze statue in front of Sejong Centre for the Performing Arts in central Seoul.

South Korea

Rank (2011): 18

Rank (2010): 24

Score 1-7 (2011): 4.13

Change in score: +0.13

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

People pose next to the Charging Bull statue in Shanghai.

China

Rank (2011): 19

Rank (2010): 22

Score 1-7 (2011): 4.12

Change in score: +0.08

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A jogger crosses the garden of Schoenbrunn castle in front of Gloriette in Vienna.

Austria

Rank (2011): 20

Rank (2010): 19

Score 1-7 (2011): 4.11

Change in score: -0.08

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Cafe in the square of the Three Blacksmiths, Helsinki.

Finland

Rank (2011): 21

Rank (2010): 20

Score 1-7 (2011): 4.11

Change in score: -0.01

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A man looks at a window display of jewellery on Grafton Street in Dublin.

Ireland

Rank (2011): 22

Rank (2010): 18

Score 1-7 (2011): 4.10

Change in score: -0.09

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Saudi Arabia

Rank (2011): 23

Rank (2010): 26

Score 1-7 (2011): 3.90

Change in score: +0.02

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Bahrain

Rank (2011): 24

Rank (2010): 23

Score 1-7 (2011): 3.90

Change in score: -0.10

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

A general view of the Abu Dhabi skyline.

The United Arab Emirates

Rank (2011): 25

Rank (2010): 21

Score 1-7 (2011): 3.89

Change in score: -0.16

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Israel

Rank (2011): 26

Rank (2010): 27

Score 1-7 (2011): 3.86

Change in score: +0.01

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

People walk past Duomo Cathedral after a snowfall in Milan.

Italy

Rank (2011): 27

Rank (2010): 25

Score 1-7 (2011): 3.85

Change in score: -0.11

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

Kuwait

Rank (2011): 28

Rank (2010): 29

Score 1-7 (2011): 3.73

Change in score: +0.03

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Economic index: India among top countries

Last updated on: December 20, 2011 08:46 IST

South Africa

Rank (2011): 29

Rank (2010): 32

Score 1-7 (2011): 3.64

Change in score: +0.11