Economic index: India among top countries

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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Hong Kong

Rank (2011): 1

Rank (2010): 4

Score 1-7 (2011): 5.16

Change in score: +0.12

...

The United States

Rank (2011): 2

Rank (2010): 1

Score 1-7 (2011): 5.15

Change in score: +0.03

...

The United Kingdom

Rank (2011): 3

Rank (2010): 2

Score 1-7 (2011): 5.00

Change in score: -0.07

...

Singapore

Rank (2011): 4

Rank (2010): 3

Score 1-7 (2011): 4.97

Change in score: -0.08

...

Australia

Rank (2011): 5

Rank (2010): 5

Score 1-7 (2011): 4.93

Change in score: -0.08

...

Canada

Rank (2011): 6

Rank (2010): 6

Score 1-7 (2011): 4.88

Change in score: -0.11

...

The Netherlands

Rank (2011): 7

Rank (2010): 7

Score 1-7 (2011): 4.71

Change in score: -0.04

...

Japan

Rank (2011): 8

Rank (2010): 9

Score 1-7 (2011): 4.71

Change in score: +0.05

...

Switzerland

Rank (2011): 9

Rank (2010): 8

Score 1-7 (2011): 4.63

Change in score: -0.09

...

Norway

Rank (2011): 10

Rank (2010): 15

Score 1-7 (2011): 4.52

Change in score: +0.18

...

Sweden

Rank (2011): 11

Rank (2010): 12

Score 1-7 (2011): 4.51

Change in score: -0.09

...

France

Rank (2011): 12

Rank (2010): 11

Score 1-7 (2011): 4.44

Change in score: -0.19

...

Belgium

Rank (2011): 13

Rank (2010): 10

Score 1-7 (2011): 4.38

Change in score: -0.26

...

Germany

Rank (2011): 14

Rank (2010): 13

Score 1-7 (2011): 4.33

Change in score: -0.16

...

Denmark

Rank (2011): 15

Rank (2010): 16

Score 1-7 (2011): 4.30

Change in score: +0.00

...

Malaysia

Rank (2011): 16

Rank (2010): 17

Score 1-7 (2011): 4.24

Change in score: +0.04

...

Spain

Rank (2011): 17

Rank (2010): 14

Score 1-7 (2011): 4.24

Change in score: -0.18

...

South Korea

Rank (2011): 18

Rank (2010): 24

Score 1-7 (2011): 4.13

Change in score: +0.13

...

China

Rank (2011): 19

Rank (2010): 22

Score 1-7 (2011): 4.12

Change in score: +0.08

...

Austria

Rank (2011): 20

Rank (2010): 19

Score 1-7 (2011): 4.11

Change in score: -0.08

...

Finland

Rank (2011): 21

Rank (2010): 20

Score 1-7 (2011): 4.11

Change in score: -0.01

...

Ireland

Rank (2011): 22

Rank (2010): 18

Score 1-7 (2011): 4.10

Change in score: -0.09

...

Saudi Arabia

Rank (2011): 23

Rank (2010): 26

Score 1-7 (2011): 3.90

Change in score: +0.02

...

Bahrain

Rank (2011): 24

Rank (2010): 23

Score 1-7 (2011): 3.90

Change in score: -0.10

...

The United Arab Emirates

Rank (2011): 25

Rank (2010): 21

Score 1-7 (2011): 3.89

Change in score: -0.16

...

Israel

Rank (2011): 26

Rank (2010): 27

Score 1-7 (2011): 3.86

Change in score: +0.01

...

Italy

Rank (2011): 27

Rank (2010): 25

Score 1-7 (2011): 3.85

Change in score: -0.11

...

Kuwait

Rank (2011): 28

Rank (2010): 29

Score 1-7 (2011): 3.73

Change in score: +0.03

...

South Africa

Rank (2011): 29

Rank (2010): 32

Score 1-7 (2011): 3.64

Change in score: +0.11