The importance of digital finance ındicators and comparison of digital finance performance using bulut scoring system

This study aims to identify the significance levels of digital finance indicators and measure the digital finance performance of countries based on these identified significance levels. The purpose of this measurement is to enable cross-country comparisons and determine which nations are better prepared for the digital finance era. The research utilizes data published by the Global Findex Database (GFD). To assess the significance levels of the digital finance indicators derived from this data, the Normalized Maximum Values (NMV) method was employed, while the Bulut Scoring System (BSS) method was used for inter-country performance ranking. The NMV results indicate that evaluating savings through individuals outside the family unit or within savings clubs holds primary importance. Additionally, the indicator related to borrowing from individuals outside the family was identified as significant. These findings may suggest a propensity for high-risk behavior among individuals. An analysis of the BSS scores reveals that, although the digital finance performance of countries varies from year to year, nearly all high-performing nations utilize digital payment systems, prioritize the digital economy, and strive to accelerate their digital transformation processes.