Greece: Financial institutions development, efficiency

The latest value from 2021 is 0.486 index points, an increase from 0.482 index points in 2020. In comparison, the world average is 0.585 index points, based on data from 178 countries. Historically, the average for Greece from 1982 to 2021 is 0.515 index points. The minimum value, 0.309 index points, was reached in 1982 while the maximum of 0.73 index points was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.