USA: Financial institutions development, efficiency

The latest value from 2021 is 0.705 index points, an increase from 0.629 index points in 2020. In comparison, the world average is 0.585 index points, based on data from 178 countries. Historically, the average for the USA from 1980 to 2021 is 0.549 index points. The minimum value, 0.387 index points, was reached in 1993 while the maximum of 0.705 index points was recorded in 2021. 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.