Banking system z-scores - Country rankings
* indicates monthly or quarterly data series
Banking system z-scores, 2021:
The average for 2021 based on 27 countries was 15.27 index points. The highest value was in Luxembourg: 51.67 index points and the lowest value was in Slovenia: 4.49 index points. The indicator is available from 2000 to 2021. Below is a chart for all countries where data are available.Measure: index points; Source: Bankscope
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* indicates monthly or quarterly data series
| Countries | Banking system z-scores, 2021 | Global rank | Available data |
|---|---|---|---|
| Luxembourg | 51.67 | 1 | 2000 - 2021 |
| Sweden | 39.35 | 2 | 2000 - 2021 |
| Austria | 30.91 | 3 | 2000 - 2021 |
| Denmark | 26.42 | 4 | 2000 - 2021 |
| France | 19.98 | 5 | 2000 - 2021 |
| Slovakia | 18.93 | 6 | 2000 - 2021 |
| Malta | 18.41 | 7 | 2000 - 2021 |
| Finland | 17.11 | 8 | 2000 - 2021 |
| Spain | 16.92 | 9 | 2000 - 2021 |
| Portugal | 16.09 | 10 | 2000 - 2021 |
| Germany | 16.05 | 11 | 2000 - 2021 |
| Belgium | 15.45 | 12 | 2000 - 2021 |
| Italy | 13.17 | 13 | 2000 - 2021 |
| Netherlands | 13.04 | 14 | 2000 - 2021 |
| Ireland | 10.99 | 15 | 2000 - 2021 |
| Czechia | 10.34 | 16 | 2000 - 2021 |
| Romania | 10.34 | 17 | 2000 - 2021 |
| Estonia | 8.42 | 18 | 2000 - 2021 |
| Bulgaria | 7.87 | 19 | 2000 - 2021 |
| Croatia | 7.39 | 20 | 2000 - 2021 |
| Latvia | 7.11 | 21 | 2000 - 2021 |
| Hungary | 7.07 | 22 | 2000 - 2021 |
| Poland | 7.05 | 23 | 2000 - 2021 |
| Greece | 6.64 | 24 | 2004 - 2021 |
| Cyprus | 6.07 | 25 | 2000 - 2021 |
| Lithuania | 5.12 | 26 | 2000 - 2021 |
| Slovenia | 4.49 | 27 | 2000 - 2021 |
Definition: The index captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.
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51.67
39.35
30.91
26.42
19.98
18.93
18.41
17.11
16.92
16.09
16.05
15.45
13.17
13.04
10.99
10.34
10.34
8.42
7.87
7.39
7.11
7.07
7.05
6.64
6.07
5.12
4.49
0
12.9
25.8
38.8
51.67
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