* indicates monthly or quarterly data series

Financial institutions development, efficiency, 2021:

The average for 2021 based on 43 countries was 0.648 index points. The highest value was in Georgia: 0.748 index points and the lowest value was in Kyrgyzstan: 0.433 index points. The indicator is available from 1980 to 2021. Below is a chart for all countries where data are available.

Measure: index points; Source: International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Financial institutions development, efficiency, 2021 Global rank Available data
Georgia 0.748 1 1994 - 2021
Qatar 0.737 2 1980 - 2021
China 0.733 3 1982 - 2021
Vietnam 0.732 4 1992 - 2021
Japan 0.73 5 1980 - 2021
Malaysia 0.73 6 1980 - 2021
South Korea 0.718 7 1980 - 2021
Israel 0.713 8 1980 - 2021
Bahrain 0.711 9 1980 - 2021
Macao 0.708 10 1984 - 2021
Maldives 0.708 11 1980 - 2021
Kuwait 0.707 12 1980 - 2021
Sri Lanka 0.705 13 1980 - 2021
Pakistan 0.699 14 1980 - 2021
Iran 0.697 15 1980 - 2021
Singapore 0.694 16 1980 - 2021
Turkmenistan 0.694 17 1998 - 2021
Lebanon 0.691 18 1980 - 2021
Brunei 0.689 19 1994 - 2021
Oman 0.687 20 1980 - 2021
Philippines 0.687 21 1980 - 2021
Thailand 0.687 22 1980 - 2021
Syria 0.675 23 1980 - 2021
India 0.667 24 1980 - 2021
Jordan 0.658 25 1980 - 2021
Bangladesh 0.657 26 1980 - 2021
Bhutan 0.65 27 1982 - 2021
Burma 0.633 28 1980 - 2021
Armenia 0.628 29 1993 - 2021
Indonesia 0.627 30 1980 - 2021
Cambodia 0.61 31 1993 - 2021
Nepal 0.602 32 1980 - 2021
Hong Kong 0.596 33 1980 - 2021
Uzbekistan 0.596 34 1993 - 2021
Azerbaijan 0.574 35 1992 - 2021
Kazakhstan 0.568 36 1993 - 2021
Yemen 0.559 37 1988 - 2021
Laos 0.555 38 1989 - 2021
Mongolia 0.539 39 1991 - 2021
UA Emirates 0.495 40 1980 - 2021
Tajikistan 0.474 41 1998 - 2021
Saudi Arabia 0.446 42 1980 - 2021
Kyrgyzstan 0.433 43 1995 - 2021



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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

0.748
0.737
0.733
0.732
0.730
0.730
0.718
0.713
0.711
0.708
0.708
0.707
0.705
0.699
0.697
0.694
0.694
0.691
0.689
0.687
0.687
0.687
0.675
0.667
0.658
0.657
0.650
0.633
0.628
0.627
0.610
0.602
0.596
0.596
0.574
0.568
0.559
0.555
0.539
0.495
0.474
0.446
0.433
0
0.2
0.4
0.6
0.75


This site uses cookies.
Learn more here


OK