Financial institutions development, efficiency - Country rankings
* indicates monthly or quarterly data series
Financial institutions development, efficiency, 2021:
The average for 2021 based on 40 countries was 0.594 index points. The highest value was in the Netherlands: 0.739 index points and the lowest value was in Iceland: 0.414 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
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* indicates monthly or quarterly data series
| Countries | Financial institutions development, efficiency, 2021 | Global rank | Available data |
|---|---|---|---|
| Netherlands | 0.739 | 1 | 1980 - 2021 |
| Czechia | 0.724 | 2 | 1990 - 2021 |
| Norway | 0.717 | 3 | 1980 - 2021 |
| Sweden | 0.714 | 4 | 1980 - 2021 |
| North Macedonia | 0.686 | 5 | 1992 - 2021 |
| Bulgaria | 0.67 | 6 | 1988 - 2021 |
| Romania | 0.669 | 7 | 1980 - 2021 |
| Hungary | 0.654 | 8 | 1982 - 2021 |
| Bosnia & Herz. | 0.652 | 9 | 1995 - 2021 |
| Albania | 0.65 | 10 | 1992 - 2021 |
| Russia | 0.645 | 11 | 1990 - 2021 |
| Croatia | 0.633 | 12 | 1992 - 2021 |
| Estonia | 0.625 | 13 | 1992 - 2021 |
| Ukraine | 0.62 | 14 | 1992 - 2021 |
| UK | 0.614 | 15 | 1980 - 2021 |
| Belarus | 0.606 | 16 | 1993 - 2021 |
| Moldova | 0.606 | 17 | 1992 - 2021 |
| Belgium | 0.602 | 18 | 1980 - 2021 |
| Turkey | 0.594 | 19 | 1985 - 2021 |
| Spain | 0.589 | 20 | 1980 - 2021 |
| Slovakia | 0.586 | 21 | 1991 - 2021 |
| Finland | 0.583 | 22 | 1980 - 2021 |
| Lithuania | 0.58 | 23 | 1993 - 2021 |
| Slovenia | 0.577 | 24 | 1992 - 2021 |
| France | 0.563 | 25 | 1980 - 2021 |
| Malta | 0.557 | 26 | 1980 - 2021 |
| Latvia | 0.556 | 27 | 1993 - 2021 |
| Switzerland | 0.556 | 28 | 1980 - 2021 |
| Luxembourg | 0.551 | 29 | 1980 - 2021 |
| Portugal | 0.54 | 30 | 1980 - 2021 |
| Italy | 0.539 | 31 | 1980 - 2021 |
| Cyprus | 0.535 | 32 | 1980 - 2021 |
| Austria | 0.533 | 33 | 1980 - 2021 |
| Serbia | 0.533 | 34 | 1994 - 2021 |
| Germany | 0.532 | 35 | 1980 - 2021 |
| Ireland | 0.529 | 36 | 1980 - 2021 |
| Poland | 0.516 | 37 | 1980 - 2021 |
| Denmark | 0.501 | 38 | 1980 - 2021 |
| Greece | 0.486 | 39 | 1982 - 2021 |
| Iceland | 0.414 | 40 | 1980 - 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.
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0.739
0.724
0.717
0.714
0.686
0.670
0.669
0.654
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0.633
0.625
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0.614
0.606
0.606
0.602
0.594
0.589
0.586
0.583
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0.577
0.563
0.557
0.556
0.556
0.551
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0.533
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0.486
0.414
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0.74
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