* indicates monthly or quarterly data series

Financial institutions development, efficiency, 2021:

The average for 2021 based on 19 countries was 0.55 index points. The highest value was in Chile: 0.657 index points and the lowest value was in Venezuela: 0.246 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
Chile 0.657 1 1980 - 2021
Uruguay 0.656 2 1980 - 2021
Panama 0.641 3 1980 - 2021
Guatemala 0.621 4 1980 - 2021
Mexico 0.617 5 1980 - 2021
Costa Rica 0.613 6 1980 - 2021
Peru 0.606 7 1980 - 2021
Paraguay 0.601 8 1980 - 2021
Bolivia 0.597 9 1980 - 2021
Colombia 0.595 10 1980 - 2021
Brazil 0.579 11 1980 - 2021
Haiti 0.574 12 1980 - 2021
Domin. Rep. 0.54 13 1980 - 2021
Nicaragua 0.526 14 1980 - 2021
Honduras 0.505 15 1980 - 2021
Ecuador 0.444 16 1980 - 2021
El Salvador 0.424 17 1980 - 2021
Argentina 0.415 18 1980 - 2021
Venezuela 0.246 19 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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