Financial institutions development, efficiency - Country rankings
* indicates monthly or quarterly data series
Financial institutions development, efficiency, 2021:
The average for 2021 based on 22 countries was 0.594 index points. The highest value was in Canada: 0.799 index points and the lowest value was in El Salvador: 0.424 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 |
|---|---|---|---|
| Canada | 0.799 | 1 | 1980 - 2021 |
| Ant.& Barb. | 0.715 | 2 | 1980 - 2021 |
| USA | 0.705 | 3 | 1980 - 2021 |
| Tr.&Tobago | 0.659 | 4 | 1980 - 2021 |
| Panama | 0.641 | 5 | 1980 - 2021 |
| Bahamas | 0.635 | 6 | 1980 - 2021 |
| Dominica | 0.623 | 7 | 1980 - 2021 |
| Guatemala | 0.621 | 8 | 1980 - 2021 |
| Mexico | 0.617 | 9 | 1980 - 2021 |
| Costa Rica | 0.613 | 10 | 1980 - 2021 |
| Grenada | 0.593 | 11 | 1980 - 2021 |
| Saint Lucia | 0.59 | 12 | 1980 - 2021 |
| Barbados | 0.575 | 13 | 1980 - 2021 |
| Haiti | 0.574 | 14 | 1980 - 2021 |
| Aruba | 0.563 | 15 | 1986 - 2021 |
| Domin. Rep. | 0.54 | 16 | 1980 - 2021 |
| Jamaica | 0.528 | 17 | 1980 - 2021 |
| Nicaragua | 0.526 | 18 | 1980 - 2021 |
| St. Vincent & ... | 0.512 | 19 | 1980 - 2021 |
| Honduras | 0.505 | 20 | 1980 - 2021 |
| Belize | 0.503 | 21 | 1980 - 2021 |
| El Salvador | 0.424 | 22 | 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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