Africa vs Australia: Financial Institutions Efficiency Index
Financial Institutions Efficiency Index over time
- Africa
- Australia
How they compare
Australia currently reports 0.7275 against 0.5125 in Africa, a difference of 0.215.
That makes Australia's figure about 1.4 times Africa's.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Africa ahead.
Africa ranks 9th and Australia ranks 8th of 9 groups.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Africa | Australia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3996 | 0.4795 | 0.0798 | Australia |
| 1990s | 0.4478 | 0.6299 | 0.182 | Australia |
| 2000s | 0.4613 | 0.7066 | 0.2453 | Australia |
| 2010s | 0.485 | 0.7531 | 0.2681 | Australia |
| 2020s | 0.5125 | 0.7275 | 0.215 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions efficiency index, Africa or Australia?
- Australia, at 0.7275 against 0.5125 in Africa as of 2020.
- What is the difference in financial institutions efficiency index between Africa and Australia?
- 0.215, with Australia ahead.
- How many years of comparable data are there for Africa and Australia?
- 41 years are reported by both, from 1980 to 2020.
- How do Africa and Australia rank globally for financial institutions efficiency index?
- Africa ranks 9th and Australia ranks 8th of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Financial Institutions Efficiency Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.