Armenia vs Estonia: Financial Institutions Efficiency Index

Armenia
0.6457
in 2020
Estonia
0.6473
in 2020
Armenia rank
51st
Estonia rank
48th

Financial Institutions Efficiency Index over time

  • Armenia
  • Estonia
00.20.40.6198020002020

How they compare

Estonia currently reports 0.6473 against 0.6457 in Armenia, a difference of 0.0016.

The two have swapped places 10 times across 41 shared years of data; in 1980 it was Estonia ahead.

Armenia ranks 51st and Estonia ranks 48th of 183 countries.

Estonia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Armenia Estonia Difference Ahead
1980s 0 0 0 β€”
1990s 0.2828 0.325 0.0422 Estonia
2000s 0.4874 0.5954 0.108 Estonia
2010s 0.5987 0.633 0.0343 Estonia
2020s 0.6457 0.6473 0.0016 Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Armenia or Estonia?
Estonia, at 0.6473 against 0.6457 in Armenia as of 2020.
What is the difference in financial institutions efficiency index between Armenia and Estonia?
0.0016, with Estonia ahead.
How many years of comparable data are there for Armenia and Estonia?
41 years are reported by both, from 1980 to 2020.
How do Armenia and Estonia rank globally for financial institutions efficiency index?
Armenia ranks 51st and Estonia ranks 48th of 183 countries.
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.

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Armenia vs Estonia: Financial Institutions Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-efficiency-index/armenia/estonia/

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About this data

Indicator
Financial Institutions Efficiency Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.