Armenia vs Papua New Guinea: Financial Institutions Efficiency Index
Financial Institutions Efficiency Index over time
- Armenia
- Papua New Guinea
How they compare
Armenia currently reports 0.6457 against 0.6406 in Papua New Guinea, a difference of 0.0051.
The two have swapped places 7 times across 41 shared years of data; in 1980 it was Papua New Guinea ahead.
Armenia ranks 51st and Papua New Guinea ranks 53rd of 183 countries.
Across the 5 decades both report, Armenia averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | Armenia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0 | 0.5538 | 0.5538 | Papua New Guinea |
| 1990s | 0.2828 | 0.5287 | 0.2459 | Papua New Guinea |
| 2000s | 0.4874 | 0.5955 | 0.1082 | Papua New Guinea |
| 2010s | 0.5987 | 0.6333 | 0.0347 | Papua New Guinea |
| 2020s | 0.6457 | 0.6406 | 0.005 | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions efficiency index, Armenia or Papua New Guinea?
- Armenia, at 0.6457 against 0.6406 in Papua New Guinea as of 2020.
- What is the difference in financial institutions efficiency index between Armenia and Papua New Guinea?
- 0.0051, with Armenia ahead.
- How many years of comparable data are there for Armenia and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2020.
- How do Armenia and Papua New Guinea rank globally for financial institutions efficiency index?
- Armenia ranks 51st and Papua New Guinea ranks 53rd 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.
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.