Germany vs Latvia: Financial Institutions Efficiency Index

Germany
0.5405
in 2020
Latvia
0.5432
in 2020
Germany rank
124th
Latvia rank
121st

Financial Institutions Efficiency Index over time

  • Germany
  • Latvia
00.20.40.6198020002020

How they compare

Latvia currently reports 0.5432 against 0.5405 in Germany, a difference of 0.0027.

The two have swapped places 5 times across 41 shared years of data; in 1980 it was Germany ahead.

Germany ranks 124th and Latvia ranks 121st of 183 countries.

Across the 5 decades both report, Germany averaged higher in 3 and Latvia in 2.

Head to head by decade

Decade Germany Latvia Difference Ahead
1980s 0.5882 0 0.5882 Germany
1990s 0.5799 0.2185 0.3614 Germany
2000s 0.5423 0.554 0.0116 Latvia
2010s 0.5438 0.5268 0.017 Germany
2020s 0.5405 0.5432 0.0026 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Germany or Latvia?
Latvia, at 0.5432 against 0.5405 in Germany as of 2020.
What is the difference in financial institutions efficiency index between Germany and Latvia?
0.0027, with Latvia ahead.
How many years of comparable data are there for Germany and Latvia?
41 years are reported by both, from 1980 to 2020.
How do Germany and Latvia rank globally for financial institutions efficiency index?
Germany ranks 124th and Latvia ranks 121st 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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Germany vs Latvia: Financial Institutions Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-efficiency-index/germany/latvia/

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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.