Guinea vs Turkey: Financial Institutions Efficiency Index

Guinea
0.5855
in 2020
Turkey
0.5814
in 2020
Guinea rank
92nd
Turkey rank
95th

Financial Institutions Efficiency Index over time

  • Guinea
  • Turkey
00.20.40.60.8198020002020

How they compare

Guinea currently reports 0.5855 against 0.5814 in Turkey, a difference of 0.0041.

The two have swapped places 11 times across 41 shared years of data; in 1980 it was Turkey ahead.

Guinea ranks 92nd and Turkey ranks 95th of 183 countries.

Across the 5 decades both report, Guinea averaged higher in 2 and Turkey in 3.

Head to head by decade

Decade Guinea Turkey Difference Ahead
1980s 0.081 0.5481 0.4671 Turkey
1990s 0.6103 0.3852 0.2251 Guinea
2000s 0.4494 0.4961 0.0467 Turkey
2010s 0.4947 0.5914 0.0967 Turkey
2020s 0.5855 0.5814 0.0041 Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Guinea or Turkey?
Guinea, at 0.5855 against 0.5814 in Turkey as of 2020.
What is the difference in financial institutions efficiency index between Guinea and Turkey?
0.0041, with Guinea ahead.
How many years of comparable data are there for Guinea and Turkey?
41 years are reported by both, from 1980 to 2020.
How do Guinea and Turkey rank globally for financial institutions efficiency index?
Guinea ranks 92nd and Turkey ranks 95th 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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Guinea vs Turkey: Financial Institutions Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 07 October 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-efficiency-index/guinea/turkiye/

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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.