Iceland vs Malawi: Financial Institutions Efficiency Index

Iceland
0.4027
in 2020
Malawi
0.4243
in 2020
Iceland rank
173rd
Malawi rank
171st

Financial Institutions Efficiency Index over time

  • Iceland
  • Malawi
0.10.20.30.40.50.6198020002020

How they compare

Malawi currently reports 0.4243 against 0.4027 in Iceland, a difference of 0.0216.

That makes Malawi's figure about 1.1 times Iceland's.

The two have swapped places 8 times across 41 shared years of data; in 1980 it was Malawi ahead.

Iceland ranks 173rd and Malawi ranks 171st of 183 countries.

Across the 5 decades both report, Iceland averaged higher in 3 and Malawi in 2.

Head to head by decade

Decade Iceland Malawi Difference Ahead
1980s 0.299 0.3491 0.05 Malawi
1990s 0.4391 0.3809 0.0581 Iceland
2000s 0.4736 0.3944 0.0792 Iceland
2010s 0.4007 0.3569 0.0437 Iceland
2020s 0.4027 0.4243 0.0216 Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Iceland or Malawi?
Malawi, at 0.4243 against 0.4027 in Iceland as of 2020.
What is the difference in financial institutions efficiency index between Iceland and Malawi?
0.0216, with Malawi ahead.
How many years of comparable data are there for Iceland and Malawi?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Malawi rank globally for financial institutions efficiency index?
Iceland ranks 173rd and Malawi ranks 171st 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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Iceland vs Malawi: 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/iceland/malawi/

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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.