Iceland vs Saudi Arabia: Financial Institutions Efficiency Index

Iceland
0.4027
in 2020
Saudi Arabia
0.3798
in 2020
Iceland rank
173rd
Saudi Arabia rank
175th

Financial Institutions Efficiency Index over time

  • Iceland
  • Saudi Arabia
0.20.40.60.8198020002020

How they compare

Iceland currently reports 0.4027 against 0.3798 in Saudi Arabia, a difference of 0.0229.

That makes Iceland's figure about 1.1 times Saudi Arabia's.

The two have swapped places 9 times across 41 shared years of data; in 1980 it was Saudi Arabia ahead.

Iceland ranks 173rd and Saudi Arabia ranks 175th of 183 countries.

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

Head to head by decade

Decade Iceland Saudi Arabia Difference Ahead
1980s 0.299 0.4762 0.1771 Saudi Arabia
1990s 0.4391 0.6284 0.1894 Saudi Arabia
2000s 0.4736 0.4301 0.0435 Iceland
2010s 0.4007 0.3543 0.0464 Iceland
2020s 0.4027 0.3798 0.0229 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Iceland or Saudi Arabia?
Iceland, at 0.4027 against 0.3798 in Saudi Arabia as of 2020.
What is the difference in financial institutions efficiency index between Iceland and Saudi Arabia?
0.0229, with Iceland ahead.
How many years of comparable data are there for Iceland and Saudi Arabia?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Saudi Arabia rank globally for financial institutions efficiency index?
Iceland ranks 173rd and Saudi Arabia ranks 175th 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 Saudi Arabia: 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/iceland/saudi-arabia/

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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.