Iceland vs Tanzania: Financial Institutions Efficiency Index

Iceland
0.4027
in 2020
Tanzania
0.4189
in 2020
Iceland rank
173rd
Tanzania rank
172nd

Financial Institutions Efficiency Index over time

  • Iceland
  • Tanzania
0.20.40.60.81198020002020

How they compare

Tanzania currently reports 0.4189 against 0.4027 in Iceland, a difference of 0.0162.

The two have swapped places 10 times across 41 shared years of data; in 1980 it was Tanzania ahead.

Iceland ranks 173rd and Tanzania ranks 172nd of 183 countries.

Tanzania has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Tanzania Difference Ahead
1980s 0.299 0.8535 0.5545 Tanzania
1990s 0.4391 0.6513 0.2123 Tanzania
2000s 0.4736 0.5392 0.0657 Tanzania
2010s 0.4007 0.4609 0.0602 Tanzania
2020s 0.4027 0.4189 0.0162 Tanzania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Iceland or Tanzania?
Tanzania, at 0.4189 against 0.4027 in Iceland as of 2020.
What is the difference in financial institutions efficiency index between Iceland and Tanzania?
0.0162, with Tanzania ahead.
How many years of comparable data are there for Iceland and Tanzania?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Tanzania rank globally for financial institutions efficiency index?
Iceland ranks 173rd and Tanzania ranks 172nd 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 Tanzania: 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/iceland/tanzania/

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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.