Kenya vs Madagascar: Financial Institutions Efficiency Index

Kenya
0.5759
in 2020
Madagascar
0.5784
in 2020
Kenya rank
101st
Madagascar rank
98th

Financial Institutions Efficiency Index over time

  • Kenya
  • Madagascar
0.20.40.60.8198020002020

How they compare

Madagascar currently reports 0.5784 against 0.5759 in Kenya, a difference of 0.0025.

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

Kenya ranks 101st and Madagascar ranks 98th of 183 countries.

Across the 5 decades both report, Kenya averaged higher in 3 and Madagascar in 2.

Head to head by decade

Decade Kenya Madagascar Difference Ahead
1980s 0.518 0.3534 0.1647 Kenya
1990s 0.4591 0.4421 0.017 Kenya
2000s 0.4351 0.591 0.1559 Madagascar
2010s 0.563 0.5343 0.0287 Kenya
2020s 0.5759 0.5784 0.0025 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Kenya or Madagascar?
Madagascar, at 0.5784 against 0.5759 in Kenya as of 2020.
What is the difference in financial institutions efficiency index between Kenya and Madagascar?
0.0025, with Madagascar ahead.
How many years of comparable data are there for Kenya and Madagascar?
41 years are reported by both, from 1980 to 2020.
How do Kenya and Madagascar rank globally for financial institutions efficiency index?
Kenya ranks 101st and Madagascar ranks 98th 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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Kenya vs Madagascar: 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/kenya/madagascar/

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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.