Latin America and the Caribbean (LAC) vs Viet Nam: Financial Institutions Efficiency Index

Latin America and the Caribbean (LAC)
0.5798
in 2020
Viet Nam
0.7353
in 2020
Latin America and the Caribbean (LAC) rank
6th
Viet Nam rank
5th

Financial Institutions Efficiency Index over time

  • Latin America and the Caribbean (LAC)
  • Viet Nam
00.20.40.60.8198020002020

How they compare

Viet Nam currently reports 0.7353 against 0.5798 in Latin America and the Caribbean (LAC), a difference of 0.1555.

That makes Viet Nam's figure about 1.3 times Latin America and the Caribbean (LAC)'s.

The two have swapped places 1 time across 41 shared years of data; in 1980 it was Latin America and the Caribbean (LAC) ahead.

Latin America and the Caribbean (LAC) ranks 6th and Viet Nam ranks 5th of 9 groups.

Across the 5 decades both report, Latin America and the Caribbean (LAC) averaged higher in 1 and Viet Nam in 4.

Head to head by decade

Decade Latin America and the Caribbean (LAC) Viet Nam Difference Ahead
1980s 0.5969 0 0.5969 Latin America and the Caribbean (LAC)
1990s 0.5235 0.5596 0.0361 Viet Nam
2000s 0.5347 0.6976 0.1628 Viet Nam
2010s 0.5616 0.7077 0.146 Viet Nam
2020s 0.5798 0.7353 0.1555 Viet Nam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Latin America and the Caribbean (LAC) or Viet Nam?
Viet Nam, at 0.7353 against 0.5798 in Latin America and the Caribbean (LAC) as of 2020.
What is the difference in financial institutions efficiency index between Latin America and the Caribbean (LAC) and Viet Nam?
0.1555, with Viet Nam ahead.
How many years of comparable data are there for Latin America and the Caribbean (LAC) and Viet Nam?
41 years are reported by both, from 1980 to 2020.
How do Latin America and the Caribbean (LAC) and Viet Nam rank globally for financial institutions efficiency index?
Latin America and the Caribbean (LAC) ranks 6th and Viet Nam ranks 5th of 9 groups.
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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Latin America and the Caribbean (LAC) vs Viet Nam: Financial Institutions Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-efficiency-index/latin-america-and-the-caribbean-lac/viet-nam/

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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.