Madagascar vs Türkiye: Financial Institutions Efficiency Index

Madagascar
0.5784
in 2020
Türkiye
0.5814
in 2020
Madagascar rank
98th
Türkiye rank
95th

Financial Institutions Efficiency Index over time

  • Madagascar
  • Türkiye
00.20.40.60.8198020002020

How they compare

Türkiye currently reports 0.5814 against 0.5784 in Madagascar, a difference of 0.003.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Türkiye ahead.

Madagascar ranks 98th and Türkiye ranks 95th of 183 countries.

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

Head to head by decade

Decade Madagascar Türkiye Difference Ahead
1980s 0.3534 0.5481 0.1947 Türkiye
1990s 0.4421 0.3852 0.057 Madagascar
2000s 0.591 0.4961 0.0949 Madagascar
2010s 0.5343 0.5914 0.0571 Türkiye
2020s 0.5784 0.5814 0.003 Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Madagascar or Türkiye?
Türkiye, at 0.5814 against 0.5784 in Madagascar as of 2020.
What is the difference in financial institutions efficiency index between Madagascar and Türkiye?
0.003, with Türkiye ahead.
How many years of comparable data are there for Madagascar and Türkiye?
41 years are reported by both, from 1980 to 2020.
How do Madagascar and Türkiye rank globally for financial institutions efficiency index?
Madagascar ranks 98th and Türkiye ranks 95th 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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Madagascar vs Türkiye: 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/madagascar/turkiye/

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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.