Singapore vs Tonga: Financial Institutions Efficiency Index
Financial Institutions Efficiency Index over time
- Singapore
- Tonga
How they compare
Singapore currently reports 0.6967 against 0.6924 in Tonga, a difference of 0.0043.
The two have swapped places 2 times across 41 shared years of data; in 1980 it was Singapore ahead.
Singapore ranks 25th and Tonga ranks 28th of 183 countries.
Singapore has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Singapore | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.7241 | 0.4874 | 0.2366 | Singapore |
| 1990s | 0.719 | 0.5812 | 0.1378 | Singapore |
| 2000s | 0.719 | 0.5837 | 0.1353 | Singapore |
| 2010s | 0.7101 | 0.6516 | 0.0585 | Singapore |
| 2020s | 0.6967 | 0.6924 | 0.0043 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions efficiency index, Singapore or Tonga?
- Singapore, at 0.6967 against 0.6924 in Tonga as of 2020.
- What is the difference in financial institutions efficiency index between Singapore and Tonga?
- 0.0043, with Singapore ahead.
- How many years of comparable data are there for Singapore and Tonga?
- 41 years are reported by both, from 1980 to 2020.
- How do Singapore and Tonga rank globally for financial institutions efficiency index?
- Singapore ranks 25th and Tonga ranks 28th 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.
Individual pages
About this data
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.