Which has higher financial markets efficiency index, Cyprus or Ghana?

Cyprus, at 0.0102 against 0.0044 in Ghana as of 2020.

How many years of comparable data are there for Cyprus and Ghana?

41 years are reported by both, from 1980 to 2020.

Where does this data come from?

International Monetary Fund, published as Financial Markets Efficiency Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Cyprus vs Ghana: Financial Markets Efficiency Index

Cyprus

0.0102

in 2020

Ghana

0.0044

in 2020

Cyprus rank

83rd

Ghana rank

86th

Financial Markets Efficiency Index over time

Cyprus
Ghana

How they compare

Cyprus currently reports 0.0102 against 0.0044 in Ghana, a difference of 0.0058.

That makes Cyprus's figure about 2.4 times Ghana's.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Cyprus ahead.

Cyprus ranks 83rd and Ghana ranks 86th of 183 countries.

Across the 5 decades both report, Cyprus averaged higher in 4 and Ghana in 1.

Head to head by decade

Decade	Cyprus	Ghana	Difference	Ahead
1980s	0.0917	0.0308	0.0608	Cyprus
1990s	0.145	0.0367	0.1084	Cyprus
2000s	0.2393	0.0792	0.16	Cyprus
2010s	0.0719	0.0954	0.0235	Ghana
2020s	0.0102	0.0044	0.0059	Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets efficiency index, Cyprus or Ghana?: Cyprus, at 0.0102 against 0.0044 in Ghana as of 2020.
What is the difference in financial markets efficiency index between Cyprus and Ghana?: 0.0058, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Ghana?: 41 years are reported by both, from 1980 to 2020.
How do Cyprus and Ghana rank globally for financial markets efficiency index?: Cyprus ranks 83rd and Ghana ranks 86th of 183 countries.
Where does this data come from?: International Monetary Fund, published as Financial Markets Efficiency Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Ghana: Financial Markets Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-efficiency-index/cyprus/ghana/

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About this data

Indicator: Financial Markets Efficiency Index
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 192 places, 7,872 data points, 1980–2020
Last refreshed: 19 August 2026

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.