Ghana vs Zambia: Financial Markets Efficiency Index

Ghana
0.0044
in 2020
Zambia
0.0079
in 2020
Ghana rank
86th
Zambia rank
84th

Financial Markets Efficiency Index over time

  • Ghana
  • Zambia
00.050.10.150.2198020002020

How they compare

Zambia currently reports 0.0079 against 0.0044 in Ghana, a difference of 0.0035.

That makes Zambia's figure about 1.8 times Ghana's.

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

Ghana ranks 86th and Zambia ranks 84th of 183 countries.

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

Head to head by decade

Decade Ghana Zambia Difference Ahead
1980s 0.0308 0.0009 0.03 Ghana
1990s 0.0367 0.007 0.0297 Ghana
2000s 0.0792 0.0105 0.0688 Ghana
2010s 0.0954 0.0077 0.0877 Ghana
2020s 0.0044 0.0079 0.0036 Zambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial markets efficiency index, Ghana or Zambia?
Zambia, at 0.0079 against 0.0044 in Ghana as of 2020.
What is the difference in financial markets efficiency index between Ghana and Zambia?
0.0035, with Zambia ahead.
How many years of comparable data are there for Ghana and Zambia?
41 years are reported by both, from 1980 to 2020.
How do Ghana and Zambia rank globally for financial markets efficiency index?
Ghana ranks 86th and Zambia ranks 84th 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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Ghana vs Zambia: Financial Markets Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/financial-markets-efficiency-index/ghana/zambia/

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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

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.