Financial Institutions Efficiency Index in Burkina Faso
Burkina Faso: Financial Institutions Efficiency Index was 0.6687 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Burkina Faso, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Burkina Faso stood at 0.6687.
That represents a change of up 5.3% on the previous year and up 33.6% over ten years.
Over the whole period, financial institutions efficiency index in Burkina Faso peaked at 0.9712 in 1990 and was at its lowest, 0.3496, in 2008.
That places Burkina Faso 39th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9469 | 0.9322 | 0.9682 | 10 |
| 1990s | 0.7423 | 0.5688 | 0.9712 | 10 |
| 2000s | 0.518 | 0.3496 | 0.6505 | 10 |
| 2010s | 0.613 | 0.5003 | 0.6507 | 10 |
| 2020s | 0.6687 | 0.6687 | 0.6687 | 1 |
Countries ranked near Burkina Faso
- 36 Burundi 0.6714 compare
- 37 Seychelles 0.6705 compare
- 38 North Macedonia 0.6698 compare
- 40 Philippines 0.6661 compare
- 41 South Africa 0.666 compare
- 42 Bulgaria 0.66 compare
More financial sector data for Burkina Faso
- Net domestic credit (current LCU), per capita 211,230 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 184.07 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 2.61 % change on previous year (2025)
- Domestic credit to private sector by banks 22.7% (2025)
- Net domestic credit 5.09 trillion current LCU (2025)
- Net foreign assets 3.10 trillion current LCU (2025)
- Monetary Sector credit to private sector 22.7% (2025)
- Broad money 43.3% (2025)
- Claims on central government, etc. 6.5% (2025)
- Domestic credit to private sector 22.7% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Burkina Faso?
- Financial institutions efficiency index in Burkina Faso was 0.6687 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Burkina Faso?
- The highest recorded value was 0.9712 in 1990.
- What is the lowest financial institutions efficiency index recorded in Burkina Faso?
- The lowest recorded value was 0.3496 in 2008.
- How does Burkina Faso rank for financial institutions efficiency index?
- Burkina Faso ranks 39th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Burkina Faso?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is falling.
- Where does this Burkina Faso data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Efficiency Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.