Financial Institutions Efficiency Index in Canada
Canada: Financial Institutions Efficiency Index was 0.7225 in 2020. β¬ Flat
Financial Institutions Efficiency Index in Canada, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Canada stood at 0.7225.
Compared with earlier readings it is down 7.1% on the previous year and up 23.0% over ten years.
Over the whole period, financial institutions efficiency index in Canada peaked at 0.7958 in 2017 and was at its lowest, 0.5507, in 2000.
That places Canada 14th out of 183 countries with data for 2020, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7392 | 0.7021 | 0.775 | 10 |
| 1990s | 0.6805 | 0.63 | 0.714 | 10 |
| 2000s | 0.6352 | 0.5507 | 0.675 | 10 |
| 2010s | 0.7399 | 0.5845 | 0.7958 | 10 |
| 2020s | 0.7225 | 0.7225 | 0.7225 | 1 |
Countries ranked near Canada
More financial sector data for Canada
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Domestic credit to private sector by banks 124.1% (2008)
Frequently asked questions
- What is financial institutions efficiency index in Canada?
- Financial institutions efficiency index in Canada was 0.7225 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Canada?
- The highest recorded value was 0.7958 in 2017.
- What is the lowest financial institutions efficiency index recorded in Canada?
- The lowest recorded value was 0.5507 in 2000.
- How does Canada rank for financial institutions efficiency index?
- Canada ranks 14th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Canada?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is flat.
- Where does this Canada 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.