Financial Institutions Efficiency Index in Greece
Greece: Financial Institutions Efficiency Index was 0.4669 in 2020. ▲ Rising
Financial Institutions Efficiency Index in Greece, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Greece is 0.4669, measured in 2020.
Compared with earlier readings it is down 16.2% on the previous year and down 12.7% over ten years.
Over the whole period, financial institutions efficiency index in Greece peaked at 0.7468 in 2013 and was at its lowest, 0, in 1980.
That places Greece 158th out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Efficiency Index in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0.3113 | — |
| 1983 | 0.3407 | +9.4% |
| 1984 | 0.3483 | +2.2% |
| 1985 | 0.3761 | +8.0% |
| 1986 | 0.4161 | +10.6% |
| 1987 | 0.44 | +5.7% |
| 1988 | 0.4827 | +9.7% |
| 1989 | 0.5014 | +3.9% |
| 1990 | 0.4496 | -10.3% |
| 1991 | 0.5012 | +11.5% |
| 1992 | 0.5401 | +7.8% |
| 1993 | 0.5376 | -0.5% |
| 1994 | 0.5438 | +1.2% |
| 1995 | 0.555 | +2.1% |
| 1996 | 0.5211 | -6.1% |
| 1997 | 0.5295 | +1.6% |
| 1998 | 0.535 | +1.0% |
| 1999 | 0.6257 | +17.0% |
| 2000 | 0.5717 | -8.6% |
| 2001 | 0.5789 | +1.3% |
| 2002 | 0.5645 | -2.5% |
| 2003 | 0.5762 | +2.1% |
| 2004 | 0.5649 | -2.0% |
| 2005 | 0.6194 | +9.7% |
| 2006 | 0.5948 | -4.0% |
| 2007 | 0.6141 | +3.2% |
| 2008 | 0.6091 | -0.8% |
| 2009 | 0.5581 | -8.4% |
| 2010 | 0.5346 | -4.2% |
| 2011 | 0.5183 | -3.0% |
| 2012 | 0.4727 | -8.8% |
| 2013 | 0.7468 | +58.0% |
| 2014 | 0.5251 | -29.7% |
| 2015 | 0.5332 | +1.5% |
| 2016 | 0.5687 | +6.7% |
| 2017 | 0.5552 | -2.4% |
| 2018 | 0.551 | -0.7% |
| 2019 | 0.5571 | +1.1% |
| 2020 | 0.4669 | -16.2% |
Greece compared with similar countries
- Greece's 0.4669 is below the median for high income countries, which is 0.612, 76% of the median. (62 countries reporting)
- Greece's 0.4669 is below the median for Europe & Central Asia, which is 0.583, 80% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Efficiency Index in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +58.0% | 0.4727 | 0.7468 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3217 | 0 | 0.5014 | 10 |
| 1990s | 0.5339 | 0.4496 | 0.6257 | 10 |
| 2000s | 0.5852 | 0.5581 | 0.6194 | 10 |
| 2010s | 0.5563 | 0.4727 | 0.7468 | 10 |
| 2020s | 0.4669 | 0.4669 | 0.4669 | 1 |
Countries ranked near Greece
- 155 Rwanda 0.4726 compare
- 156 El Salvador 0.4715 compare
- 157 Ghana 0.4704 compare
- 159 United Arab Emirates 0.4653 compare
- 160 Kazakhstan 0.4634 compare
- 161 Solomon Islands 0.4593 compare
More financial sector data for Greece
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 75.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 55.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 75.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial institutions efficiency index in Greece?
- Financial institutions efficiency index in Greece was 0.4669 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Greece?
- The highest recorded value was 0.7468 in 2013.
- What is the lowest financial institutions efficiency index recorded in Greece?
- The lowest recorded value was 0 in 1980.
- How does Greece rank for financial institutions efficiency index?
- Greece ranks 158th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Greece?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is rising.
- Where does this Greece 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 · JSON — 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.