Financial Institutions Efficiency Index in Ireland

Ireland: Financial Institutions Efficiency Index was 0.3963 in 2020. β–Ό Falling

Latest (2020)
0.3963
Change on year
down 5.0%
World rank
174th
of 183 countries
All-time high
0.7209
in 1994
All-time low
0.3963
in 2020
Years of data
41
1980–2020

Financial Institutions Efficiency Index in Ireland, 1980–2020

00.20.40.60.81980200020201980: 0.6231981: 0.6231982: 0.6281983: 0.631984: 0.6281985: 0.6231986: 0.6241987: 0.6211988: 0.6281989: 0.6321990: 0.6361991: 0.6331992: 0.6061993: 0.5851994: 0.7211995: 0.641996: 0.6651997: 0.7111998: 0.6021999: 0.6142000: 0.6842001: 0.6852002: 0.6562003: 0.6112004: 0.5422005: 0.5862006: 0.5912007: 0.5882008: 0.5322009: 0.4992010: 0.4662011: 0.4952012: 0.4732013: 0.4632014: 0.5852015: 0.562016: 0.5412017: 0.5582018: 0.5432019: 0.4172020: 0.396

Source: International Monetary Fund.

Analysis

The most recent figure for financial institutions efficiency index in Ireland is 0.3963, measured in 2020. That is the lowest value across all 41 years on record.

The figure is down 5.0% on the previous year and down 14.9% over ten years.

Over the whole period, financial institutions efficiency index in Ireland peaked at 0.7209 in 1994 and was at its lowest, 0.3963, in 2020.

That places Ireland 174th out of 183 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.626 0.6214 0.6321 10
1990s 0.6414 0.5848 0.7209 10
2000s 0.5974 0.4989 0.6851 10
2010s 0.51 0.417 0.5848 10
2020s 0.3963 0.3963 0.3963 1

Countries ranked near Ireland

  1. 171 Malawi 0.4243 compare
  2. 172 Tanzania, United Republic of 0.4189 compare
  3. 173 Iceland 0.4027 compare
  4. 175 Saudi Arabia 0.3798 compare
  5. 176 Equatorial Guinea, Republic of 0.3748 compare
  6. 177 Liberia 0.3679 compare

See the full ranking of 192 places β†’

More financial sector data for Ireland

All data for Ireland β†’

Frequently asked questions

What is financial institutions efficiency index in Ireland?
Financial institutions efficiency index in Ireland was 0.3963 in 2020, according to International Monetary Fund.
What is the highest financial institutions efficiency index recorded in Ireland?
The highest recorded value was 0.7209 in 1994.
What is the lowest financial institutions efficiency index recorded in Ireland?
The lowest recorded value was 0.3963 in 2020.
How does Ireland rank for financial institutions efficiency index?
Ireland ranks 174th out of 183 countries with data for 2020.
Is financial institutions efficiency index rising or falling in Ireland?
Over the last ten years it is down 14.9%. The long-run trend across the full record is falling.
Where does this Ireland 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.

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Financial Institutions Efficiency Index in Ireland. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-efficiency-index/ireland/

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About this data

Indicator
Financial Institutions 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.