Financial Institutions Efficiency Index in Ireland
Ireland: Financial Institutions Efficiency Index was 0.3963 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Ireland, 1980–2020
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.
Financial Institutions Efficiency Index in Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.6227 | — |
| 1981 | 0.6228 | +0.0% |
| 1982 | 0.6281 | +0.8% |
| 1983 | 0.6304 | +0.4% |
| 1984 | 0.6283 | -0.3% |
| 1985 | 0.6226 | -0.9% |
| 1986 | 0.6242 | +0.3% |
| 1987 | 0.6214 | -0.4% |
| 1988 | 0.6278 | +1.0% |
| 1989 | 0.6321 | +0.7% |
| 1990 | 0.6364 | +0.7% |
| 1991 | 0.6333 | -0.5% |
| 1992 | 0.6062 | -4.3% |
| 1993 | 0.5848 | -3.5% |
| 1994 | 0.7209 | +23.3% |
| 1995 | 0.6399 | -11.2% |
| 1996 | 0.6647 | +3.9% |
| 1997 | 0.7108 | +6.9% |
| 1998 | 0.6024 | -15.3% |
| 1999 | 0.6141 | +2.0% |
| 2000 | 0.6839 | +11.4% |
| 2001 | 0.6851 | +0.2% |
| 2002 | 0.6561 | -4.2% |
| 2003 | 0.6112 | -6.8% |
| 2004 | 0.5416 | -11.4% |
| 2005 | 0.5858 | +8.2% |
| 2006 | 0.5907 | +0.8% |
| 2007 | 0.5883 | -0.4% |
| 2008 | 0.5321 | -9.6% |
| 2009 | 0.4989 | -6.2% |
| 2010 | 0.4655 | -6.7% |
| 2011 | 0.4949 | +6.3% |
| 2012 | 0.4726 | -4.5% |
| 2013 | 0.463 | -2.0% |
| 2014 | 0.5848 | +26.3% |
| 2015 | 0.5603 | -4.2% |
| 2016 | 0.5413 | -3.4% |
| 2017 | 0.558 | +3.1% |
| 2018 | 0.5428 | -2.7% |
| 2019 | 0.417 | -23.2% |
| 2020 | 0.3963 | -5.0% |
Ireland compared with similar countries
- Ireland's 0.3963 is below the median for high income countries, which is 0.612, 65% of the median. (62 countries reporting)
- Ireland's 0.3963 is below the median for Europe & Central Asia, which is 0.583, 68% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
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.
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.