Financial Institutions Efficiency Index in Lao People's Democratic Republic
Lao People's Democratic Republic: Financial Institutions Efficiency Index was 0.5768 in 2020. β Volatile
Financial Institutions Efficiency Index in Lao People's Democratic Republic, 1980β2020
Source: International Monetary Fund.
Analysis
Lao People's Democratic Republic recorded 0.5768 for financial institutions efficiency index in 2020.
Compared with earlier readings it is up 0.8% on the previous year and up 5.4% over ten years.
Over the whole period, financial institutions efficiency index in Lao People's Democratic Republic peaked at 0.7361 in 2006 and was at its lowest, 0, in 1980.
That places Lao People's Democratic Republic 100th out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0658 | 0 | 0.6583 | 10 |
| 1990s | 0.5979 | 0.5489 | 0.6583 | 10 |
| 2000s | 0.5513 | 0.3319 | 0.7361 | 10 |
| 2010s | 0.4651 | 0.3188 | 0.5722 | 10 |
| 2020s | 0.5768 | 0.5768 | 0.5768 | 1 |
Countries ranked near Lao People's Democratic Republic
More financial sector data for Lao People's Democratic Republic
- Net domestic credit (current LCU), per capita 2.48 million current LCU per person (2010)
- Net domestic credit (current LCU), per unit of GDP 2,203 current LCU per US$ of GDP (2010)
- Net domestic credit (current LCU), annual growth rate 51.76 % change on previous year (2010)
- Gold reserves at 35 SDRs per ounce 991,291 SDR (2019)
- Gold reserves at market value 31.19 million SDR (2019)
- Reserves excluding gold, foreign exchange 2.59 billion SDR (2025)
- Reserves excluding gold 2.71 billion SDR (2025)
- Total reserves (gold at market value) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) 2.71 billion SDR (2025)
- Domestic credit to private sector by banks 20.9% (2010)
Frequently asked questions
- What is financial institutions efficiency index in Lao People's Democratic Republic?
- Financial institutions efficiency index in Lao People's Democratic Republic was 0.5768 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.7361 in 2006.
- What is the lowest financial institutions efficiency index recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0 in 1980.
- How does Lao People's Democratic Republic rank for financial institutions efficiency index?
- Lao People's Democratic Republic ranks 100th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic 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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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.