Financial Institutions Efficiency Index in Maldives
Maldives: Financial Institutions Efficiency Index was 0.5783 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Maldives, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Maldives stood at 0.5783.
That represents a change of down 13.7% on the previous year and up 2.6% over ten years.
Over the whole period, financial institutions efficiency index in Maldives peaked at 1 in 1984 and was at its lowest, 0.5556, in 2009.
That places Maldives 99th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.865 | 0.7223 | 1 | 10 |
| 1990s | 0.6994 | 0.5926 | 0.7686 | 10 |
| 2000s | 0.6781 | 0.5556 | 0.7456 | 10 |
| 2010s | 0.6675 | 0.5637 | 0.7555 | 10 |
| 2020s | 0.5783 | 0.5783 | 0.5783 | 1 |
Countries ranked near Maldives
More financial sector data for Maldives
- Net domestic credit (current LCU), per capita 176,266 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 12.06 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.95 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 713.71 million SDR (2025)
- Reserves excluding gold 718.93 million SDR (2025)
- Total reserves (gold at market value) 718.93 million SDR (2025)
- Total reserves (gold at national valuation) 718.93 million SDR (2025)
- Domestic credit to private sector by banks 32.5% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Maldives?
- Financial institutions efficiency index in Maldives was 0.5783 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Maldives?
- The highest recorded value was 1 in 1984.
- What is the lowest financial institutions efficiency index recorded in Maldives?
- The lowest recorded value was 0.5556 in 2009.
- How does Maldives rank for financial institutions efficiency index?
- Maldives ranks 99th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Maldives?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is falling.
- Where does this Maldives 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.