Financial Institutions Efficiency Index in Micronesia
Micronesia: Financial Institutions Efficiency Index was 0.0183 in 2020. β Volatile
Financial Institutions Efficiency Index in Micronesia, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Micronesia stood at 0.0183.
That represents a change of down 0.4% on the previous year and down 6.8% over ten years.
Over the whole period, financial institutions efficiency index in Micronesia peaked at 0.0531 in 1995 and was at its lowest, 0, in 1980.
Micronesia ranks 183rd of 183 countries on this measure, in the bottom quarter.
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 | 0 | 0 | 10 |
| 1990s | 0.0229 | 0 | 0.0531 | 10 |
| 2000s | 0.0279 | 0.0157 | 0.0452 | 10 |
| 2010s | 0.015 | 0.0092 | 0.023 | 10 |
| 2020s | 0.0183 | 0.0183 | 0.0183 | 1 |
Countries ranked near Micronesia
- 180 Comoros 0.2369 compare
- 181 Central African Republic 0.2268 compare
- 182 Sao Tome and Principe 0.1821 compare
More financial sector data for Micronesia
- Net domestic credit (current LCU), per capita 66.38 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 0.0189 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 101.67 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 0 SDR (2021)
- Gold reserves at market value 0 SDR (2021)
- Reserves excluding gold, foreign exchange 342.24 million SDR (2021)
- Reserves excluding gold 355.41 million SDR (2021)
- Total reserves (gold at market value) 355.41 million SDR (2021)
- Total reserves (gold at national valuation) 355.41 million SDR (2021)
- Domestic credit to private sector by banks 23.4% (2021)
Frequently asked questions
- What is financial institutions efficiency index in Micronesia?
- Financial institutions efficiency index in Micronesia was 0.0183 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Micronesia?
- The highest recorded value was 0.0531 in 1995.
- What is the lowest financial institutions efficiency index recorded in Micronesia?
- The lowest recorded value was 0 in 1980.
- How does Micronesia rank for financial institutions efficiency index?
- Micronesia ranks 183rd out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Micronesia?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia 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.