Financial Institutions Efficiency Index in Nicaragua
Nicaragua: Financial Institutions Efficiency Index was 0.5023 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Nicaragua, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Nicaragua stood at 0.5023.
That represents a change of up 3.6% on the previous year and down 1.8% over ten years.
Over the whole period, financial institutions efficiency index in Nicaragua peaked at 0.7585 in 1980 and was at its lowest, 0.4098, in 2001.
That places Nicaragua 146th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6767 | 0.5298 | 0.7585 | 10 |
| 1990s | 0.5656 | 0.4134 | 0.6072 | 10 |
| 2000s | 0.5325 | 0.4098 | 0.6203 | 10 |
| 2010s | 0.5219 | 0.4848 | 0.5492 | 10 |
| 2020s | 0.5023 | 0.5023 | 0.5023 | 1 |
Countries ranked near Nicaragua
More financial sector data for Nicaragua
- Net domestic credit (current LCU), per capita 27,229 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 9.56 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 16.59 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 5.77 billion SDR (2025)
- Reserves excluding gold 6.08 billion SDR (2025)
- Total reserves (gold at market value) 6.08 billion SDR (2025)
- Total reserves (gold at national valuation) 6.08 billion SDR (2025)
- Domestic credit to private sector by banks 29.1% (2024)
Frequently asked questions
- What is financial institutions efficiency index in Nicaragua?
- Financial institutions efficiency index in Nicaragua was 0.5023 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Nicaragua?
- The highest recorded value was 0.7585 in 1980.
- What is the lowest financial institutions efficiency index recorded in Nicaragua?
- The lowest recorded value was 0.4098 in 2001.
- How does Nicaragua rank for financial institutions efficiency index?
- Nicaragua ranks 146th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Nicaragua?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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.