Financial Institutions Efficiency Index in Norway
Norway: Financial Institutions Efficiency Index was 0.7234 in 2020. β² Rising
Financial Institutions Efficiency Index in Norway, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Norway stood at 0.7234.
The figure is down 1.4% on the previous year and down 2.3% over ten years.
Over the whole period, financial institutions efficiency index in Norway peaked at 0.7545 in 2008 and was at its lowest, 0.1509, in 1980.
Norway ranks 13th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2905 | 0.1509 | 0.6074 | 10 |
| 1990s | 0.6416 | 0.4481 | 0.7151 | 10 |
| 2000s | 0.718 | 0.661 | 0.7545 | 10 |
| 2010s | 0.7315 | 0.7205 | 0.7419 | 10 |
| 2020s | 0.7234 | 0.7234 | 0.7234 | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % 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 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Domestic credit to private sector by banks 105.9% (2024)
Frequently asked questions
- What is financial institutions efficiency index in Norway?
- Financial institutions efficiency index in Norway was 0.7234 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Norway?
- The highest recorded value was 0.7545 in 2008.
- What is the lowest financial institutions efficiency index recorded in Norway?
- The lowest recorded value was 0.1509 in 1980.
- How does Norway rank for financial institutions efficiency index?
- Norway ranks 13th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Norway?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is rising.
- Where does this Norway 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.