Financial Institutions Efficiency Index in Saudi Arabia
Saudi Arabia: Financial Institutions Efficiency Index was 0.3798 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Saudi Arabia, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Saudi Arabia stood at 0.3798.
The figure is down 5.3% on the previous year and up 13.0% over ten years.
Over the whole period, financial institutions efficiency index in Saudi Arabia peaked at 0.7022 in 1998 and was at its lowest, 0.286, in 2015.
Saudi Arabia ranks 175th of 183 countries on this measure, 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 | 0.4762 | 0.3809 | 0.584 | 10 |
| 1990s | 0.6284 | 0.5784 | 0.7022 | 10 |
| 2000s | 0.4301 | 0.3193 | 0.7022 | 10 |
| 2010s | 0.3543 | 0.286 | 0.4096 | 10 |
| 2020s | 0.3798 | 0.3798 | 0.3798 | 1 |
Countries ranked near Saudi Arabia
- 172 Tanzania, United Republic of 0.4189 compare
- 173 Iceland 0.4027 compare
- 174 Ireland 0.3963 compare
- 176 Equatorial Guinea, Republic of 0.3748 compare
- 177 Liberia 0.3679 compare
- 178 South Sudan 0.3313 compare
More financial sector data for Saudi Arabia
- Net domestic credit (current LCU), per capita 32,328 current LCU per person (2017)
- Net domestic credit (current LCU), per unit of GDP 1.35 current LCU per US$ of GDP (2017)
- Net domestic credit (current LCU), annual growth rate 21.57 % change on previous year (2017)
- Gold reserves at 35 SDRs per ounce 363.54 million SDR (2025)
- Gold reserves at market value 33.13 billion SDR (2025)
- Reserves excluding gold, foreign exchange 317.55 billion SDR (2025)
- Reserves excluding gold 335.74 billion SDR (2025)
- Total reserves (gold at market value) 368.87 billion SDR (2025)
- Total reserves (gold at national valuation) 336.06 billion SDR (2025)
- Domestic credit to private sector by banks 64.3% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Saudi Arabia?
- Financial institutions efficiency index in Saudi Arabia was 0.3798 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Saudi Arabia?
- The highest recorded value was 0.7022 in 1998.
- What is the lowest financial institutions efficiency index recorded in Saudi Arabia?
- The lowest recorded value was 0.286 in 2015.
- How does Saudi Arabia rank for financial institutions efficiency index?
- Saudi Arabia ranks 175th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Saudi Arabia?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia 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.