Financial Institutions Efficiency Index in Slovak Republic
Slovak Republic: Financial Institutions Efficiency Index was 0.583 in 2020. ◆ Volatile
Financial Institutions Efficiency Index in Slovak Republic, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Slovak Republic is 0.583, measured in 2020.
The figure is down 1.1% on the previous year and up 3.3% over ten years.
Over the whole period, financial institutions efficiency index in Slovak Republic peaked at 0.597 in 2016 and was at its lowest, 0, in 1980.
That places Slovak Republic 93rd out of 183 countries with data for 2020, putting it in the middle of the range.
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 | 0.4614 | 0 | 0.5884 | 10 |
| 2000s | 0.5042 | 0.3073 | 0.5836 | 10 |
| 2010s | 0.5741 | 0.5242 | 0.597 | 10 |
| 2020s | 0.583 | 0.583 | 0.583 | 1 |
Countries ranked near Slovak Republic
More financial sector data for Slovak Republic
- Net domestic credit (current LCU), per capita 20,005 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.7696 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.05 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 35.66 million SDR (2025)
- Gold reserves at market value 3.25 billion SDR (2025)
- Reserves excluding gold, foreign exchange 8.44 billion SDR (2025)
- Reserves excluding gold 10.01 billion SDR (2025)
- Total reserves (gold at market value) 13.26 billion SDR (2025)
- Total reserves (gold at national valuation) 13.22 billion SDR (2025)
- Domestic credit to private sector by banks 59.6% (2024)
Frequently asked questions
- What is financial institutions efficiency index in Slovak Republic?
- Financial institutions efficiency index in Slovak Republic was 0.583 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Slovak Republic?
- The highest recorded value was 0.597 in 2016.
- What is the lowest financial institutions efficiency index recorded in Slovak Republic?
- The lowest recorded value was 0 in 1980.
- How does Slovak Republic rank for financial institutions efficiency index?
- Slovak Republic ranks 93rd out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Slovak Republic?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is volatile.
- Where does this Slovak Republic 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.
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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.