Financial Institutions Efficiency Index in Slovakia
Slovakia: Financial Institutions Efficiency Index was 0.583 in 2020. ◆ Volatile
Financial Institutions Efficiency Index in Slovakia, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Slovakia 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 Slovakia peaked at 0.597 in 2016 and was at its lowest, 0, in 1980.
That places Slovakia 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.
Financial Institutions Efficiency Index in Slovakia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0.5884 | — |
| 1992 | 0.5625 | -4.4% |
| 1993 | 0.549 | -2.4% |
| 1994 | 0.4734 | -13.8% |
| 1995 | 0.4779 | +0.9% |
| 1996 | 0.5164 | +8.1% |
| 1997 | 0.49 | -5.1% |
| 1998 | 0.5218 | +6.5% |
| 1999 | 0.4349 | -16.7% |
| 2000 | 0.3666 | -15.7% |
| 2001 | 0.3073 | -16.2% |
| 2002 | 0.5368 | +74.7% |
| 2003 | 0.5457 | +1.7% |
| 2004 | 0.5289 | -3.1% |
| 2005 | 0.5304 | +0.3% |
| 2006 | 0.573 | +8.0% |
| 2007 | 0.5836 | +1.9% |
| 2008 | 0.5406 | -7.4% |
| 2009 | 0.5289 | -2.2% |
| 2010 | 0.5643 | +6.7% |
| 2011 | 0.5242 | -7.1% |
| 2012 | 0.5516 | +5.2% |
| 2013 | 0.5784 | +4.9% |
| 2014 | 0.5799 | +0.2% |
| 2015 | 0.5873 | +1.3% |
| 2016 | 0.597 | +1.6% |
| 2017 | 0.5836 | -2.2% |
| 2018 | 0.5855 | +0.3% |
| 2019 | 0.5896 | +0.7% |
| 2020 | 0.583 | -1.1% |
Slovakia compared with similar countries
- Slovakia's 0.583 is below the median for high income countries, which is 0.612, 95% of the median. (62 countries reporting)
- Slovakia's 0.583 is above the median for Europe & Central Asia, which is 0.583, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Efficiency Index in Slovakia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +74.7% | 0.3073 | 0.5368 |
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 Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is financial institutions efficiency index in Slovakia?
- Financial institutions efficiency index in Slovakia was 0.583 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Slovakia?
- The highest recorded value was 0.597 in 2016.
- What is the lowest financial institutions efficiency index recorded in Slovakia?
- The lowest recorded value was 0 in 1980.
- How does Slovakia rank for financial institutions efficiency index?
- Slovakia ranks 93rd out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Slovakia?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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
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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.