Financial Institutions Efficiency Index in South Africa
South Africa: Financial Institutions Efficiency Index was 0.666 in 2020. β² Rising
Financial Institutions Efficiency Index in South Africa, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in South Africa stood at 0.666.
Compared with earlier readings it is down 0.1% on the previous year and down 14.5% over ten years.
Over the whole period, financial institutions efficiency index in South Africa peaked at 0.7787 in 2010 and was at its lowest, 0.499, in 1980.
That places South Africa 41st out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5644 | 0.499 | 0.5965 | 10 |
| 1990s | 0.5791 | 0.5342 | 0.6063 | 10 |
| 2000s | 0.6536 | 0.5836 | 0.7129 | 10 |
| 2010s | 0.6656 | 0.6238 | 0.7787 | 10 |
| 2020s | 0.666 | 0.666 | 0.666 | 1 |
Countries ranked near South Africa
- 38 North Macedonia 0.6698 compare
- 39 Burkina Faso 0.6687 compare
- 40 Philippines 0.6661 compare
- 42 Bulgaria 0.66 compare
- 43 Uruguay 0.6589 compare
- 44 Hungary 0.6585 compare
More financial sector data for South Africa
- Net domestic credit (current LCU), per capita 95,301 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 14.44 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.21 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 141.22 million SDR (2025)
- Gold reserves at market value 12.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 37.46 billion SDR (2025)
- Reserves excluding gold 42.64 billion SDR (2025)
- Total reserves (gold at market value) 55.51 billion SDR (2025)
- Total reserves (gold at national valuation) 55.42 billion SDR (2025)
- Domestic credit to private sector by banks 59.2% (2025)
Frequently asked questions
- What is financial institutions efficiency index in South Africa?
- Financial institutions efficiency index in South Africa was 0.666 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in South Africa?
- The highest recorded value was 0.7787 in 2010.
- What is the lowest financial institutions efficiency index recorded in South Africa?
- The lowest recorded value was 0.499 in 1980.
- How does South Africa rank for financial institutions efficiency index?
- South Africa ranks 41st out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in South Africa?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this South Africa 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.