Financial Institutions Efficiency Index in Türkiye
Türkiye: Financial Institutions Efficiency Index was 0.5814 in 2020. ▲ Rising
Financial Institutions Efficiency Index in Türkiye, 1980–2020
Source: International Monetary Fund.
Analysis
Türkiye recorded 0.5814 for financial institutions efficiency index in 2020.
The figure is down 1.0% on the previous year and down 2.8% over ten years.
Over the whole period, financial institutions efficiency index in Türkiye peaked at 0.6374 in 1983 and was at its lowest, 0.093, in 1998.
That places Türkiye 95th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5481 | 0.4531 | 0.6374 | 10 |
| 1990s | 0.3852 | 0.093 | 0.501 | 10 |
| 2000s | 0.4961 | 0.2165 | 0.5922 | 10 |
| 2010s | 0.5914 | 0.5747 | 0.6203 | 10 |
| 2020s | 0.5814 | 0.5814 | 0.5814 | 1 |
Countries ranked near Türkiye
- 92 Guinea 0.5855 compare
- 93 Slovak Republic 0.583 compare
- 94 Republic of Moldova 0.5823 compare
- 96 Libya 0.581 compare
- 97 Grenada 0.579 compare
- 98 Madagascar 0.5784 compare
More financial sector data for Türkiye
- Net domestic credit (current LCU), per capita 365,380 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.64 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 42.15 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 913.08 million SDR (2025)
- Gold reserves at market value 83.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 46.67 billion SDR (2025)
- Reserves excluding gold 52.30 billion SDR (2025)
- Total reserves (gold at market value) 135.50 billion SDR (2025)
- Total reserves (gold at national valuation) 134.36 billion SDR (2025)
- Domestic credit to private sector by banks 36.9% (2025)
Frequently asked questions
- What is financial institutions efficiency index in Türkiye?
- Financial institutions efficiency index in Türkiye was 0.5814 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Türkiye?
- The highest recorded value was 0.6374 in 1983.
- What is the lowest financial institutions efficiency index recorded in Türkiye?
- The lowest recorded value was 0.093 in 1998.
- How does Türkiye rank for financial institutions efficiency index?
- Türkiye ranks 95th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Türkiye?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this Türkiye 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.