Financial Markets Efficiency Index in Africa

Africa: Financial Markets Efficiency Index was 0.0145 in 2020. β—† Volatile

Latest (2020)
0.0145
Change on year
down 24.8%
Rank
8th
of 9 groups
All-time high
0.0468
in 1997
All-time low
0.0063
in 1988
Years of data
41
1980–2020

Financial Markets Efficiency Index in Africa, 1980–2020

0.010.020.030.040.051980200020201980: 0.0091981: 0.0081982: 0.0081983: 0.0081984: 0.0071985: 0.0071986: 0.0071987: 0.0081988: 0.0061989: 0.0081990: 0.011991: 0.0091992: 0.011993: 0.011994: 0.0271995: 0.0141996: 0.0431997: 0.0471998: 0.0421999: 0.0172000: 0.022001: 0.0192002: 0.0152003: 0.0152004: 0.0252005: 0.0182006: 0.0222007: 0.0262008: 0.0412009: 0.042010: 0.0412011: 0.0432012: 0.0412013: 0.0412014: 0.0422015: 0.0442016: 0.0452017: 0.0412018: 0.0442019: 0.0192020: 0.014

Source: International Monetary Fund.

Analysis

Africa recorded 0.0145 for financial markets efficiency index in 2020.

That represents a change of down 24.8% on the previous year and down 64.7% over ten years.

Over the whole period, financial markets efficiency index in Africa peaked at 0.0468 in 1997 and was at its lowest, 0.0063, in 1988.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0076 0.0063 0.0094 10
1990s 0.0229 0.0094 0.0468 10
2000s 0.0241 0.0148 0.0406 10
2010s 0.0402 0.0193 0.0447 10
2020s 0.0145 0.0145 0.0145 1

Countries ranked near Africa

  1. 11 Germany 0.9804 compare

See the full ranking of 192 places β†’

More financial sector data for Africa

All data for Africa β†’

Frequently asked questions

What is financial markets efficiency index in Africa?
Financial markets efficiency index in Africa was 0.0145 in 2020, according to International Monetary Fund.
What is the highest financial markets efficiency index recorded in Africa?
The highest recorded value was 0.0468 in 1997.
What is the lowest financial markets efficiency index recorded in Africa?
The lowest recorded value was 0.0063 in 1988.
How does Africa rank for financial markets efficiency index?
Africa ranks 8th out of 9 groups with data for 2020.
Is financial markets efficiency index rising or falling in Africa?
Over the last ten years it is down 64.7%. The long-run trend across the full record is volatile.
Where does this Africa data come from?
The figures come from International Monetary Fund, published as part of Financial Markets Efficiency Index. Statizoid updates them automatically from the source API.

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Financial Markets Efficiency Index in Africa. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-markets-efficiency-index/africa/

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About this data

Indicator
Financial Markets Efficiency Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.