Financial Markets Efficiency Index in Japan
Japan: Financial Markets Efficiency Index was 1 in 2020. ▲ Rising
Financial Markets Efficiency Index in Japan, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial markets efficiency index in Japan is 1, measured in 2020. That is the highest value across all 41 years on record.
The figure is unchanged over ten years.
Over the whole period, financial markets efficiency index in Japan peaked at 1 in 2002 and was at its lowest, 0.3319, in 1992.
That places Japan 1st out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Markets Efficiency Index in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.5866 | — |
| 1981 | 0.7574 | +29.1% |
| 1982 | 0.5178 | -31.6% |
| 1983 | 0.6154 | +18.9% |
| 1984 | 0.6135 | -0.3% |
| 1985 | 0.5924 | -3.4% |
| 1986 | 0.8 | +35.0% |
| 1987 | 0.912 | +14.0% |
| 1988 | 0.8284 | -9.2% |
| 1989 | 0.756 | -8.7% |
| 1990 | 0.6493 | -14.1% |
| 1991 | 0.4234 | -34.8% |
| 1992 | 0.3319 | -21.6% |
| 1993 | 0.3864 | +16.4% |
| 1994 | 0.3675 | -4.9% |
| 1995 | 0.3984 | +8.4% |
| 1996 | 0.4861 | +22.0% |
| 1997 | 0.617 | +26.9% |
| 1998 | 0.529 | -14.3% |
| 1999 | 0.5621 | +6.2% |
| 2000 | 0.97 | +72.6% |
| 2001 | 0.9277 | -4.4% |
| 2002 | 1 | +7.8% |
| 2003 | 0.973 | -2.7% |
| 2004 | 1 | +2.8% |
| 2005 | 1 | +0.0% |
| 2006 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Japan compared with similar countries
- Japan's 1 is above the median for high income countries, which is 0.1876, 5.3× the median. (62 countries reporting)
Biggest year-on-year movements
Years where Financial Markets Efficiency Index in Japan 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 |
|---|---|---|---|
| 2000 | +72.6% | 0.5621 | 0.97 |
| 1986 | +35.0% | 0.5924 | 0.8 |
| 1991 | -34.8% | 0.6493 | 0.4234 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6979 | 0.5178 | 0.912 | 10 |
| 1990s | 0.4751 | 0.3319 | 0.6493 | 10 |
| 2000s | 0.9871 | 0.9277 | 1 | 10 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Japan
More financial sector data for Japan
- Reserve position in the IMF, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.29 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.15 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 66.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.29 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.15 % change on previous year (2025)
Frequently asked questions
- What is financial markets efficiency index in Japan?
- Financial markets efficiency index in Japan was 1 in 2020, according to International Monetary Fund.
- What is the highest financial markets efficiency index recorded in Japan?
- The highest recorded value was 1 in 2002.
- What is the lowest financial markets efficiency index recorded in Japan?
- The lowest recorded value was 0.3319 in 1992.
- How does Japan rank for financial markets efficiency index?
- Japan ranks 1st out of 183 countries with data for 2020.
- Is financial markets efficiency index rising or falling in Japan?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Japan 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.
Download this data
CSV · JSON — 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.