Financial Markets Efficiency Index in Spain
Spain: Financial Markets Efficiency Index was 0.7957 in 2020. ▲ Rising
Financial Markets Efficiency Index in Spain, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial markets efficiency index in Spain is 0.7957, measured in 2020.
The figure is up 2.8% on the previous year and down 20.4% over ten years.
Over the whole period, financial markets efficiency index in Spain peaked at 1 in 1998 and was at its lowest, 0.0662, in 1980.
That places Spain 17th 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 Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0662 | — |
| 1981 | 0.1137 | +71.9% |
| 1982 | 0.1334 | +17.3% |
| 1983 | 0.1352 | +1.3% |
| 1984 | 0.2132 | +57.7% |
| 1985 | 0.2361 | +10.7% |
| 1986 | 0.3988 | +68.9% |
| 1987 | 0.7095 | +77.9% |
| 1988 | 0.3568 | -49.7% |
| 1989 | 0.398 | +11.5% |
| 1990 | 0.501 | +25.9% |
| 1991 | 0.4024 | -19.7% |
| 1992 | 0.4044 | +0.5% |
| 1993 | 0.4721 | +16.7% |
| 1994 | 0.5518 | +16.9% |
| 1995 | 0.4271 | -22.6% |
| 1996 | 0.5303 | +24.2% |
| 1997 | 0.8083 | +52.4% |
| 1998 | 1 | +23.7% |
| 1999 | 1 | +0.0% |
| 2000 | 1 | +0.0% |
| 2001 | 1 | +0.0% |
| 2002 | 1 | +0.0% |
| 2003 | 1 | +0.0% |
| 2004 | 1 | +0.0% |
| 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 | 0.7744 | -22.6% |
| 2020 | 0.7957 | +2.8% |
Spain compared with similar countries
- Spain's 0.7957 is above the median for high income countries, which is 0.1876, 4.2× the median. (62 countries reporting)
- Spain's 0.7957 is above the median for Europe & Central Asia, which is 0.0675, 11.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Markets Efficiency Index in Spain 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 |
|---|---|---|---|
| 1987 | +77.9% | 0.3988 | 0.7095 |
| 1981 | +71.9% | 0.0662 | 0.1137 |
| 1986 | +68.9% | 0.2361 | 0.3988 |
| 1984 | +57.7% | 0.1352 | 0.2132 |
| 1997 | +52.4% | 0.5303 | 0.8083 |
| 1988 | -49.7% | 0.7095 | 0.3568 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2761 | 0.0662 | 0.7095 | 10 |
| 1990s | 0.6098 | 0.4024 | 1 | 10 |
| 2000s | 1 | 1 | 1 | 10 |
| 2010s | 0.9774 | 0.7744 | 1 | 10 |
| 2020s | 0.7957 | 0.7957 | 0.7957 | 1 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is financial markets efficiency index in Spain?
- Financial markets efficiency index in Spain was 0.7957 in 2020, according to International Monetary Fund.
- What is the highest financial markets efficiency index recorded in Spain?
- The highest recorded value was 1 in 1998.
- What is the lowest financial markets efficiency index recorded in Spain?
- The lowest recorded value was 0.0662 in 1980.
- How does Spain rank for financial markets efficiency index?
- Spain ranks 17th out of 183 countries with data for 2020.
- Is financial markets efficiency index rising or falling in Spain?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is rising.
- Where does this Spain 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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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.