This statistic shows the results of the survey question: "In your country, how do you assess the soundness of banks?". Of the Benelux countries, Luxembourg has the highest score when it comes to the soundness of banks. The Global Competitiveness Index (GCI) combines 114 indicators that capture concepts that matter for productivity and long-term prosperity. These indicators are grouped into 12 pillars: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation. These pillars are in turn organized into three subindexes: basic requirements, efficiency enhancers, and innovation and sophistication factors. The three subindexes are given different weights in the calculation of the overall Index, depending on each economy’s stage of development, as proxied by its GDP per capita and the share of exports represented by raw materials.
In your country, how do you assess the soundness of banks?
This question was phrased by the source as follows: "In your country, how do you assess the soundness of banks? [1 = extremely low—banks may require recapitalization; 7 = extremely high—banks are generally healthy with sound
balance sheets]"
** The numbers provided are the weighted average from a survey which took place in 2019. Belgium was not included in 2019, but the source used data from the same survey question in 2018. The exact number of respondents and weight per country were as follows:
Belgium - 2018: 56 respondents with a weight of 48.1 percent;
Luxembourg - 2019: 44 respondents with a weight of 56.5 percent;
Netherlands - 2019: 87 respondents with a weight of 56.4 percent.
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World Economic Forum. (August 8, 2019). In your country, how do you assess the soundness of banks? [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/
World Economic Forum. "In your country, how do you assess the soundness of banks?." Chart. August 8, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/
World Economic Forum. (2019). In your country, how do you assess the soundness of banks?. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/
World Economic Forum. "In Your Country, How Do You Assess The Soundness of Banks?." Statista, Statista Inc., 8 Aug 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/
World Economic Forum, In your country, how do you assess the soundness of banks? Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/ (last visited November 10, 2024)
In your country, how do you assess the soundness of banks? [Graph], World Economic Forum, August 8, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/613967/ranking-of-bank-soudness-in-the-benelux-by-country/
