Payments & Settlement Systems — National Capability Index

Indicators

The measures seeded for this capability in the framework. They are candidate indicators: no cell in the index has a source document attached to it yet.

real-time payment transaction volume
payment system availability and uptime
settlement value processed to GDP

Band spread across 197 nations

Frontier 6

Advanced 31

Established 37

Transitional 43

Foundational 47

Nascent 25

Inception 8

All 197 nations

Best first. The score is the mean of the four adjudicators' round-3 integers, rounded to the nearest integer; ±SD is their spread on that cell. Where the spread is three points or more, read the number as a band rather than a value.

#	Nation	Region	Score	Band	Panel SD
1	🇨🇳China	Asia Pacific	19	Frontier	±0.00
2	🇸🇬Singapore	Asia Pacific	19	Frontier	±0.71
3	🇧🇷Brazil	Americas	18	Frontier	±0.50
4	🇮🇳India	Asia Pacific	18	Frontier	±0.83
5	🇬🇧United Kingdom	Europe	18	Frontier	±0.71
6	🇺🇸United States	Americas	18	Frontier	±0.83
7	🇦🇺Australia	Asia Pacific	17	Advanced	±0.71
8	🇨🇦Canada	Americas	17	Advanced	±0.87
9	🇩🇰Denmark	Europe	17	Advanced	±0.83
10	🇫🇮Finland	Europe	17	Advanced	±0.87
11	🇫🇷France	Europe	17	Advanced	±0.43
12	🇩🇪Germany	Europe	17	Advanced	±0.43
13	🇯🇵Japan	Asia Pacific	17	Advanced	±0.43
14	🇳🇱Netherlands	Europe	17	Advanced	±0.43
15	🇰🇷South Korea	Asia Pacific	17	Advanced	±0.43
16	🇸🇪Sweden	Europe	17	Advanced	±0.43
17	🇨🇭Switzerland	Europe	17	Advanced	±0.43
18	🇦🇹Austria	Europe	16	Advanced	±0.83
19	🇧🇪Belgium	Europe	16	Advanced	±0.43
20	🇪🇪Estonia	Europe	16	Advanced	±0.43
21	🇮🇪Ireland	Europe	16	Advanced	±0.50
22	🇮🇱Israel	Middle East	16	Advanced	±0.50
23	🇮🇹Italy	Europe	16	Advanced	±0.50
24	🇱🇺Luxembourg	Europe	16	Advanced	±0.43
25	🇲🇾Malaysia	Asia Pacific	16	Advanced	±0.43
26	🇳🇿New Zealand	Asia Pacific	16	Advanced	±0.87
27	🇳🇴Norway	Europe	16	Advanced	±0.43
28	🇪🇸Spain	Europe	16	Advanced	±0.83
29	🇹🇼Taiwan	Asia Pacific	16	Advanced	±0.43
30	🇹🇭Thailand	Asia Pacific	16	Advanced	±0.50
31	🇦🇪United Arab Emirates	Middle East	16	Advanced	±0.00
32	🇱🇹Lithuania	Europe	15	Advanced	±0.43
33	🇲🇽Mexico	Americas	15	Advanced	±0.43
34	🇵🇱Poland	Europe	15	Advanced	±0.00
35	🇵🇹Portugal	Europe	15	Advanced	±0.50
36	🇷🇺Russia	Europe	15	Advanced	±0.00
37	🇸🇦Saudi Arabia	Middle East	15	Advanced	±0.43
38	🇧🇭Bahrain	Middle East	14	Established	±0.00
39	🇨🇱Chile	Americas	14	Established	±0.43
40	🇨🇿Czechia	Europe	14	Established	±0.00
41	🇮🇸Iceland	Europe	14	Established	±0.43
42	🇮🇩Indonesia	Asia Pacific	14	Established	±0.43
43	🇰🇪Kenya	Africa	14	Established	±0.00
44	🇱🇻Latvia	Europe	14	Established	±0.00
45	🇲🇹Malta	Europe	14	Established	±0.83
46	🇶🇦Qatar	Middle East	14	Established	±0.50
47	🇸🇰Slovakia	Europe	14	Established	±0.50
48	🇸🇮Slovenia	Europe	14	Established	±0.87
49	🇿🇦South Africa	Africa	14	Established	±0.00
50	🇹🇷Türkiye	Middle East	14	Established	±0.43
51	🇦🇷Argentina	Americas	13	Established	±0.43
52	🇭🇷Croatia	Europe	13	Established	±0.00
53	🇨🇾Cyprus	Middle East	13	Established	±0.00
54	🇬🇭Ghana	Africa	13	Established	±0.50
55	🇬🇷Greece	Europe	13	Established	±0.00
56	🇭🇺Hungary	Europe	13	Established	±0.43
57	🇰🇼Kuwait	Middle East	13	Established	±0.43
58	🇳🇬Nigeria	Africa	13	Established	±0.71
59	🇴🇲Oman	Middle East	13	Established	±0.50
60	🇵🇭Philippines	Asia Pacific	13	Established	±0.43
61	🇷🇴Romania	Europe	13	Established	±0.43
62	🇻🇳Vietnam	Asia Pacific	13	Established	±0.00
63	🇧🇬Bulgaria	Europe	12	Established	±0.00
64	🇨🇴Colombia	Americas	12	Established	±0.43
65	🇨🇷Costa Rica	Americas	12	Established	±0.00
66	🇪🇬Egypt	Africa	12	Established	±0.00
67	🇰🇿Kazakhstan	Asia Pacific	12	Established	±0.00
68	🇱🇮Liechtenstein	Europe	12	Established	±0.43
69	🇲🇺Mauritius	Africa	12	Established	±0.43
70	🇲🇦Morocco	Africa	12	Established	±0.50
71	🇵🇪Peru	Americas	12	Established	±0.43
72	🇷🇸Serbia	Europe	12	Established	±0.00
73	🇺🇦Ukraine	Europe	12	Established	±0.00
74	🇺🇾Uruguay	Americas	12	Established	±0.50
75	🇦🇩Andorra	Europe	11	Transitional	±1.66
76	🇧🇩Bangladesh	Asia Pacific	11	Transitional	±0.00
77	🇰🇭Cambodia	Asia Pacific	11	Transitional	±0.50
78	🇪🇨Ecuador	Americas	11	Transitional	±0.50
79	🇬🇪Georgia	Middle East	11	Transitional	±0.43
80	🇮🇷Iran	Asia Pacific	11	Transitional	±1.23
81	🇯🇴Jordan	Middle East	11	Transitional	±0.43
82	🇲🇨Monaco	Europe	11	Transitional	±0.83
83	🇵🇦Panama	Americas	11	Transitional	±0.43
84	🇱🇰Sri Lanka	Asia Pacific	11	Transitional	±0.71
85	🇦🇱Albania	Europe	10	Transitional	±0.50
86	🇦🇿Azerbaijan	Middle East	10	Transitional	±0.00
87	🇧🇸Bahamas	Americas	10	Transitional	±0.71
88	🇧🇧Barbados	Americas	10	Transitional	±0.71
89	🇧🇾Belarus	Europe	10	Transitional	±0.00
90	🇧🇼Botswana	Africa	10	Transitional	±0.71
91	🇧🇳Brunei	Asia Pacific	10	Transitional	±0.00
92	🇩🇴Dominican Republic	Americas	10	Transitional	±0.43
93	🇸🇻El Salvador	Americas	10	Transitional	±0.43
94	🇬🇹Guatemala	Americas	10	Transitional	±0.50
95	🇯🇲Jamaica	Americas	10	Transitional	±0.50
96	🇲🇪Montenegro	Europe	10	Transitional	±0.50
97	🇳🇦Namibia	Africa	10	Transitional	±0.43
98	🇲🇰North Macedonia	Europe	10	Transitional	±0.50
99	🇵🇰Pakistan	Asia Pacific	10	Transitional	±0.00
100	🇵🇾Paraguay	Americas	10	Transitional	±0.43
101	🇷🇼Rwanda	Africa	10	Transitional	±0.43
102	🇸🇳Senegal	Africa	10	Transitional	±0.00
103	🇹🇿Tanzania	Africa	10	Transitional	±0.00
104	🇹🇹Trinidad & Tobago	Americas	10	Transitional	±0.43
105	🇹🇳Tunisia	Africa	10	Transitional	±0.43
106	🇩🇿Algeria	Africa	9	Transitional	±0.71
107	🇦🇲Armenia	Middle East	9	Transitional	±0.00
108	🇧🇦Bosnia & Herzegovina	Europe	9	Transitional	±0.43
109	🇨🇮Côte d'Ivoire	Africa	9	Transitional	±0.00
110	🇪🇹Ethiopia	Africa	9	Transitional	±0.00
111	🇲🇩Moldova	Europe	9	Transitional	±0.00
112	🇲🇳Mongolia	Asia Pacific	9	Transitional	±0.43
113	🇳🇵Nepal	Asia Pacific	9	Transitional	±0.50
114	🇸🇲San Marino	Europe	9	Transitional	±1.30
115	🇸🇨Seychelles	Africa	9	Transitional	±0.50
116	🇺🇬Uganda	Africa	9	Transitional	±0.43
117	🇺🇿Uzbekistan	Asia Pacific	9	Transitional	±0.43
118	🇦🇴Angola	Africa	8	Foundational	±0.00
119	🇦🇬Antigua & Barbuda	Americas	8	Foundational	±0.50
120	🇧🇯Benin	Africa	8	Foundational	±0.00
121	🇧🇴Bolivia	Americas	8	Foundational	±0.00
122	🇨🇻Cabo Verde	Africa	8	Foundational	±0.50
123	🇨🇲Cameroon	Africa	8	Foundational	±0.00
124	🇫🇯Fiji	Asia Pacific	8	Foundational	±0.43
125	🇭🇳Honduras	Americas	8	Foundational	±0.43
126	🇰🇬Kyrgyzstan	Asia Pacific	8	Foundational	±0.00
127	🇲🇻Maldives	Asia Pacific	8	Foundational	±0.43
128	🇹🇬Togo	Africa	8	Foundational	±0.43
129	🇿🇲Zambia	Africa	8	Foundational	±0.00
130	🇧🇿Belize	Americas	7	Foundational	±0.43
131	🇧🇫Burkina Faso	Africa	7	Foundational	±0.43
132	🇩🇲Dominica	Americas	7	Foundational	±0.50
133	🇸🇿Eswatini	Africa	7	Foundational	±0.43
134	🇬🇾Guyana	Americas	7	Foundational	±0.00
135	🇮🇶Iraq	Middle East	7	Foundational	±0.43
136	🇽🇰Kosovo	Europe	7	Foundational	±1.23
137	🇲🇿Mozambique	Africa	7	Foundational	±0.00
138	🇳🇮Nicaragua	Americas	7	Foundational	±0.00
139	🇵🇸Palestine	Middle East	7	Foundational	±0.50
140	🇰🇳Saint Kitts & Nevis	Americas	7	Foundational	±0.50
141	🇱🇨Saint Lucia	Americas	7	Foundational	±0.50
142	🇻🇨Saint Vincent & Grenadines	Americas	7	Foundational	±0.50
143	🇻🇪Venezuela	Americas	7	Foundational	±1.09
144	🇿🇼Zimbabwe	Africa	7	Foundational	±0.00
145	🇧🇹Bhutan	Asia Pacific	6	Foundational	±1.87
146	🇨🇬Congo	Africa	6	Foundational	±0.50
147	🇨🇺Cuba	Americas	6	Foundational	±0.43
148	🇩🇯Djibouti	Africa	6	Foundational	±0.43
149	🇨🇩DR Congo	Africa	6	Foundational	±0.43
150	🇬🇦Gabon	Africa	6	Foundational	±0.43
151	🇬🇲Gambia	Africa	6	Foundational	±0.50
152	🇬🇩Grenada	Americas	6	Foundational	±0.43
153	🇱🇦Laos	Asia Pacific	6	Foundational	±0.43
154	🇱🇸Lesotho	Africa	6	Foundational	±0.00
155	🇲🇬Madagascar	Africa	6	Foundational	±0.43
156	🇲🇼Malawi	Africa	6	Foundational	±0.43
157	🇲🇱Mali	Africa	6	Foundational	±0.43
158	🇲🇷Mauritania	Africa	6	Foundational	±0.43
159	🇲🇲Myanmar	Asia Pacific	6	Foundational	±0.43
160	🇵🇬Papua New Guinea	Asia Pacific	6	Foundational	±0.00
161	🇸🇱Sierra Leone	Africa	6	Foundational	±0.43
162	🇸🇴Somalia	Africa	6	Foundational	±0.83
163	🇸🇷Suriname	Americas	6	Foundational	±0.00
164	🇹🇯Tajikistan	Asia Pacific	6	Foundational	±0.43
165	🇧🇮Burundi	Africa	5	Nascent	±0.43
166	🇰🇲Comoros	Africa	5	Nascent	±0.43
167	🇬🇶Equatorial Guinea	Africa	5	Nascent	±0.43
168	🇬🇳Guinea	Africa	5	Nascent	±0.43
169	🇱🇧Lebanon	Middle East	5	Nascent	±0.83
170	🇱🇷Liberia	Africa	5	Nascent	±0.43
171	🇳🇪Niger	Africa	5	Nascent	±0.43
172	🇼🇸Samoa	Asia Pacific	5	Nascent	±0.00
173	🇸🇹São Tomé & Príncipe	Africa	5	Nascent	±0.43
174	🇸🇧Solomon Islands	Asia Pacific	5	Nascent	±0.43
175	🇹🇴Tonga	Asia Pacific	5	Nascent	±0.50
176	🇹🇲Turkmenistan	Asia Pacific	5	Nascent	±0.83
177	🇻🇺Vanuatu	Asia Pacific	5	Nascent	±0.50
178	🇨🇫Central African Rep.	Africa	4	Nascent	±0.00
179	🇹🇩Chad	Africa	4	Nascent	±0.00
180	🇭🇹Haiti	Americas	4	Nascent	±0.50
181	🇱🇾Libya	Africa	4	Nascent	±0.83
182	🇹🇱Timor-Leste	Asia Pacific	4	Nascent	±0.43
183	🇬🇼Guinea-Bissau	Africa	3	Nascent	±0.00
184	🇰🇮Kiribati	Asia Pacific	3	Nascent	±0.43
185	🇰🇵North Korea	Asia Pacific	3	Nascent	±0.50
186	🇵🇼Palau	Asia Pacific	3	Nascent	±0.50
187	🇸🇩Sudan	Africa	3	Nascent	±0.43
188	🇸🇾Syria	Middle East	3	Nascent	±0.43
189	🇾🇪Yemen	Middle East	3	Nascent	±0.50
190	🇦🇫Afghanistan	Asia Pacific	2	Inception	±0.00
191	🇪🇷Eritrea	Africa	2	Inception	±0.43
192	🇲🇭Marshall Islands	Asia Pacific	2	Inception	±0.83
193	🇫🇲Micronesia	Asia Pacific	2	Inception	±0.83
194	🇳🇷Nauru	Asia Pacific	2	Inception	±0.43
195	🇸🇸South Sudan	Africa	2	Inception	±0.00
196	🇹🇻Tuvalu	Asia Pacific	2	Inception	±0.43
197	🇻🇦Holy See	Europe	1	Inception	±0.43

Others in Financial Infrastructure

Capability	World mean	Range	Leader
Currency & Reserves	9.4	2–19	United States
Markets, Exchanges & Depositories	7.6	0–20	United States
Banks, Insurers & Systemic Institutions	9.1	2–19	United States