Bank Overhead Costs

Global Ranking

percent of total assetsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Cyprus	15.48	2020	1	12.71
2 ↑	Angola	12.52	2020	31	4.8
3 ↑	Tajikistan	11.34	2020	13	6.71
4 ↑	Zambia	10.83	2017	16	6.5
5 ↑	Malawi	9.15	2014	7	8.69
6 ↓	Mozambique	8.54	2019	5	9.07
7 ↓	Sierra Leone	8.52	2017	3	9.52
8 ↓	Colombia	8.11	2020	6	8.88
9 ↓	Argentina	8.1	2020	4	9.23
10	Uganda	7.87	2019	10	7.09
11 ↓	Liberia	7.7	2019	9	7.74
12 ↑	Tanzania	6.86	2019	14	6.57
13 ↓	Lesotho	6.51	2020	12	6.89
14 ↑	Rwanda	6.25	2019	19	5.96
15 ↑	Swaziland	5.88	2014	25	5.49
16 ↑	Guinea	5.86	2020	27	5.29
17 ↓	Dominican Republic	5.48	2020	15	6.54
18 ↓	Gambia	5.32	2019	11	6.92
19 ↑	Ghana	5.25	2019	23	5.65
20 ↓	Kyrgyzstan	5.21	2020	17	6.18
21 ↑	Chad	5.19	2013	28	5.16
22 ↑	Latvia	5.16	2020	24	5.53
23 ↑	North Korea	5	2001	29	5.13
24 ↑	Samoa	4.98	2006	170
25 ↑	Cameroon	4.83	2017	53	3.79
26 ↑	Nicaragua	4.73	2014	34	4.74
27 ↓	Democratic Republic of the Congo	4.72	2020	8	8.16
27 ↓	Ukraine	4.72	2020	18	6.11
29 ↑	Antigua and Barbuda	4.67	2007	40	4.56
30 ↑	Yemen	4.52	2017	110	2.16
30 ↑	Namibia	4.52	2019	41	4.47
32 ↑	Madagascar	4.48	2019	37	4.66
33 ↓	Belize	4.44	2019	30	4.83
34 ↓	Sudan	4.33	2012	22	5.82
35	Costa Rica	4.31	2020	35	4.68
36 ↓	Gabon	4.29	2019	31	4.8
37 ↑	Uruguay	4.25	2019	39	4.59
37 ↑	Niger	4.25	2017	46	4.16
39 ↑	Ethiopia	4.22	2019	49	4.05
40 ↓	Kenya	4.18	2018	38	4.6
41 ↓	Belarus	4.13	2020	26	5.33
42 ↑	Senegal	4.05	2019	43	4.38
43 ↑	Mali	4.02	2019	47	4.15
44 ↓	Jamaica	4.01	2020	20	5.94
45 ↓	Burundi	3.97	2019	44	4.35
46 ↓	Papua New Guinea	3.92	2012	33	4.77
47 ↓	Ecuador	3.76	2020	45	4.34
48 ↑	Togo	3.7	2019	56	3.75
49	El Salvador	3.67	2020	49	4.05
50 ↓	Peru	3.6	2020	36	4.67
51 ↑	Honduras	3.49	2020	54	3.78
52 ↑	South Africa	3.32	2018	59	3.62
53 ↓	Trinidad and Tobago	3.31	2020	42	4.46
54 ↑	Haiti	3.27	2020	58	3.65
55 ↑	Seychelles	3.26	2019	69	3.31
56 ↓	Bolivia	3.25	2020	52	3.89
57 ↓	Nigeria	3.23	2020	48	4.1
58 ↑	Guatemala	3.22	2020	63	3.54
58 ↑	Azerbaijan	3.22	2020	71	3.16
60 ↑	Guyana	3.21	2018	70	3.23
61 ↓	Moldova	3.2	2020	60	3.59
62 ↓	Zimbabwe	3.12	2020	2	10.41
63 ↓	Sri Lanka	3.1	2020	57	3.72
64 ↑	Turkey	3.09	2018	80	2.86
65 ↑	Benin	3.08	2019	76	3.04
65 ↓	Paraguay	3.08	2020	61	3.57
67 ↓	Brazil	3.06	2020	21	5.91
68 ↓	Ivory Coast	3.02	2020	65	3.45
69 ↑	Suriname	3	2018	80	2.86
70 ↑	Saint Lucia	2.98	2018	91	2.56
71 ↓	Montenegro	2.96	2018	64	3.53
72 ↑	Djibouti	2.93	2019	98	2.39
73 ↓	Mexico	2.92	2020	67	3.4
73 ↑	Bosnia and Herzegovina	2.92	2020	87	2.67
75 ↓	Botswana	2.91	2018	72	3.12
76 ↓	Sweden	2.9	2020	72	3.12
77 ↑	Afghanistan	2.75	2019	92	2.55
78 ↑	United States	2.71	2019	85	2.76
79 ↑	Indonesia	2.7	2020	83	2.79
80 ↓	Serbia	2.67	2020	78	2.96
81 ↓	Mauritania	2.63	2020	62	3.56
82 ↓	Bahamas	2.6	2019	79	2.88
82 ↓	Romania	2.6	2020	51	3.92
84 ↑	Fiji	2.57	2020	95	2.45
85 ↓	Russia	2.56	2020	75	3.06
85 ↑	Andorra	2.56	2020	88	2.64
87 ↓	Georgia	2.53	2020	74	3.07
88 ↓	San Marino	2.46	2013	66	3.43
88 ↓	Kazakhstan	2.46	2020	77	2.99
90 ↑	Venezuela	2.37	2018	156	0.93
91 ↓	Slovenia	2.31	2018	84	2.77
92 ↑	Panama	2.3	2020	93	2.54
93 ↑	Denmark	2.29	2020	116	1.9
94 ↑	Morocco	2.28	2019	100	2.31
94 ↑	Croatia	2.28	2020	97	2.42
96 ↓	Estonia	2.25	2020	86	2.72
97 ↓	Philippines	2.21	2020	68	3.37
98 ↑	Jordan	2.18	2018	107	2.2
99 ↓	Barbados	2.16	2019	93	2.54
100 ↓	Bermuda	2.15	2020	90	2.57
101 ↑	Mongolia	2.14	2020	107	2.2
102 ↑	Hungary	2.12	2019	106	2.24
103 ↑	Chile	2.11	2020	113	2.07
104 ↓	Bulgaria	2.08	2018	99	2.36
105 ↓	Cape Verde	2.03	2020	103	2.29
106 ↓	Maldives	2.02	2020	100	2.31
107 ↓	Albania	2.01	2018	104	2.28
108 ↑	Cambodia	1.99	2018	120	1.86
109 ↑	Nepal	1.96	2019	120	1.86
109	Macedonia	1.96	2019	109	2.18
111 ↓	Uzbekistan	1.94	2020	82	2.82
112 ↓	Pakistan	1.91	2020	100	2.31
113 ↑	South Korea	1.88	2020	124	1.79
113 ↑	Burma (Myanmar)	1.88	2019	159	0.9
113 ↓	Armenia	1.88	2020	96	2.44
116 ↑	Italy	1.84	2019	132	1.61
116 ↓	Slovakia	1.84	2019	114	1.93
118 ↓	Iceland	1.83	2020	105	2.26
119 ↓	Bangladesh	1.78	2020	112	2.08
120 ↑	Ireland	1.74	2019	132	1.61
121 ↓	Norway	1.72	2020	111	2.12
122 ↓	Austria	1.66	2020	119	1.89
123 ↑	Malta	1.65	2020	134	1.58
124 ↓	India	1.62	2020	116	1.9
125	Switzerland	1.59	2020	125	1.76
126 ↑	Oman	1.58	2020	131	1.64
127 ↓	Lithuania	1.57	2014	123	1.81
127 ↓	Poland	1.57	2020	116	1.9
129 ↓	Burkina Faso	1.55	2020	88	2.64
129 ↓	Canada	1.55	2020	127	1.72
131 ↓	Laos	1.49	2020	128	1.7
132 ↓	Israel	1.48	2020	122	1.82
133 ↓	Vietnam	1.46	2020	128	1.7
134 ↑	Greece	1.42	2014	136	1.49
135 ↑	Australia	1.41	2020	164	0.76
136 ↑	Libya	1.37	2018	156	0.93
137 ↓	Portugal	1.36	2020	125	1.76
138 ↑	Egypt	1.32	2020	150	1.16
139	Saudi Arabia	1.31	2020	139	1.37
139 ↓	United Kingdom	1.31	2020	130	1.68
141	Finland	1.27	2019	141	1.31
142 ↑	Singapore	1.26	2019	147	1.22
143 ↑	Monaco	1.25	2002	148	1.2
144 ↓	Netherlands	1.23	2020	138	1.41
144 ↓	Thailand	1.23	2020	142	1.28
146 ↓	Mauritius	1.22	2020	115	1.92
146 ↓	Bahrain	1.22	2020	142	1.28
148 ↓	Bhutan	1.21	2020	137	1.44
149 ↑	Syria	1.18	2020	163	0.77
150 ↓	United Arab Emirates	1.16	2020	145	1.25
151 ↓	France	1.15	2020	142	1.28
152 ↓	Kuwait	1.11	2020	149	1.19
152	New Zealand	1.11	2020	152	1.06
152 ↓	Macao	1.11	2020	135	1.53
155 ↑	Belgium	1.08	2020	159	0.9
156 ↓	Algeria	1.07	2019	151	1.13
157 ↓	Germany	0.99	2020	155	0.95
158 ↓	Spain	0.97	2020	140	1.32
159 ↓	Hong Kong	0.91	2020	154	0.97
159 ↓	Lebanon	0.91	2020	145	1.25
161 ↑	Czech Republic	0.85	2020	167	0.67
162 ↑	Luxembourg	0.8	2019	166	0.73
163 ↓	China	0.79	2020	161	0.81
163 ↓	Malaysia	0.79	2020	153	1.03
165 ↓	Tunisia	0.75	2020	55	3.76
166 ↑	Taiwan	0.7	2020	168	0.66
167 ↓	Qatar	0.67	2020	162	0.8
168 ↓	Japan	0.65	2020	164	0.76
169 ↓	Iraq	0.43	2020	158	0.92
170 ↓	Turkmenistan	0.36	2019	169	0.29

Definition of Bank Overhead Costs

Operating expenses of a bank as a share of the value of all assets held. Total assets include total earning assets, cash and due from banks, foreclosed real estate, fixed assets, goodwill, other intangibles, current tax assets, deferred tax assets, discontinued operations and other assets. The numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.