Algeria: Financial openness
* indicates monthly or quarterly data series
| Algeria |
Financial openness index |
|---|---|
| Latest value | -1.248 |
| Year | 2022 |
| Measure | index points |
| Data availability | 1970 - 2022 |
| Average | -1.468 |
| Min - Max | -1.935 - -1.248 |
| Source | Chinn-Ito Index |
| Available for | Data download |
The latest value from 2022 is -1.248 index points, unchanged from -1.248 index points in 2021. In comparison, the world average is 0.307 index points, based on data from 174 countries. Historically, the average for Algeria from 1970 to 2022 is -1.468 index points. The minimum value, -1.935 index points, was reached in 1970 while the maximum of -1.248 index points was recorded in 1971.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Algeria: Financial openness |
|---|---|
| 2022 | -1.248 |
| 2021 | -1.248 |
| 2020 | -1.248 |
| 2019 | -1.248 |
| 2018 | -1.248 |
| 2017 | -1.248 |
| 2016 | -1.248 |
| 2015 | -1.248 |
Definition: The Chinn-Ito index measures a country's degree of capital account openness and was introduced in Chinn and Ito (Journal of Development Economics, 2006). It is based on variables that codify the restrictions on cross-border financial transactions in the IMF's Annual Report on Exchange Arrangements and Exchange Restrictions. Higher values mean greater financial openness.
Other resources:
Download data from our database
All indicators for Algeria
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 138.20 | 2024 | percent |
| Trade openness | 38.98 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 16.83 | 2025 | percent |
| Exports, billion dollars | 48.32 | 2025 | billion U.S. dollars |
| Growth of exports | 2.51 | 2025 | percent |
| Imports, percent of GDP | 22.14 | 2025 | percent |
| Imports, billion dollars | 63.56 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.46 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 1.23 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 1991 | million dollars (current) |
| Current account, percent of GDP | -1.02 | 2024 | percent |
| Current account, in dollars | -2.75 | 2024 | billion U.S. dollars |
| Trade balance, percent of GDP | -5.31 | 2025 | percent |
| Trade balance, in dollars | -1.41 | 2024 | billion U.S. dollars |
| Reserves | 72.50 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.67 | 2024 | percent |
| Remittances | 1,798.92 | 2024 | million U.S. dollars |
| Net errors and omissions | -192.96 | 2024 | million USD |
| External debt | 2.56 | 2024 | percent |
| Short-term external debt | 25.51 | 2024 | percent |
| Short-term debt to reserves | 2.12 | 2024 | percent |