China: Financial openness
* indicates monthly or quarterly data series
| China |
Financial openness index |
|---|---|
| Latest value | -1.248 |
| Year | 2022 |
| Measure | index points |
| Data availability | 1984 - 2022 |
| Average | -1.354 |
| 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 China from 1984 to 2022 is -1.354 index points. The minimum value, -1.935 index points, was reached in 1987 while the maximum of -1.248 index points was recorded in 1984.
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* indicates monthly or quarterly data series
| Recent values | China: 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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 84.70 | 2024 | percent |
| Trade openness | 37.96 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 21.07 | 2025 | percent |
| Exports, billion dollars | 4,108.47 | 2025 | billion U.S. dollars |
| Imports, percent of GDP | 16.89 | 2025 | percent |
| Imports, billion dollars | 3,292.28 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.41 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 42.65 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -20,236.69 | 2024 | million dollars (current) |
| Current account, percent of GDP | 3.77 | 2025 | percent |
| Current account, in dollars | 735.02 | 2025 | billion U.S. dollars |
| Current Account, quarterly | 4.39 | 3/2026 | percent |
| Trade balance, percent of GDP | 4.19 | 2025 | percent |
| Trade balance, in dollars | 538.96 | 2024 | billion U.S. dollars |
| Reserves | 3,748.74 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.17 | 2024 | percent |
| Remittances | 30,002.56 | 2025 | million U.S. dollars |
| Net errors and omissions | 38,497.98 | 2025 | million USD |
| External debt | 12.76 | 2024 | percent |
| Short-term external debt | 54.57 | 2024 | percent |
| Short-term debt to reserves | 37.79 | 2024 | percent |