Luxembourg: Financial openness
* indicates monthly or quarterly data series
| Luxembourg |
Financial openness index |
|---|---|
| Latest value | 0.000 |
| Year | |
| Measure | index points |
| Data availability | - |
| Average | 0.000 |
| Min - Max | 0.000 - 0.000 |
| Source | Chinn-Ito Index |
The latest value from is index points, unavailable from index points in . In comparison, the world average is 0.000 index points, based on data from countries. Historically, the average for Luxembourg from to is index points. The minimum value, index points, was reached in while the maximum of index points was recorded in .
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The value of that indicator for is index points.
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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 | 95.36 | 2021 | percent |
| Trade openness | 394.22 | 2023 | percent |
| Exports, percent of GDP | 212.53 | 2023 | percent |
| Exports, billion dollars | 182.26 | 2023 | billion U.S. dollars |
| Growth of exports | -1.37 | 2023 | percent |
| Imports, percent of GDP | 181.69 | 2023 | percent |
| Imports, billion dollars | 155.81 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | -73.24 | 2023 | percent |
| Foreign Direct Investment, billion dollars | -23.68 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 97,125.15 | 2023 | million dollars (current) |
| Current account, percent of GDP | 6.80 | 2023 | percent |
| Current account, in dollars | 5.13 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 30.84 | 2023 | percent |
| Trade balance, in dollars | 28.00 | 2023 | billion U.S. dollars |
| Reserves | 2.98 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 2.72 | 2023 | percent |
| Remittances | 2,336.42 | 2023 | million U.S. dollars |
| Net errors and omissions | -9.81 | 2023 | million USD |
| Foreign exchange reserves | 2.68 | 3/2025 | billion |