
Malawi: Financial openness
* indicates monthly or quarterly data series
Malawi |
Financial openness index |
---|---|
Latest value | -1.242 |
Year | 2021 |
Measure | index points |
Data availability | 1970 - 2021 |
Average | -1.314 |
Min - Max | -1.931 - -0.166 |
Source | Chinn-Ito Index |
The latest value from 2021 is -1.242 index points, unchanged from -1.242 index points in 2020. In comparison, the world average is 0.322 index points, based on data from 176 countries. Historically, the average for Malawi from 1970 to 2021 is -1.314 index points. The minimum value, -1.931 index points, was reached in 2006 while the maximum of -0.166 index points was recorded in 1995.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
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.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 90.44 | 2021 | percent |
Financial openness | -1.242 | 2021 | index points |
Foreign Direct Investment, percent of GDP | 1.44 | 2023 | percent |
Foreign Direct Investment, billion dollars | 0.20 | 2023 | billion U.S. dollars |
Portfolio investment inflows, equities | 0.00 | 2017 | million dollars (current) |
Current account, percent of GDP | -16.50 | 2023 | percent |
Current account, in dollars | -2.28 | 2023 | billion U.S. dollars |
Trade balance, in dollars | -2.47 | 2023 | billion U.S. dollars |
Reserves | 0.59 | 2020 | billion U.S. dollars |
Remittances, percent of GDP | 1.85 | 2023 | percent |
Remittances | 260.40 | 2023 | million U.S. dollars |
Net errors and omissions | 702.08 | 2023 | million USD |
External debt | 25.83 | 2022 | percent |
Short-term external debt | 0.38 | 2023 | percent |
Short-term debt to reserves | 30.01 | 2020 | percent |
Foreign exchange reserves | 321.20 | 1/2025 | billion |