Saint Lucia: Financial openness

* indicates monthly or quarterly data series
 Saint Lucia

Financial openness index

 Latest value -0.042
 Year 2021
 Measure index points
 Data availability 1983 - 2021
 Average -0.381
 Min - Max -1.242 - -0.042
 Source Chinn-Ito Index
For that indicator, we provide data for Saint Lucia from 1983 to 2021. The average value for Saint Lucia during that period was -0.381 index points with a minimum of -1.242 index points in 1983 and a maximum of -0.042 index points in 1999. The latest value from 2021 is -0.042 index points. For comparison, the world average in 2021 based on 176 countries is 0.322 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Saint Lucia - Financial openness  - Recent values chart

Historical chart
Saint Lucia - Financial openness  - historical chart - 1983-2021

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.

 Related indicators Latest value Reference Measure
 Terms of trade 99.27 2021 percent
 Financial openness -0.042 2021 index points
 Foreign Direct Investment, percent of GDP 1.41 2022 percent
 Foreign Direct Investment, billion dollars 0.07 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.68 2021 million dollars (current)
 Current account, percent of GDP -2.28 2022 percent
 Current account, in dollars -0.05 2022 billion U.S. dollars
 Trade balance, in dollars 0.03 2022 billion U.S. dollars
 Reserves 0.39 2022 billion U.S. dollars
 Remittances, percent of GDP 2.36 2022 percent
 Remittances 55.20 2022 million U.S. dollars
 Net errors and omissions -53.04 2022 million USD
 External debt 40.59 2022 percent
 Short-term external debt 10.72 2022 percent
 Short-term debt to reserves 25.06 2022 percent
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