Switzerland: Financial openness

* indicates monthly or quarterly data series
 Switzerland

Financial openness index

 Latest value 2.299
 Year 2021
 Measure index points
 Data availability 1996 - 2021
 Average 2.299
 Min - Max 2.299 - 2.299
 Source Chinn-Ito Index
For that indicator, we provide data for Switzerland from 1996 to 2021. The average value for Switzerland during that period was 2.299 index points with a minimum of 2.299 index points in 1996 and a maximum of 2.299 index points in 1996. The latest value from 2021 is 2.299 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
Switzerland - Financial openness  - Recent values chart

Historical chart
Switzerland - Financial openness  - historical chart - 1996-2021




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
 Trade openness 140.17 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 76.94 2022 percent
 Exports, billion dollars 629.66 2022 billion U.S. dollars
 Growth of exports 5.93 2022 percent
 Imports, percent of GDP 63.23 2022 percent
 Imports, billion dollars 517.52 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.34 2022 percent
 Foreign Direct Investment, billion dollars 27.71 2022 billion U.S. dollars
 Portfolio investment inflows, equities -21,629.17 2022 million dollars (current)
 Current account, percent of GDP 6.70 2019 percent
 Current account, in dollars 81.23 2022 billion U.S. dollars
 Trade balance, percent of GDP 13.70 2022 percent
 Trade balance, in dollars 109.09 2022 billion U.S. dollars
 Reserves 923.63 2022 billion U.S. dollars
 Remittances, percent of GDP 0.32 2022 percent
 Remittances 2,620.02 2022 million U.S. dollars
 Net errors and omissions -31,873.76 2022 million USD
 Foreign exchange reserves 747.86 9/2023 billion
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