* indicates monthly or quarterly data series

Financial openness index, 2021:

The average for 2021 based on 176 countries was 0.322 index points. The highest value was in Australia: 2.299 index points and the lowest value was in Angola: -1.931 index points. The indicator is available from 1970 to 2021. Below is a chart for all countries where data are available.

Measure: index points; Source: Chinn-Ito Index
Select indicator
* indicates monthly or quarterly data series


Countries Financial openness , 2021 Global rank Available data
Australia 2.299 1 1970 - 2021
Austria 2.299 2 1970 - 2021
Bahrain 2.299 3 1976 - 2021
Belgium 2.299 4 1970 - 2021
Botswana 2.299 5 1972 - 2021
Cambodia 2.299 6 1973 - 2021
Canada 2.299 7 1970 - 2021
Cape Verde 2.299 8 1982 - 2021
Costa Rica 2.299 9 1970 - 2021
Cyprus 2.299 10 1970 - 2021
Czechia 2.299 11 1996 - 2021
Denmark 2.299 12 1970 - 2021
Estonia 2.299 13 1996 - 2021
Finland 2.299 14 1970 - 2021
France 2.299 15 1970 - 2021
Gambia 2.299 16 1971 - 2021
Georgia 2.299 17 1996 - 2021
Germany 2.299 18 1970 - 2021
Greece 2.299 19 1970 - 2021
Guatemala 2.299 20 1970 - 2021
Hong Kong 2.299 21 1970 - 2021
Hungary 2.299 22 1986 - 2021
Ireland 2.299 23 1970 - 2021
Israel 2.299 24 1970 - 2021
Italy 2.299 25 1970 - 2021
Japan 2.299 26 1970 - 2021
Jordan 2.299 27 1970 - 2021
Latvia 2.299 28 1996 - 2021
Lithuania 2.299 29 1996 - 2021
Malta 2.299 30 1972 - 2021
Micronesia 2.299 31 1996 - 2021
Netherlands 2.299 32 1970 - 2021
New Zealand 2.299 33 1970 - 2021
Nicaragua 2.299 34 1970 - 2021
Norway 2.299 35 1970 - 2021
Panama 2.299 36 1970 - 2021
Peru 2.299 37 1970 - 2021
Portugal 2.299 38 1970 - 2021
Qatar 2.299 39 1976 - 2021
Seychelles 2.299 40 1981 - 2021
Singapore 2.299 41 1970 - 2021
South Korea 2.299 42 1970 - 2021
Spain 2.299 43 1970 - 2021
Sweden 2.299 44 1970 - 2021
Switzerland 2.299 45 1996 - 2021
UA Emirates 2.299 46 1976 - 2021
UK 2.299 47 1970 - 2021
Uruguay 2.299 48 1970 - 2021
USA 2.299 49 1970 - 2021
Yemen 2.299 50 1995 - 2021
Zambia 2.299 51 1970 - 2021
Oman 2.046 52 1977 - 2021
Iceland 1.793 53 1970 - 2021
Romania 1.793 54 1976 - 2021
Vanuatu 1.793 55 1985 - 2021
Armenia 1.61 56 1996 - 2021
Maldives 1.61 57 1982 - 2021
Mongolia 1.61 58 1995 - 2021
Domin. Rep. 1.54 59 1970 - 2021
Tr.&Tobago 1.357 60 1970 - 2021
Ant.& Barb. 1.224 61 1985 - 2021
Rwanda 1.224 62 1970 - 2021
Uganda 1.224 63 1970 - 2021
Guyana 1.1 64 1970 - 2021
Haiti 1.1 65 1970 - 2021
Liberia 1.1 66 1970 - 2021
Chile 1.034 67 1970 - 2021
Croatia 1.034 68 1996 - 2021
Djibouti 1.034 69 1982 - 2021
Ecuador 1.034 70 1970 - 2021
El Salvador 1.034 71 1970 - 2021
Kenya 1.034 72 1970 - 2021
Kuwait 1.034 73 1970 - 2021
Mauritius 1.034 74 1972 - 2021
Mexico 1.034 75 1970 - 2021
Poland 1.034 76 1986 - 2021
San Marino 1.034 77 1996 - 2021
Saudi Arabia 1.034 78 1970 - 2021
Slovenia 1.034 79 1996 - 2021
Slovakia 0.717 80 1996 - 2021
S.T.&Principe 0.534 81 1981 - 2021
Bulgaria 0.464 82 1994 - 2021
Sudan 0.41 83 1970 - 2021
Kyrgyzstan 0.344 84 1997 - 2021
Azerbaijan 0.024 85 1996 - 2021
Bolivia -0.042 86 1970 - 2021
Lebanon -0.042 87 1970 - 2021
North Macedonia -0.042 88 1997 - 2021
Paraguay -0.042 89 1970 - 2021
Philippines -0.042 90 1970 - 2021
Saint Lucia -0.042 91 1983 - 2021
Albania -0.166 92 1995 - 2021
Belarus -0.166 93 1996 - 2021
Colombia -0.166 94 1970 - 2021
Dominica -0.166 95 1982 - 2021
Egypt -0.166 96 1970 - 2021
Indonesia -0.166 97 1970 - 2021
Kiribati -0.166 98 1990 - 2021
Malaysia -0.166 99 1970 - 2021
Thailand -0.166 100 1970 - 2021
Vietnam -0.166 101 1970 - 2021
Zimbabwe -0.166 102 1984 - 2021
Nigeria -0.666 103 1970 - 2021
Papua N.G. -0.666 104 1979 - 2021
Argentina -0.736 105 1970 - 2021
Tajikistan -0.919 106 1997 - 2021
Kazakhstan -0.989 107 1996 - 2021
Algeria -1.242 108 1970 - 2021
Aruba -1.242 109 1992 - 2021
Bangladesh -1.242 110 1976 - 2021
Barbados -1.242 111 1974 - 2021
Belize -1.242 112 1985 - 2021
Benin -1.242 113 1979 - 2021
Bhutan -1.242 114 1985 - 2021
Bosnia & Herz. -1.242 115 1999 - 2021
Brazil -1.242 116 1970 - 2021
Burkina Faso -1.242 117 1988 - 2021
Burma -1.242 118 1970 - 2021
Cameroon -1.242 119 1970 - 2021
C.A. Republic -1.242 120 1970 - 2021
Chad -1.242 121 1970 - 2021
China -1.242 122 1984 - 2021
Comoros -1.242 123 1981 - 2021
DR Congo -1.242 124 1970 - 2021
Eq. Guinea -1.242 125 1973 - 2021
Ethiopia -1.242 126 1970 - 2021
Fiji -1.242 127 1975 - 2021
Gabon -1.242 128 1970 - 2021
Grenada -1.242 129 1979 - 2021
G.-Bissau -1.242 130 1981 - 2021
Honduras -1.242 131 1970 - 2021
India -1.242 132 1970 - 2021
Ivory Coast -1.242 133 1970 - 2021
Jamaica -1.242 134 1970 - 2021
Laos -1.242 135 1970 - 2021
Lesotho -1.242 136 1972 - 2021
Libya -1.242 137 1970 - 2021
Madagascar -1.242 138 1970 - 2021
Malawi -1.242 139 1970 - 2021
Mali -1.242 140 1970 - 2021
Mauritania -1.242 141 1970 - 2021
Moldova -1.242 142 1996 - 2021
Morocco -1.242 143 1970 - 2021
Mozambique -1.242 144 1988 - 2021
Namibia -1.242 145 1994 - 2021
Nepal -1.242 146 1970 - 2021
Niger -1.242 147 1970 - 2021
Pakistan -1.242 148 1970 - 2021
R. of Congo -1.242 149 1970 - 2021
Russia -1.242 150 1996 - 2021
St. Vincent & ... -1.242 151 1983 - 2021
Samoa -1.242 152 1975 - 2021
Senegal -1.242 153 1970 - 2021
Sierra Leone -1.242 154 1970 - 2021
Solomon Isl. -1.242 155 1982 - 2021
South Africa -1.242 156 1970 - 2021
Sri Lanka -1.242 157 1970 - 2021
Suriname -1.242 158 1970 - 2021
Swaziland -1.242 159 1973 - 2021
Tanzania -1.242 160 1970 - 2021
Togo -1.242 161 1970 - 2021
Tonga -1.242 162 1989 - 2021
Tunisia -1.242 163 1970 - 2021
Turkey -1.242 164 1970 - 2021
Turkmenistan -1.242 165 1996 - 2021
Uzbekistan -1.242 166 1996 - 2021
Angola -1.931 167 1993 - 2021
Bahamas -1.931 168 1977 - 2021
Burundi -1.931 169 1970 - 2021
Eritrea -1.931 170 1998 - 2021
Ghana -1.931 171 1970 - 2021
Guinea -1.931 172 1970 - 2021
Iran -1.931 173 1970 - 2021
Syria -1.931 174 1970 - 2021
Ukraine -1.931 175 1996 - 2021
Venezuela -1.931 176 1970 - 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.

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