Financial openness - Country rankings

* indicates monthly or quarterly data series

Financial openness index, 2022:

The average for 2022 based on 9 countries was 0.22 index points. The highest value was in Australia: 2.29 index points and the lowest value was in Fiji: -1.248 index points. The indicator is available from 1970 to 2022. 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 , 2022 Global rank Available data
Australia 2.29 1 1970 - 2022
New Zealand 2.29 2 1970 - 2022
Vanuatu 2.037 3 1985 - 2022
Kiribati 1.028 4 1990 - 2022
Papua N.G. -0.673 5 1979 - 2022
Fiji -1.248 6 1975 - 2022
Samoa -1.248 7 1975 - 2022
Solomon Isl. -1.248 8 1982 - 2022
Tonga -1.248 9 1989 - 2022


New - World map: Financial openness




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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All articles

1. Australia
2. New Zealand
3. Vanuatu
4. Kiribati
5. Papua N.G.
6. Fiji
7. Samoa
8. Solomon Isl.
9. Tonga
2.290
2.290
2.037
1.028
-0.673
-1.248
-1.248
-1.248
-1.248
-1.25
-0.4
0.5
1.4
2.29


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