* indicates monthly or quarterly data series

Financial openness index, 2022:

The average for 2022 based on 25 countries was 1.982 index points. The highest value was in Austria: 2.29 index points and the lowest value was in Bulgaria: 0.202 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
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* indicates monthly or quarterly data series


Countries Financial openness , 2022 Global rank Available data
Austria 2.29 1 1970 - 2022
Belgium 2.29 2 1970 - 2022
Cyprus 2.29 3 1970 - 2022
Czechia 2.29 4 1996 - 2022
Denmark 2.29 5 1970 - 2022
Estonia 2.29 6 1996 - 2022
Finland 2.29 7 1970 - 2022
France 2.29 8 1970 - 2022
Germany 2.29 9 1970 - 2022
Greece 2.29 10 1970 - 2022
Hungary 2.29 11 1986 - 2022
Ireland 2.29 12 1970 - 2022
Italy 2.29 13 1970 - 2022
Latvia 2.29 14 1996 - 2022
Lithuania 2.29 15 1996 - 2022
Malta 2.29 16 1972 - 2022
Netherlands 2.29 17 1970 - 2022
Portugal 2.29 18 1970 - 2022
Spain 2.29 19 1970 - 2022
Sweden 2.29 20 1970 - 2022
Croatia 1.028 21 1996 - 2022
Poland 1.028 22 1986 - 2022
Slovenia 1.028 23 1996 - 2022
Slovakia 0.455 24 1996 - 2022
Bulgaria 0.202 25 1994 - 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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