* indicates monthly or quarterly data series

Financial openness index, 2022:

The average for 2022 based on 17 countries was 0.426 index points. The highest value was in Bahrain: 2.29 index points and the lowest value was in Iran: -1.935 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
Bahrain 2.29 1 1976 - 2022
Jordan 2.29 2 1970 - 2022
Qatar 2.29 3 1976 - 2022
UA Emirates 2.29 4 1976 - 2022
Yemen 2.29 5 1995 - 2022
Oman 1.785 6 1977 - 2022
Djibouti 1.028 7 1982 - 2022
Kuwait 1.028 8 1970 - 2022
Saudi Arabia 1.028 9 1970 - 2022
Lebanon -0.05 10 1970 - 2022
Egypt -0.171 11 1970 - 2022
Algeria -1.248 12 1970 - 2022
Libya -1.248 13 1970 - 2022
Morocco -1.248 14 1970 - 2022
Tunisia -1.248 15 1970 - 2022
Iran -1.935 16 1970 - 2022
Syria -1.935 17 1970 - 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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