Argentina: Financial openness
* indicates monthly or quarterly data series
| Argentina |
Financial openness index |
|---|---|
| Latest value | -0.996 |
| Year | 2022 |
| Measure | index points |
| Data availability | 1970 - 2022 |
| Average | -0.556 |
| Min - Max | -1.935 - 2.037 |
| Source | Chinn-Ito Index |
| Available for | Data download |
The latest value from 2022 is -0.996 index points, a decline from -0.743 index points in 2021. In comparison, the world average is 0.307 index points, based on data from 174 countries. Historically, the average for Argentina from 1970 to 2022 is -0.556 index points. The minimum value, -1.935 index points, was reached in 1974 while the maximum of 2.037 index points was recorded in 1997.
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* indicates monthly or quarterly data series
| Recent values | Argentina: Financial openness |
|---|---|
| 2022 | -0.996 |
| 2021 | -0.743 |
| 2020 | -0.743 |
| 2019 | -0.743 |
| 2018 | 1.533 |
| 2017 | 1.280 |
| 2016 | -1.248 |
| 2015 | -1.935 |
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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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 107.00 | 2024 | percent |
| Trade openness | 30.36 | 2025 | percent |
| Financial openness | -0.996 | 2022 | index points |
| Exports, percent of GDP | 15.56 | 2025 | percent |
| Exports, billion dollars | 106.26 | 2025 | billion U.S. dollars |
| Growth of exports | 7.56 | 2025 | percent |
| Imports, percent of GDP | 14.81 | 2025 | percent |
| Imports, billion dollars | 101.16 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.46 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 4.36 | 2025 | billion U.S. dollars |
| Current account, percent of GDP | -1.11 | 2025 | percent |
| Current account, in dollars | -7.79 | 2025 | billion U.S. dollars |
| Current Account, quarterly | 0.47 | 6/2026 | percent |
| Trade balance, percent of GDP | 0.75 | 2025 | percent |
| Trade balance, in dollars | 4.13 | 2025 | billion U.S. dollars |
| Reserves | 41.00 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.13 | 2025 | percent |
| Remittances | 922.83 | 2025 | million U.S. dollars |
| Net errors and omissions | -4,177.23 | 2025 | million USD |
| External debt | 40.78 | 2024 | percent |
| Short-term external debt | 11.88 | 2024 | percent |
| Short-term debt to reserves | 104.41 | 2024 | percent |
| External debt in foreign currencies | 98.80 | 2024 | percent |