Senegal: Financial openness
* indicates monthly or quarterly data series
| Senegal |
Financial openness index |
|---|---|
| Latest value | -1.248 |
| Year | 2022 |
| Measure | index points |
| Data availability | 1970 - 2022 |
| Average | -0.769 |
| Min - Max | -1.248 - -0.171 |
| Source | Chinn-Ito Index |
| Available for | Data download |
The latest value from 2022 is -1.248 index points, unchanged from -1.248 index points in 2021. In comparison, the world average is 0.307 index points, based on data from 174 countries. Historically, the average for Senegal from 1970 to 2022 is -0.769 index points. The minimum value, -1.248 index points, was reached in 1996 while the maximum of -0.171 index points was recorded in 1974.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Senegal: Financial openness |
|---|---|
| 2022 | -1.248 |
| 2021 | -1.248 |
| 2020 | -1.248 |
| 2019 | -1.248 |
| 2018 | -1.248 |
| 2017 | -1.248 |
| 2016 | -1.248 |
| 2015 | -1.248 |
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.
Other resources:
Download data from our database
All indicators for Senegal
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 112.40 | 2024 | percent |
| Trade openness | 71.07 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 32.49 | 2025 | percent |
| Exports, billion dollars | 12.02 | 2025 | billion U.S. dollars |
| Growth of exports | 28.94 | 2025 | percent |
| Imports, percent of GDP | 38.58 | 2025 | percent |
| Imports, billion dollars | 14.28 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 6.27 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.04 | 2025 | billion U.S. dollars |
| Portfolio investment inflows, equities | 8.65 | 2023 | million dollars (current) |
| Current account, percent of GDP | -19.78 | 2023 | percent |
| Current account, in dollars | -6.07 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -6.09 | 2025 | percent |
| Trade balance, in dollars | -7.92 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 10.64 | 2023 | percent |
| Remittances | 3,267.14 | 2023 | million U.S. dollars |
| Net errors and omissions | 11.13 | 2023 | million USD |
| External debt | 130.13 | 2023 | percent |
| Short-term external debt | 12.16 | 2023 | percent |