International Monetary Fund · Trade

Madagascar: Guarantee openness index (1=fully liberalized) (IMF)

0index (0-1) · 2013

Guarantee openness index captures the ability to conduct operations through guarantees, sureties, and financial backup facilities provided by residents to nonresidents and vice versa. It also includes securities pledged for payment or performance of a contract—such as warrants, performance bonds, and standby letters of credit—and financial backup facilities that are credit facilities used as a guarantee for independent financial operations. It has two sub-components: Guarantee inflow liberalization | Guarantee outflow liberalization. (1=fully liberalized) Annual figures for Madagascar from 2008 to 2013.