International Monetary Fund · Trade

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

1index (0-1) · 20130.0% since 2003

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 Norway from 2000 to 2013.