Explore Namibia:Overview of the economy
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Namibia: Trade freedom index (0-100): For that indicator, The Heritage Foundation provides data for Namibia from 1997 to 2016. The average value for Namibia during that period was 73.58 points with a minumum of 36.2 points in 1997 and a maximum of 89 points in 2007.
The Trade Freedom index for Namibia measures the absence of tariffs and other barriers that affect the international trade of goods and services. Trade freedom rankings around the world. Create and download charts for Namibia Trade freedom and other indicators with the country comparator.
Definition: The Trade freedom index is based on two indicators: the trade-weighted average tariff rate and non-tariff barriers (including quantity, price, regulatory, customs and investment restrictions, and direct government intervention).