Armenia: Trade freedom

* indicates monthly or quarterly data series
 Armenia

Trade freedom index (0-100)

 Latest value 74
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 80
 Min - Max 69 - 86
 Source The Heritage Foundation
The latest value from 2024 is 74 points, unchanged from 74 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Armenia from 1996 to 2024 is 80 points. The minimum value, 69 points, was reached in 1996 while the maximum of 86 points was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Armenia - Trade freedom - Recent values chart

Historical series
Armenia - Trade freedom - historical chart - 1996-2024




The Trade Freedom index for Armenia measures the absence of tariffs and other barriers that affect the international trade of goods and services.
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).

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 Related indicators Latest Reference Measure
 Property rights 50 2024 points
 Freedom from corruption 50 2024 points
 Fiscal freedom 69 2024 points
 Business freedom 69 2024 points
 Labor freedom 59 2024 points
 Monetary freedom 67.50 2024 points
 Trade freedom 74 2024 points
 Investment freedom 75 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 65 2024 index points
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