Austria: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 79
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 83
 Min - Max 64 - 88
 Source The Heritage Foundation
For that indicator, we provide data for Austria from 1995 to 2023. The average value for Austria during that period was 83 points with a minimum of 64 points in 1997 and a maximum of 88 points in 2010. The latest value from 2023 is 79 points. For comparison, the world average in 2023 based on 175 countries is 70 points. 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 values chart
Austria - Trade freedom - recent values

Historical chart
Austria - Trade freedom - historical chart - 1995-2023

The Trade Freedom index for Austria 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).

 Related indicators Latest value Reference Measure
 Property rights 97 2023 points
 Freedom from corruption 81 2023 points
 Fiscal freedom 55 2023 points
 Business freedom 79 2023 points
 Labor freedom 79 2023 points
 Monetary freedom 80.40 2023 points
 Trade freedom 79 2023 points
 Investment freedom 80 2023 points
 Financial freedom 70 2023 points
 Economic freedom, overall index 71 2023 index points
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