Austria: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 79
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 82
 Min - Max 64 - 88
 Source The Heritage Foundation
For that indicator, we provide data for Austria from 1995 to 2024. The average value for Austria during that period was 82 points with a minimum of 64 points in 1997 and a maximum of 88 points in 2010. The latest value from 2024 is 79 points. For comparison, the world average in 2024 based on 176 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 chart

Historical chart
Austria - Trade freedom - historical chart - 1995-2024

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).

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 Related indicators Latest value Reference Measure
 Property rights 97 2024 points
 Freedom from corruption 75 2024 points
 Fiscal freedom 37 2024 points
 Business freedom 82 2024 points
 Labor freedom 79 2024 points
 Monetary freedom 73.80 2024 points
 Trade freedom 79 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 68 2024 index points
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