Azerbaijan: Trade freedom

* indicates monthly or quarterly data series
 Azerbaijan

Trade freedom index (0-100)

 Latest value 69
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 70
 Min - Max 55 - 78
 Source The Heritage Foundation
The latest value from 2024 is 69 points, unchanged from 69 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Azerbaijan from 1996 to 2024 is 70 points. The minimum value, 55 points, was reached in 1996 while the maximum of 78 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
Azerbaijan - Trade freedom - Recent values chart

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




The Trade Freedom index for Azerbaijan 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 53 2024 points
 Freedom from corruption 24 2024 points
 Fiscal freedom 99 2024 points
 Business freedom 70 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 63.90 2024 points
 Trade freedom 69 2024 points
 Investment freedom 70 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 62 2024 index points
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