Belgium: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 79
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 83
 Min - Max 78 - 88
 Source The Heritage Foundation
For that indicator, we provide data for Belgium from 1996 to 2023. The average value for Belgium during that period was 83 points with a minimum of 78 points in 1996 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
Belgium - Trade freedom - recent values

Historical chart
Belgium - Trade freedom - historical chart - 1996-2023

The Trade Freedom index for Belgium 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 92 2023 points
 Freedom from corruption 81 2023 points
 Fiscal freedom 32 2023 points
 Business freedom 79 2023 points
 Labor freedom 58 2023 points
 Monetary freedom 80.30 2023 points
 Trade freedom 79 2023 points
 Investment freedom 85 2023 points
 Financial freedom 70 2023 points
 Economic freedom, overall index 67 2023 index points
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