Belize: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 52
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 59
 Min - Max 27 - 78
 Source The Heritage Foundation
For that indicator, we provide data for Belize from 1995 to 2023. The average value for Belize during that period was 59 points with a minimum of 27 points in 1996 and a maximum of 78 points in 2012. The latest value from 2023 is 52 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
Belize - Trade freedom - recent values

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

The Trade Freedom index for Belize 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 34 2023 points
 Freedom from corruption 42 2023 points
 Fiscal freedom 60 2023 points
 Business freedom 59 2023 points
 Labor freedom 61 2023 points
 Monetary freedom 75.60 2023 points
 Trade freedom 52 2023 points
 Investment freedom 55 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 60 2023 index points
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