Bolivia: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 60
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 72
 Min - Max 60 - 82
 Source The Heritage Foundation
For that indicator, we provide data for Bolivia from 1995 to 2023. The average value for Bolivia during that period was 72 points with a minimum of 60 points in 2023 and a maximum of 82 points in 2009. The latest value from 2023 is 60 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
Bolivia - Trade freedom - recent values

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

The Trade Freedom index for Bolivia 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 21 2023 points
 Freedom from corruption 28 2023 points
 Fiscal freedom 7 2023 points
 Business freedom 55 2023 points
 Labor freedom 45 2023 points
 Monetary freedom 74.00 2023 points
 Trade freedom 60 2023 points
 Investment freedom 15 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 43 2023 index points
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