Botswana: Trade freedom

* indicates monthly or quarterly data series
 Botswana

Trade freedom index (0-100)

 Latest value 79
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 70
 Min - Max 25 - 84
 Source The Heritage Foundation
The latest value from 2024 is 79 points, unchanged from 79 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Botswana from 1995 to 2024 is 70 points. The minimum value, 25 points, was reached in 1997 while the maximum of 84 points was recorded in 2016. 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
Botswana - Trade freedom - Recent values chart

Historical series
Botswana - Trade freedom - historical chart - 1995-2024




The Trade Freedom index for Botswana 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 74 2024 points
 Freedom from corruption 59 2024 points
 Fiscal freedom 68 2024 points
 Business freedom 66 2024 points
 Labor freedom 61 2024 points
 Monetary freedom 65.10 2024 points
 Trade freedom 79 2024 points
 Investment freedom 60 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 68 2024 index points
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