Brunei: Trade freedom

* indicates monthly or quarterly data series
 Brunei

Trade freedom index (0-100)

 Latest value 84
 Year 2023
 Measure points
 Data availability 2014 - 2023
 Average 85
 Min - Max 82 - 89
 Source The Heritage Foundation
For that indicator, we provide data for Brunei from 2014 to 2023. The average value for Brunei during that period was 85 points with a minimum of 82 points in 2014 and a maximum of 89 points in 2017. The latest value from 2023 is 84 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
Brunei - Trade freedom - recent values

Historical chart
Brunei - Trade freedom - historical chart - 2014-2023




The Trade Freedom index for Brunei 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 69 2023 points
 Freedom from corruption 62 2023 points
 Fiscal freedom 20 2023 points
 Business freedom 72 2023 points
 Labor freedom 75 2023 points
 Monetary freedom 71.80 2023 points
 Trade freedom 84 2023 points
 Investment freedom 65 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 66 2023 index points
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