Burkina Faso: Trade freedom

* indicates monthly or quarterly data series
 Burkina Faso

Trade freedom index (0-100)

 Latest value 61
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 64
 Min - Max 55 - 76
 Source The Heritage Foundation
For that indicator, we provide data for Burkina Faso from 1996 to 2024. The average value for Burkina Faso during that period was 64 points with a minimum of 55 points in 1996 and a maximum of 76 points in 2011. The latest value from 2024 is 61 points. For comparison, the world average in 2024 based on 176 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
Burkina Faso - Trade freedom - Recent values chart

Historical chart
Burkina Faso - Trade freedom - historical chart - 1996-2024

The Trade Freedom index for Burkina Faso 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 38 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 13 2024 points
 Business freedom 42 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 64.50 2024 points
 Trade freedom 61 2024 points
 Investment freedom 65 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 52 2024 index points
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