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
The latest value from 2024 is 61 points, unchanged from 61 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Burkina Faso from 1996 to 2024 is 64 points. The minimum value, 55 points, was reached in 1996 while the maximum of 76 points was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Burkina Faso - Trade freedom - Recent values chart

Historical series
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).

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest 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
This site uses cookies.
Learn more here


OK