Burma (Myanmar): Trade freedom

* indicates monthly or quarterly data series
 Burma (Myanmar)

Trade freedom index (0-100)

 Latest value 70
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 68
 Min - Max 50 - 74
 Source The Heritage Foundation
The latest value from 2024 is 70 points, an increase from 69 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Burma (Myanmar) from 1996 to 2024 is 68 points. The minimum value, 50 points, was reached in 1996 while the maximum of 74 points was recorded in 2012. 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
Burma (Myanmar) - Trade freedom - Recent values chart

Historical series
Burma (Myanmar) - Trade freedom - historical chart - 1996-2024




The Trade Freedom index for Burma (Myanmar) 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 18 2024 points
 Freedom from corruption 21 2024 points
 Fiscal freedom 13 2024 points
 Business freedom 40 2024 points
 Labor freedom 46 2024 points
 Monetary freedom 67.90 2024 points
 Trade freedom 70 2024 points
 Investment freedom 30 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 42 2024 index points
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