Cape Verde: Trade freedom

* indicates monthly or quarterly data series
 Cape Verde

Trade freedom index (0-100)

 Latest value 66
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 56
 Min - Max 23 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Cape Verde from 1996 to 2024. The average value for Cape Verde during that period was 56 points with a minimum of 23 points in 2005 and a maximum of 70 points in 2014. The latest value from 2024 is 66 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
Cape Verde - Trade freedom - Recent values chart

Historical chart
Cape Verde - Trade freedom - historical chart - 1996-2024

The Trade Freedom index for Cape Verde 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 64 2024 points
 Freedom from corruption 49 2024 points
 Fiscal freedom 4 2024 points
 Business freedom 72 2024 points
 Labor freedom 52 2024 points
 Monetary freedom 74.80 2024 points
 Trade freedom 66 2024 points
 Investment freedom 80 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 63 2024 index points
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