Eritrea: Trade freedom

* indicates monthly or quarterly data series
 Eritrea

Trade freedom index (0-100)

 Latest value 68
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 69
 Min - Max 68 - 69
 Source The Heritage Foundation
For that indicator, we provide data for Eritrea from 2009 to 2023. The average value for Eritrea during that period was 69 points with a minimum of 68 points in 2023 and a maximum of 69 points in 2009. The latest value from 2023 is 68 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
Eritrea - Trade freedom - recent values

Historical chart
Eritrea - Trade freedom - historical chart - 2009-2023




The Trade Freedom index for Eritrea 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 10 2023 points
 Freedom from corruption 12 2023 points
 Fiscal freedom 69 2023 points
 Business freedom 31 2023 points
 Labor freedom 51 2023 points
 Monetary freedom 64.60 2023 points
 Trade freedom 68 2023 points
 Investment freedom 0 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 40 2023 index points
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