Ghana: Trade freedom

* indicates monthly or quarterly data series
 Ghana

Trade freedom index (0-100)

 Latest value 63
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 61
 Min - Max 31 - 68
 Source The Heritage Foundation
For that indicator, we provide data for Ghana from 1995 to 2024. The average value for Ghana during that period was 61 points with a minimum of 31 points in 1995 and a maximum of 68 points in 2011. The latest value from 2024 is 63 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
Ghana - Trade freedom - Recent values chart

Historical chart
Ghana - Trade freedom - historical chart - 1995-2024




The Trade Freedom index for Ghana 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 50 2024 points
 Freedom from corruption 44 2024 points
 Fiscal freedom 3 2024 points
 Business freedom 53 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 58.60 2024 points
 Trade freedom 63 2024 points
 Investment freedom 70 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 56 2024 index points
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