Guatemala: Trade freedom

* indicates monthly or quarterly data series
 Guatemala

Trade freedom index (0-100)

 Latest value 75
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 77
 Min - Max 52 - 87
 Source The Heritage Foundation
The latest value from 2024 is 75 points, unchanged from 75 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Guatemala from 1995 to 2024 is 77 points. The minimum value, 52 points, was reached in 1995 while the maximum of 87 points was recorded in 2017. 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
Guatemala - Trade freedom - Recent values chart

Historical series
Guatemala - Trade freedom - historical chart - 1995-2024




The Trade Freedom index for Guatemala 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 39 2024 points
 Freedom from corruption 23 2024 points
 Fiscal freedom 88 2024 points
 Business freedom 66 2024 points
 Labor freedom 50 2024 points
 Monetary freedom 74.60 2024 points
 Trade freedom 75 2024 points
 Investment freedom 70 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 62 2024 index points
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