Guinea: Trade freedom

* indicates monthly or quarterly data series
 Guinea

Trade freedom index (0-100)

 Latest value 59
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 57
 Min - Max 19 - 71
 Source The Heritage Foundation
For that indicator, we provide data for Guinea from 1995 to 2023. The average value for Guinea during that period was 57 points with a minimum of 19 points in 1997 and a maximum of 71 points in 1999. The latest value from 2023 is 59 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
Guinea - Trade freedom - recent values

Historical chart
Guinea - Trade freedom - historical chart - 1995-2023




The Trade Freedom index for Guinea 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 20 2023 points
 Freedom from corruption 24 2023 points
 Fiscal freedom 92 2023 points
 Business freedom 45 2023 points
 Labor freedom 50 2023 points
 Monetary freedom 68.20 2023 points
 Trade freedom 59 2023 points
 Investment freedom 50 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 53 2023 index points
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