Guyana: Trade freedom
(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Guyana: Trade freedom index (0-100): For that indicator, The Heritage Foundation provides data for Guyana from 1995 to 2019. The average value for Guyana during that period was 65 points with a minumum of 50 points in 1997 and a maximum of 73 points in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Trade Freedom index for Guyana 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).