(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Guyana: Trade freedom index (0-100)
For that indicator, we provide data for Guyana from 1995 to 2020. The average value for Guyana during that period was 65 points with a minimum of 50 points in 1997 and a maximum of 73 points in 2009.
The latest value from 2020 is 67 points. For comparison, the world average in 2020 based on 180
countries is 74 points.
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).