Hungary: Trade freedom
* indicates monthly or quarterly data series
Hungary |
Trade freedom index (0-100) |
---|---|
Latest value | 79 |
Year | 2024 |
Measure | points |
Data availability | 1995 - 2024 |
Average | 79 |
Min - Max | 59 - 88 |
Source | The Heritage Foundation |
The latest value from 2024 is 79 points, unchanged from 79 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Hungary from 1995 to 2024 is 79 points. The minimum value, 59 points, was reached in 1996 while the maximum of 88 points was recorded in 2010.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
The Trade Freedom index for Hungary 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).
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Property rights | 70 | 2024 | points |
Freedom from corruption | 44 | 2024 | points |
Fiscal freedom | 12 | 2024 | points |
Business freedom | 74 | 2024 | points |
Labor freedom | 62 | 2024 | points |
Monetary freedom | 68.80 | 2024 | points |
Trade freedom | 79 | 2024 | points |
Investment freedom | 80 | 2024 | points |
Financial freedom | 70 | 2024 | points |
Economic freedom, overall index | 61 | 2024 | index points |