Iraq: Trade freedom

The latest value from 2002 is 40 points, unchanged from 40 points in 2001. In comparison, the world average is 65 points, based on data from 157 countries. Historically, the average for Iraq from 1996 to 2002 is 40 points. The minimum value, 40 points, was reached in 1996 while the maximum of 40 points was recorded in 1996. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

The Trade Freedom index for Iraq 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).