Kuwait: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 76
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 78
 Min - Max 76 - 83
 Source The Heritage Foundation
For that indicator, we provide data for Kuwait from 1996 to 2023. The average value for Kuwait during that period was 78 points with a minimum of 76 points in 2015 and a maximum of 83 points in 2010. The latest value from 2023 is 76 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
Kuwait - Trade freedom - recent values

Historical chart
Kuwait - Trade freedom - historical chart - 1996-2023

The Trade Freedom index for Kuwait 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 43 2023 points
 Freedom from corruption 44 2023 points
 Fiscal freedom 81 2023 points
 Business freedom 59 2023 points
 Labor freedom 52 2023 points
 Monetary freedom 69.30 2023 points
 Trade freedom 76 2023 points
 Investment freedom 55 2023 points
 Financial freedom 60 2023 points
 Economic freedom, overall index 57 2023 index points
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