Libya: Trade freedom

* indicates monthly or quarterly data series
 Libya

Trade freedom index (0-100)

 Latest value 80
 Year 2018
 Measure points
 Data availability 1996 - 2018
 Average 59
 Min - Max 24 - 90
 Source The Heritage Foundation
For that indicator, we provide data for Libya from 1996 to 2018. The average value for Libya during that period was 59 points with a minimum of 24 points in 1997 and a maximum of 90 points in 2009. The latest value from 2018 is 80 points. For comparison, the world average in 2018 based on 181 countries is 76 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
Libya - Trade freedom - recent values

Historical chart
Libya - Trade freedom - historical chart - 1996-2018




The Trade Freedom index for Libya 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 6 2024 points
 Freedom from corruption 10 2024 points
 Fiscal freedom 91 2018 points
 Business freedom 31 2023 points
 Labor freedom 49 2023 points
 Monetary freedom 75.10 2023 points
 Trade freedom 80 2018 points
 Investment freedom 5 2021 points
 Financial freedom 20 2014 points
 Economic freedom, overall index 36 2012 index points
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