Macedonia: Trade freedom
(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Macedonia: Trade freedom index (0-100): For that indicator, The Heritage Foundation provides data for Macedonia from 2002 to 2019. The average value for Macedonia during that period was 78 points with a minumum of 56 points in 2003 and a maximum of 88 points in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Trade Freedom index for Macedonia 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).