Madagascar: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 68
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 62
 Min - Max 0 - 83
 Source The Heritage Foundation
For that indicator, we provide data for Madagascar from 1995 to 2024. The average value for Madagascar during that period was 62 points with a minimum of 0 points in 2001 and a maximum of 83 points in 2007. The latest value from 2024 is 68 points. For comparison, the world average in 2024 based on 176 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
Madagascar - Trade freedom - Recent values chart

Historical chart
Madagascar - Trade freedom - historical chart - 1995-2024

The Trade Freedom index for Madagascar 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 41 2024 points
 Freedom from corruption 25 2024 points
 Fiscal freedom 64 2024 points
 Business freedom 38 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 73.00 2024 points
 Trade freedom 68 2024 points
 Investment freedom 55 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 57 2024 index points
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