Malaysia: Trade freedom

* indicates monthly or quarterly data series
 Malaysia

Trade freedom index (0-100)

 Latest value 83
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 76
 Min - Max 55 - 87
 Source The Heritage Foundation
The latest value from 2024 is 83 points, unchanged from 83 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Malaysia from 1995 to 2024 is 76 points. The minimum value, 55 points, was reached in 1997 while the maximum of 87 points was recorded in 2018. 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 data
Malaysia - Trade freedom - Recent values chart

Historical series
Malaysia - Trade freedom - historical chart - 1995-2024




The Trade Freedom index for Malaysia 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).

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 Related indicators Latest Reference Measure
 Property rights 66 2024 points
 Freedom from corruption 48 2024 points
 Fiscal freedom 43 2024 points
 Business freedom 71 2024 points
 Labor freedom 58 2024 points
 Monetary freedom 79.10 2024 points
 Trade freedom 83 2024 points
 Investment freedom 60 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 66 2024 index points
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