Mali: Trade freedom
* indicates monthly or quarterly data series
Mali |
Trade freedom index (0-100) |
---|---|
Latest value | 64 |
Year | 2024 |
Measure | points |
Data availability | 1995 - 2024 |
Average | 67 |
Min - Max | 61 - 73 |
Source | The Heritage Foundation |
The latest value from 2024 is 64 points, unchanged from 64 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Mali from 1995 to 2024 is 67 points. The minimum value, 61 points, was reached in 2001 while the maximum of 73 points was recorded in 2009.
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The Trade Freedom index for Mali 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 | 33 | 2024 | points |
Freedom from corruption | 22 | 2024 | points |
Fiscal freedom | 55 | 2024 | points |
Business freedom | 42 | 2024 | points |
Labor freedom | 54 | 2024 | points |
Monetary freedom | 72.70 | 2024 | points |
Trade freedom | 64 | 2024 | points |
Investment freedom | 65 | 2024 | points |
Financial freedom | 40 | 2024 | points |
Economic freedom, overall index | 53 | 2024 | index points |