Namibia: Trade freedom

* indicates monthly or quarterly data series
 Namibia

Trade freedom index (0-100)

 Latest value 72
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 75
 Min - Max 36 - 89
 Source The Heritage Foundation
For that indicator, we provide data for Namibia from 1997 to 2023. The average value for Namibia during that period was 75 points with a minimum of 36 points in 1997 and a maximum of 89 points in 2007. The latest value from 2023 is 72 points. For comparison, the world average in 2023 based on 175 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
Namibia - Trade freedom - recent values

Historical chart
Namibia - Trade freedom - historical chart - 1997-2023




The Trade Freedom index for Namibia 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 64 2023 points
 Freedom from corruption 53 2023 points
 Fiscal freedom 10 2023 points
 Business freedom 56 2023 points
 Labor freedom 63 2023 points
 Monetary freedom 78.50 2023 points
 Trade freedom 72 2023 points
 Investment freedom 65 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 58 2023 index points
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