Nepal: Trade freedom

* indicates monthly or quarterly data series
 Nepal

Trade freedom index (0-100)

 Latest value 58
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 60
 Min - Max 48 - 68
 Source The Heritage Foundation
The latest value from 2024 is 58 points, unchanged from 58 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Nepal from 1996 to 2024 is 60 points. The minimum value, 48 points, was reached in 2000 while the maximum of 68 points was recorded in 2001. 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
Nepal - Trade freedom - Recent values chart

Historical series
Nepal - Trade freedom - historical chart - 1996-2024




The Trade Freedom index for Nepal 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 38 2024 points
 Freedom from corruption 36 2024 points
 Fiscal freedom 69 2024 points
 Business freedom 61 2024 points
 Labor freedom 48 2024 points
 Monetary freedom 70.00 2024 points
 Trade freedom 58 2024 points
 Investment freedom 10 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 52 2024 index points
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