North Korea: Trade freedom

* indicates monthly or quarterly data series
 North Korea

Trade freedom index (0-100)

 Latest value 0
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 0
 Min - Max 0 - 0
 Source The Heritage Foundation
For that indicator, we provide data for North Korea from 1995 to 2023. The average value for North Korea during that period was 0 points with a minimum of 0 points in 1995 and a maximum of 0 points in 1995. The latest value from 2023 is 0 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
North Korea - Trade freedom - recent values

Historical chart
North Korea - Trade freedom - historical chart - 1995-2023




The Trade Freedom index for North Korea 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 17 2023 points
 Freedom from corruption 2 2023 points
 Fiscal freedom 0 2023 points
 Business freedom 5 2023 points
 Labor freedom 5 2023 points
 Monetary freedom 0.10 2023 points
 Trade freedom 0 2023 points
 Investment freedom 0 2023 points
 Financial freedom 0 2023 points
 Economic freedom, overall index 3 2023 index points
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