North Korea: Trade freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

North Korea: Trade freedom index (0-100)

: For that indicator, we provide data for North Korea from 1995 to 2020. 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 2020 is 0 points. For comparison, the world average in 2020 based on 180 countries is 74 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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).
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