Norway: Trade freedom

* indicates monthly or quarterly data series
 Norway

Trade freedom index (0-100)

 Latest value 85
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 84
 Min - Max 69 - 89
 Source The Heritage Foundation
The latest value from 2024 is 85 points, unchanged from 85 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Norway from 1996 to 2024 is 84 points. The minimum value, 69 points, was reached in 1996 while the maximum of 89 points was recorded in 2007. 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
Norway - Trade freedom - Recent values chart

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




The Trade Freedom index for Norway 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 99 2024 points
 Freedom from corruption 96 2024 points
 Fiscal freedom 97 2024 points
 Business freedom 87 2024 points
 Labor freedom 69 2024 points
 Monetary freedom 71.10 2024 points
 Trade freedom 85 2024 points
 Investment freedom 75 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 78 2024 index points
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