Oman: Trade freedom

* indicates monthly or quarterly data series
 Oman

Trade freedom index (0-100)

 Latest value 76
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 79
 Min - Max 58 - 87
 Source The Heritage Foundation
The latest value from 2024 is 76 points, unchanged from 76 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Oman from 1995 to 2024 is 79 points. The minimum value, 58 points, was reached in 2006 while the maximum of 87 points was recorded in 2019. 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
Oman - Trade freedom - Recent values chart

Historical series
Oman - Trade freedom - historical chart - 1995-2024




The Trade Freedom index for Oman 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 73 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 74 2024 points
 Business freedom 66 2024 points
 Labor freedom 53 2024 points
 Monetary freedom 80.30 2024 points
 Trade freedom 76 2024 points
 Investment freedom 60 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 63 2024 index points
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