Papua New Guinea: Trade freedom

The latest value from 2024 is 78 points, unchanged from 78 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Papua New Guinea from 1996 to 2024 is 72 points. The minimum value, 37 points, was reached in 1997 while the maximum of 87 points was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

The Trade Freedom index for Papua New Guinea 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).