Paraguay: Trade freedom

* indicates monthly or quarterly data series
 Paraguay

Trade freedom index (0-100)

 Latest value 78
 Year 2025
 Measure points
 Data availability 1995 - 2025
 Average 74
 Min - Max 58 - 84
 Source The Heritage Foundation
The latest value from 2025 is 78 points, an increase from 77 points in 2024. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Paraguay from 1995 to 2025 is 74 points. The minimum value, 58 points, was reached in 1995 while the maximum of 84 points was recorded in 2009. See the global rankings or world map 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
Paraguay - Trade freedom - Recent values chart

Historical series
Paraguay - Trade freedom - historical chart - 1995-2025




The Trade Freedom index for Paraguay 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 45 2025 points
 Freedom from corruption 28 2025 points
 Fiscal freedom 79 2025 points
 Business freedom 73 2025 points
 Labor freedom 48 2025 points
 Monetary freedom 74.60 2025 points
 Trade freedom 78 2025 points
 Investment freedom 75 2025 points
 Financial freedom 60 2025 points
 Economic freedom, overall index 65 2025 index points
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