Peru: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 81
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 75
 Min - Max 51 - 88
 Source The Heritage Foundation
For that indicator, we provide data for Peru from 1995 to 2024. The average value for Peru during that period was 75 points with a minimum of 51 points in 1995 and a maximum of 88 points in 2020. The latest value from 2024 is 81 points. For comparison, the world average in 2024 based on 176 countries is 70 points. 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 values chart
Peru - Trade freedom - Recent values chart

Historical chart
Peru - Trade freedom - historical chart - 1995-2024

The Trade Freedom index for Peru 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 value Reference Measure
 Property rights 45 2024 points
 Freedom from corruption 36 2024 points
 Fiscal freedom 68 2024 points
 Business freedom 70 2024 points
 Labor freedom 59 2024 points
 Monetary freedom 74.00 2024 points
 Trade freedom 81 2024 points
 Investment freedom 75 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 65 2024 index points
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