Romania: Trade freedom

* indicates monthly or quarterly data series
 Romania

Trade freedom index (0-100)

 Latest value 79
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 79
 Min - Max 58 - 88
 Source The Heritage Foundation
The latest value from 2024 is 79 points, unchanged from 79 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Romania from 1995 to 2024 is 79 points. The minimum value, 58 points, was reached in 2004 while the maximum of 88 points was recorded in 2010. 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
Romania - Trade freedom - Recent values chart

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




The Trade Freedom index for Romania 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 81 2024 points
 Freedom from corruption 48 2024 points
 Fiscal freedom 15 2024 points
 Business freedom 75 2024 points
 Labor freedom 68 2024 points
 Monetary freedom 69.30 2024 points
 Trade freedom 79 2024 points
 Investment freedom 70 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 64 2024 index points
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