
Russia: Trade freedom
* indicates monthly or quarterly data series
Russia |
Trade freedom index (0-100) |
---|---|
Latest value | 69 |
Reference | 2022 |
Measure | points |
Source | The Heritage Foundation |
For that indicator, we provide data for Russia from 1995 to 2022. The average value for Russia during that period was 64 points with a minimum of 44 points in 2008 and a maximum of 79 points in 2018.
The latest value from 2022 is 69 points. For comparison, the world average in 2022 based on 175
countries is 69 points.
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use the country comparator to compare trends over time.
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The Trade Freedom index for Russia 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).