Rwanda: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 50
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 63
 Min - Max 34 - 81
 Source The Heritage Foundation
For that indicator, we provide data for Rwanda from 1997 to 2023. The average value for Rwanda during that period was 63 points with a minimum of 34 points in 1997 and a maximum of 81 points in 2015. The latest value from 2023 is 50 points. For comparison, the world average in 2023 based on 175 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
Rwanda - Trade freedom - recent values

Historical chart
Rwanda - Trade freedom - historical chart - 1997-2023

The Trade Freedom index for Rwanda 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).

 Related indicators Latest value Reference Measure
 Property rights 61 2023 points
 Freedom from corruption 53 2023 points
 Fiscal freedom 11 2023 points
 Business freedom 52 2023 points
 Labor freedom 43 2023 points
 Monetary freedom 79.70 2023 points
 Trade freedom 50 2023 points
 Investment freedom 60 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 52 2023 index points
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