Sierra Leone: Trade freedom

* indicates monthly or quarterly data series
 Sierra Leone

Trade freedom index (0-100)

 Latest value 64
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 58
 Min - Max 16 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Sierra Leone from 1995 to 2024. The average value for Sierra Leone during that period was 58 points with a minimum of 16 points in 1997 and a maximum of 70 points in 2013. The latest value from 2024 is 64 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
Sierra Leone - Trade freedom - Recent values chart

Historical chart
Sierra Leone - Trade freedom - historical chart - 1995-2024

The Trade Freedom index for Sierra Leone 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 34 2024 points
 Freedom from corruption 35 2024 points
 Fiscal freedom 2 2024 points
 Business freedom 32 2024 points
 Labor freedom 24 2024 points
 Monetary freedom 60.20 2024 points
 Trade freedom 64 2024 points
 Investment freedom 60 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 45 2024 index points
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