Taiwan: Trade freedom

* indicates monthly or quarterly data series
 Taiwan

Trade freedom index (0-100)

 Latest value 86
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 83
 Min - Max 75 - 87
 Source The Heritage Foundation
The latest value from 2024 is 86 points, unchanged from 86 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Taiwan from 1995 to 2024 is 83 points. The minimum value, 75 points, was reached in 1995 while the maximum of 87 points was recorded in 2008. 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
Taiwan - Trade freedom - Recent values chart

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




The Trade Freedom index for Taiwan 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 82 2024 points
 Freedom from corruption 73 2024 points
 Fiscal freedom 90 2024 points
 Business freedom 85 2024 points
 Labor freedom 69 2024 points
 Monetary freedom 80.10 2024 points
 Trade freedom 86 2024 points
 Investment freedom 70 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 80 2024 index points
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