Taiwan: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 86
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 82
 Min - Max 75 - 87
 Source The Heritage Foundation
For that indicator, we provide data for Taiwan from 1995 to 2023. The average value for Taiwan during that period was 82 points with a minimum of 75 points in 1995 and a maximum of 87 points in 2008. The latest value from 2023 is 86 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
Taiwan - Trade freedom - recent values

Historical chart
Taiwan - Trade freedom - historical chart - 1995-2023

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).

 Related indicators Latest value Reference Measure
 Property rights 82 2023 points
 Freedom from corruption 76 2023 points
 Fiscal freedom 94 2023 points
 Business freedom 84 2023 points
 Labor freedom 69 2023 points
 Monetary freedom 82.50 2023 points
 Trade freedom 86 2023 points
 Investment freedom 70 2023 points
 Financial freedom 60 2023 points
 Economic freedom, overall index 81 2023 index points
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