Tanzania: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 61
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 65
 Min - Max 38 - 77
 Source The Heritage Foundation
For that indicator, we provide data for Tanzania from 1995 to 2023. The average value for Tanzania during that period was 65 points with a minimum of 38 points in 2000 and a maximum of 77 points in 2014. The latest value from 2023 is 61 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
Tanzania - Trade freedom - recent values

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

The Trade Freedom index for Tanzania 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 45 2023 points
 Freedom from corruption 37 2023 points
 Fiscal freedom 87 2023 points
 Business freedom 50 2023 points
 Labor freedom 62 2023 points
 Monetary freedom 73.00 2023 points
 Trade freedom 61 2023 points
 Investment freedom 55 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 60 2023 index points
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