Thailand: Trade freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Thailand: Trade freedom index (0-100), 1995 - 2021:

For that indicator, we provide data for Thailand from 1995 to 2021. The average value for Thailand during that period was 74 points with a minimum of 65 points in 2003 and a maximum of 83 points in 2017. The latest value from 2021 is 80 points. For comparison, the world average in 2021 based on 178 countries is 71 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
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The Trade Freedom index for Thailand 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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