Turkmenistan: Trade freedom

* indicates monthly or quarterly data series

Trade freedom index (0-100)

 Latest value 74
 Year 2023
 Measure points
 Data availability 1998 - 2023
 Average 70
 Min - Max 25 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Turkmenistan from 1998 to 2023. The average value for Turkmenistan during that period was 70 points with a minimum of 25 points in 2000 and a maximum of 85 points in 2003. The latest value from 2023 is 74 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
Turkmenistan - Trade freedom - recent values

Historical chart
Turkmenistan - Trade freedom - historical chart - 1998-2023

The Trade Freedom index for Turkmenistan 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 19 2023 points
 Freedom from corruption 8 2023 points
 Fiscal freedom 100 2023 points
 Business freedom 37 2023 points
 Labor freedom 31 2023 points
 Monetary freedom 67.80 2023 points
 Trade freedom 74 2023 points
 Investment freedom 10 2023 points
 Financial freedom 10 2023 points
 Economic freedom, overall index 47 2023 index points
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