Vietnam: Trade freedom

* indicates monthly or quarterly data series
 Vietnam

Trade freedom index (0-100)

 Latest value 79
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 65
 Min - Max 45 - 83
 Source The Heritage Foundation
For that indicator, we provide data for Vietnam from 1995 to 2023. The average value for Vietnam during that period was 65 points with a minimum of 45 points in 1995 and a maximum of 83 points in 2016. The latest value from 2023 is 79 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Vietnam - Trade freedom - recent values

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




The Trade Freedom index for Vietnam 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 49 2023 points
 Freedom from corruption 36 2023 points
 Fiscal freedom 89 2023 points
 Business freedom 73 2023 points
 Labor freedom 54 2023 points
 Monetary freedom 70.50 2023 points
 Trade freedom 79 2023 points
 Investment freedom 40 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 62 2023 index points
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