Vietnam: Trade freedom

The latest value from 2024 is 80 points, an increase from 79 points in 2023. In comparison, the world average is 70 points, based on data from 176 countries. Historically, the average for Vietnam from 1995 to 2024 is 65 points. The minimum value, 45 points, was reached in 1995 while the maximum of 83 points was recorded in 2016. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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).