Yemen: Trade freedom
* indicates monthly or quarterly data series
Yemen |
Trade freedom index (0-100) |
---|---|
Latest value | 67 |
Year | 2021 |
Measure | points |
Data availability | 1995 - 2021 |
Average | 66 |
Min - Max | 45 - 82 |
Source | The Heritage Foundation |
The latest value from 2021 is 67 points, a decline from 70 points in 2020. In comparison, the world average is 71 points, based on data from 178 countries. Historically, the average for Yemen from 1995 to 2021 is 66 points. The minimum value, 45 points, was reached in 1995 while the maximum of 82 points was recorded in 2011.
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The Trade Freedom index for Yemen 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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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Property rights | 6 | 2024 | points |
Freedom from corruption | 7 | 2024 | points |
Fiscal freedom | 92 | 2015 | points |
Business freedom | 28 | 2023 | points |
Labor freedom | 31 | 2023 | points |
Monetary freedom | 54.60 | 2021 | points |
Trade freedom | 67 | 2021 | points |
Investment freedom | 50 | 2020 | points |
Financial freedom | 30 | 2016 | points |
Economic freedom, overall index | 54 | 2015 | index points |