Economic Freedom Index: worst 20 countries for freedom to trade internationally, 2020

Published by Statista Research Department, Oct 20, 2022

In 2020, Syria was the country with the lowest degree of freedom to trade internationally, scoring 2.4 on the index. Iran and Burundi were also on the bottom of the global comparison with a score of 2.6 and 3 respectively.

Worst 20 countries for freedom to trade internationally in 2020

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Release date

September 2022

More information

Region

Worldwide

Survey time period

2020

Supplementary notes

The Economic Freedom Index scores countries on the economic freedom in a number of areas encompassing legal system & property rights, sound money, freedom to trade internationally and regulation.

The index uses a 0-10 scoring scale in each category with higher values representing greater economic freedom.

The freedom to trade internationally section of the index includes; revenue from trade taxes, mean tariff rates, tariff, non-tariff trade barriers, compliance costs of importing and exporting, regulatory trade barriers, black market exchange rates, foreign ownership/investment restrictions, capital controls, and freedom of foreigners to visit.

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