Economic Freedom Index: best 20 countries for freedom to trade internationally, 2018

This statistic shows the scores of the 20 countries who scored the highest in the freedom to trade internationally category of the annual Economic Freedom Index in 2018. In 2018, Hong Kong was the country with the highest degree of freedom to trade internationally, scoring 9.49 on the index.

Best 20 countries for freedom to trade internationally in 2018

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Source

Release date

September 2020

Region

Worldwide

Survey time period

2018

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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