This statistic describes the trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018. According to the 2018 ranking, Indonesia reached a trade freedom score of 80.5 compared to the world average with 76.4. With this result, Indonesia´s trade freedom can be considered as free from an economic point of view.
Trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018
The Index of Economic Freedom is an annual ranking by The Heritage Foundation and The Wall Street Journal to measure the degree of economic freedom of countries. Since 1995 the authors of the index took an approach aligned to Adam Smith's in The Wealth of Nations.
The 2018 ranking has main categories with total twelve sub-categories:
Rule of law sub-categories: Property rights, Judicial effectiveness, Government integrity
Government size sub-categories: Tax burden, Government spending, Fiscal health
Regulatory efficiency sub-categories: Business freedom, Labor freedom, Monetary freedom
Market openness sub-categories: Trade freedom, Investment freedom, Financial freedom
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The Heritage Foundation. (January 5, 2018). Trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018 [Graph]. In Statista. Retrieved June 26, 2022, from https://www.statista.com/statistics/949844/indonesia-trade-freedom-score-on-the-economic-freedom-index/
The Heritage Foundation. "Trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018." Chart. January 5, 2018. Statista. Accessed June 26, 2022. https://www.statista.com/statistics/949844/indonesia-trade-freedom-score-on-the-economic-freedom-index/
The Heritage Foundation. (2018). Trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018. Statista. Statista Inc.. Accessed: June 26, 2022. https://www.statista.com/statistics/949844/indonesia-trade-freedom-score-on-the-economic-freedom-index/
The Heritage Foundation. "Trade Freedom Score of Indonesia on The Economic Freedom Index Ranking from 1995 to 2018." Statista, Statista Inc., 5 Jan 2018, https://www.statista.com/statistics/949844/indonesia-trade-freedom-score-on-the-economic-freedom-index/
The Heritage Foundation, Trade freedom score of Indonesia on the Economic Freedom Index ranking from 1995 to 2018 Statista, https://www.statista.com/statistics/949844/indonesia-trade-freedom-score-on-the-economic-freedom-index/ (last visited June 26, 2022)
