Trade Freedom Index

Asia Ranking

(0-100)Source: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Singapore952022195
1Hong Kong952020195
3Macao902020390
4Taiwan862022486
5Brunei852022585
6Malaysia822022682
7Vietnam7920221079
7Indonesia7920221079
9Uzbekistan7620223055
10Japan752022780
10Kazakhstan752021780
12Philippines7420221574
12Mongolia7420221475
12Turkmenistan7420221574
15South Korea7320221079
15Kyrgyzstan7320221873
15China7320221971
18Thailand722022780
19India7120222269
20Tajikistan7020222070
21Burma (Myanmar)6920222070
21Russia6920221574
23Azerbaijan6720222368
23Laos6720222368
25Pakistan6620222665
26Cambodia6520222567
27Bangladesh6420222764
28Maldives6020222860
29Nepal5820222958
30Sri Lanka4720223147
31Bhutan4120221079

Definition of Trade Freedom Index

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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