De-jure trade globalization, 0-100 (best)

Composite index that measures “de jure” trade globalization by considering trade regulations, trade taxes, tariffs and trade agreements. The index is part of the KOF Globalisation Index and consists of: 1) trade regulations as measured by the average of two subcomponents: prevalence of non-tariff trade barriers and compliance costs of importing and exporting; 2) trade taxes as measured by income from taxes on international trade as percentage of revenue (inverted); 3) tariffs as measured by the unweighted mean of tariff rates; and 4) trade agreements as measured by the number of bilateral and multilateral free trade agreements.