OECD Services Trade Restrictiveness Index

The OECD Services Trade Restrictiveness Index (STRI) measures how easy or difficult it is to provide services across borders in different countries. It looks at various regulations, such as licensing, restrictions on foreign ownership, and operational rules, to assess barriers to trade in services like finance, telecommunications, and healthcare. A higher score indicates more restrictions, which can hinder international service providers from entering a market. By comparing these scores, countries can identify opportunities for liberalization, promoting competition and potentially improving service quality for consumers.