Services Trade Restrictiveness Index

The Services Trade Restrictiveness Index (STRI) is a tool that measures how open or restricted a country is in allowing international trade in services, like banking, telecom, or consulting. It evaluates policies, regulations, and barriers that might make it difficult for foreign service providers to operate. A low STRI score indicates a more open market, encouraging international providers and competition, while a high score suggests more restrictions, which can limit choices and increase costs for consumers and businesses. Overall, the STRI helps policymakers and businesses understand and compare how different countries regulate service trade.