Economic Freedom Index

The Economic Freedom Index measures how open and flexible a country's economy is, based on factors like business laws, property rights, taxation, trade policies, and regulation. It gauges how easily individuals and businesses can operate, compete, and innovate without excessive government interference. Higher scores indicate greater economic freedom, which is often associated with stronger economic growth and higher living standards. Conversely, lower scores suggest more restrictions and less economic mobility. This index helps compare nations' economic environments and assess the impact of policies on economic vitality.