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Ecuador - Index of economic freedom

46.90 (score) in 2019

Index of economic freedom of Ecuador went down by 3.30% from 48.50 score in 2018 to 46.90 score in 2019. Since the 1.44% climb in 2017, index of economic freedom reduced by 4.87% in 2019.

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What is index of economic freedom?

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

What is Ecuador index of economic freedom?

Date Value Change, %
2019 46.90 -3.30%
2018 48.50 -1.62%
2017 49.30 1.44%
2016 48.60 -1.22%
2015 49.20 2.50%
2014 48.00 2.35%
2013 46.90 -2.90%
2012 48.30 2.55%
2011 47.10 -4.46%
2010 49.30 -6.10%
2009 52.50 -4.89%
2008 55.20

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