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Georgia - Index of economic freedom

75.90 (score) in 2019

Index of economic freedom of Georgia went down by 0.39% from 76.20 score in 2018 to 75.90 score in 2019. Since the 4.68% climb in 2017, index of economic freedom reduced by 0.13% 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 Georgia index of economic freedom?

Date Value Change, %
2019 75.90 -0.39%
2018 76.20 0.26%
2017 76.00 4.68%
2016 72.60 -0.55%
2015 73.00 0.55%
2014 72.60 0.55%
2013 72.20 4.03%
2012 69.40 -1.42%
2011 70.40 0.00%
2010 70.40 0.86%
2009 69.80 0.87%
2008 69.20

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