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Guinea - Index of economic freedom

55.70 (score) in 2019

Index of economic freedom of Guinea surged by 6.70% from 52.20 score in 2018 to 55.70 score in 2019. Since the 10.69% drop in 2017, index of economic freedom soared by 17.02% 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 Guinea index of economic freedom?

Date Value Change, %
2019 55.70 6.70%
2018 52.20 9.66%
2017 47.60 -10.69%
2016 53.30 2.30%
2015 52.10 -2.62%
2014 53.50 4.49%
2013 51.20 0.79%
2012 50.80 -1.74%
2011 51.70 -0.19%
2010 51.80 1.57%
2009 51.00 -3.41%
2008 52.80

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