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Guyana - Index of economic freedom

56.80 (score) in 2019

Index of economic freedom of Guyana went down by 3.24% from 58.70 score in 2018 to 56.80 score in 2019. Since the 5.60% surge in 2017, index of economic freedom reduced by 2.91% 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 Guyana index of economic freedom?

Date Value Change, %
2019 56.80 -3.24%
2018 58.70 0.34%
2017 58.50 5.60%
2016 55.40 -0.18%
2015 55.50 -0.36%
2014 55.70 3.53%
2013 53.80 4.87%
2012 51.30 3.85%
2011 49.40 2.07%
2010 48.40 0.00%
2009 48.40 -0.82%
2008 48.80

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