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Kiribati - Index of economic freedom

47.30 (score) in 2019

Index of economic freedom of Kiribati slumped by 6.89% from 50.80 score in 2018 to 47.30 score in 2019. Since the 10.17% surge in 2017, index of economic freedom dropped by 7.07% 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 Kiribati index of economic freedom?

Date Value Change, %
2019 47.30 -6.89%
2018 50.80 -0.20%
2017 50.90 10.17%
2016 46.20 -0.43%
2015 46.40 0.22%
2014 46.30 0.87%
2013 45.90 -2.13%
2012 46.90 4.69%
2011 44.80 2.52%
2010 43.70 -4.38%
2009 45.70

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