South Korea: Economic freedom, overall index

(measure: index points; source: The Heritage Foundation)

South Korea: Economic freedom, overall index (0-100)

: For that indicator, The Heritage Foundation provides data for South Korea from 1995 to 2017. The average value for South Korea during that period was 69.97 index points with a minumum of 66.4 index points in 2005 and a maximum of 74.3 index points in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.