Albania: Economic freedom, overall index

* indicates monthly or quarterly data series
 Albania

Economic freedom, overall index (0-100)

 Latest value 65
 Year 2023
 Measure index points
 Data availability 1995 - 2023
 Average 61
 Min - Max 50 - 67
 Source The Heritage Foundation
For that indicator, we provide data for Albania from 1995 to 2023. The average value for Albania during that period was 61 index points with a minimum of 50 index points in 1995 and a maximum of 67 index points in 2014. The latest value from 2023 is 65 index points. For comparison, the world average in 2023 based on 174 countries is 59 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Albania - Economic freedom, overall index - recent values

Historical chart
Albania - Economic freedom, overall index - historical chart - 1995-2023




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.


 Related indicators Latest value Reference Measure
 Property rights 56 2023 points
 Freedom from corruption 36 2023 points
 Fiscal freedom 58 2023 points
 Business freedom 71 2023 points
 Labor freedom 50 2023 points
 Monetary freedom 81.30 2023 points
 Trade freedom 83 2023 points
 Investment freedom 70 2023 points
 Financial freedom 70 2023 points
 Economic freedom, overall index 65 2023 index points
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