China: Financial freedom

* indicates monthly or quarterly data series

Financial freedom index (0-100)

 Latest value 20
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 32
 Min - Max 20 - 50
 Source The Heritage Foundation
For that indicator, we provide data for China from 1995 to 2023. The average value for China during that period was 32 points with a minimum of 20 points in 2017 and a maximum of 50 points in 1995. The latest value from 2023 is 20 points. For comparison, the world average in 2023 based on 175 countries is 49 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
China - Financial freedom - recent values

Historical chart
China - Financial freedom - historical chart - 1995-2023

The Financial Freedom index for China from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

 Related indicators Latest value Reference Measure
 Property rights 45 2023 points
 Freedom from corruption 42 2023 points
 Fiscal freedom 10 2023 points
 Business freedom 68 2023 points
 Labor freedom 55 2023 points
 Monetary freedom 72.50 2023 points
 Trade freedom 74 2023 points
 Investment freedom 20 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 48 2023 index points
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