Equatorial Guinea: Financial freedom

* indicates monthly or quarterly data series
 Equatorial Guinea

Financial freedom index (0-100)

 Latest value 30
 Year 2023
 Measure points
 Data availability 1999 - 2023
 Average 32
 Min - Max 10 - 60
 Source The Heritage Foundation
For that indicator, we provide data for Equatorial Guinea from 1999 to 2023. The average value for Equatorial Guinea during that period was 32 points with a minimum of 10 points in 1999 and a maximum of 60 points in 2007. The latest value from 2023 is 30 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
Equatorial Guinea - Financial freedom - recent values

Historical chart
Equatorial Guinea - Financial freedom - historical chart - 1999-2023

The Financial Freedom index for Equatorial Guinea 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 22 2023 points
 Freedom from corruption 9 2023 points
 Fiscal freedom 96 2023 points
 Business freedom 34 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 77.70 2023 points
 Trade freedom 49 2023 points
 Investment freedom 40 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 48 2023 index points
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