Eritrea: Economic freedom, overall index

* indicates monthly or quarterly data series
 Eritrea

Economic freedom, overall index (0-100)

 Latest value 40
 Year 2023
 Measure index points
 Data availability 2009 - 2023
 Average 39
 Min - Max 35 - 43
 Source The Heritage Foundation
For that indicator, we provide data for Eritrea from 2009 to 2023. The average value for Eritrea during that period was 39 index points with a minimum of 35 index points in 2010 and a maximum of 43 index points in 2016. The latest value from 2023 is 40 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
Eritrea - Economic freedom, overall index - recent values

Historical chart
Eritrea - Economic freedom, overall index - historical chart - 2009-2023




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 10 2023 points
 Freedom from corruption 12 2023 points
 Fiscal freedom 69 2023 points
 Business freedom 31 2023 points
 Labor freedom 51 2023 points
 Monetary freedom 64.60 2023 points
 Trade freedom 68 2023 points
 Investment freedom 0 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 40 2023 index points
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