Georgia: Economic freedom, overall index

* indicates monthly or quarterly data series
 Georgia

Economic freedom, overall index (0-100)

 Latest value 68
 Year 2024
 Measure index points
 Data availability 1996 - 2024
 Average 66
 Min - Max 44 - 77
 Source The Heritage Foundation
For that indicator, we provide data for Georgia from 1996 to 2024. The average value for Georgia during that period was 66 index points with a minimum of 44 index points in 1996 and a maximum of 77 index points in 2020. The latest value from 2024 is 68 index points. For comparison, the world average in 2024 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
Georgia - Economic freedom, overall index - Recent values chart

Historical chart
Georgia - Economic freedom, overall index - historical chart - 1996-2024




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 53 2024 points
 Freedom from corruption 61 2024 points
 Fiscal freedom 40 2024 points
 Business freedom 74 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 69.30 2024 points
 Trade freedom 86 2024 points
 Investment freedom 80 2024 points
 Financial freedom 80 2024 points
 Economic freedom, overall index 68 2024 index points
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