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
The latest value from 2024 is 68 index points, a decline from 69 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Georgia from 1996 to 2024 is 66 index points. The minimum value, 44 index points, was reached in 1996 while the maximum of 77 index points was recorded in 2020. 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 data
Georgia - Economic freedom, overall index - Recent values chart

Historical series
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.

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 Related indicators Latest 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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