Guinea-Bissau: Economic freedom, overall index

* indicates monthly or quarterly data series
 Guinea-Bissau

Economic freedom, overall index (0-100)

 Latest value 45
 Year 2023
 Measure index points
 Data availability 1999 - 2023
 Average 47
 Min - Max 34 - 57
 Source The Heritage Foundation
For that indicator, we provide data for Guinea-Bissau from 1999 to 2023. The average value for Guinea-Bissau during that period was 47 index points with a minimum of 34 index points in 1999 and a maximum of 57 index points in 2018. The latest value from 2023 is 45 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
Guinea-Bissau - Economic freedom, overall index - recent values

Historical chart
Guinea-Bissau - Economic freedom, overall index - historical chart - 1999-2023




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 28 2023 points
 Freedom from corruption 19 2023 points
 Fiscal freedom 22 2023 points
 Business freedom 32 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 79.90 2023 points
 Trade freedom 51 2023 points
 Investment freedom 30 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 45 2023 index points
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