Hong Kong: Economic freedom, overall index
* indicates monthly or quarterly data series
| Hong Kong |
Economic freedom, overall index (0-100) |
|---|---|
| Latest value | 89 |
| Year | 2020 |
| Measure | index points |
| Data availability | 1995 - 2020 |
| Average | 90 |
| Min - Max | 88 - 91 |
| Source | The Heritage Foundation |
The latest value from 2020 is 89 index points, a decline from 90 index points in 2019. In comparison, the world average is 62 index points, based on data from 177 countries. Historically, the average for Hong Kong from 1995 to 2020 is 90 index points. The minimum value, 88 index points, was reached in 1998 while the maximum of 91 index points was recorded in 1996.
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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 | 94 | 2020 | points |
| Freedom from corruption | 85 | 2020 | points |
| Fiscal freedom | 93 | 2020 | points |
| Business freedom | 96 | 2020 | points |
| Labor freedom | 89 | 2020 | points |
| Monetary freedom | 80.70 | 2020 | points |
| Trade freedom | 95 | 2020 | points |
| Investment freedom | 80 | 2020 | points |
| Financial freedom | 90 | 2020 | points |
| Economic freedom, overall index | 89 | 2020 | index points |