Italy: Economic freedom, overall index

* indicates monthly or quarterly data series
 Italy

Economic freedom, overall index (0-100)

 Latest value 62
 Year 2023
 Measure index points
 Data availability 1995 - 2023
 Average 62
 Min - Max 58 - 65
 Source The Heritage Foundation
For that indicator, we provide data for Italy from 1995 to 2023. The average value for Italy during that period was 62 index points with a minimum of 58 index points in 1997 and a maximum of 65 index points in 2005. The latest value from 2023 is 62 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
Italy - Economic freedom, overall index - recent values

Historical chart
Italy - Economic freedom, overall index - historical chart - 1995-2023




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 81 2023 points
 Freedom from corruption 61 2023 points
 Fiscal freedom 20 2023 points
 Business freedom 74 2023 points
 Labor freedom 71 2023 points
 Monetary freedom 82.60 2023 points
 Trade freedom 79 2023 points
 Investment freedom 80 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 62 2023 index points
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