North Macedonia: Investment freedom

* indicates monthly or quarterly data series
 North Macedonia

Investment freedom index (0-100)

 Latest value 65
 Year 2024
 Measure points
 Data availability 2002 - 2024
 Average 58
 Min - Max 50 - 65
 Source The Heritage Foundation
The latest value from 2024 is 65 points, unchanged from 65 points in 2023. In comparison, the world average is 56 points, based on data from 175 countries. Historically, the average for North Macedonia from 2002 to 2024 is 58 points. The minimum value, 50 points, was reached in 2002 while the maximum of 65 points was recorded in 2018. 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
North Macedonia - Investment freedom - Recent values chart

Historical series
North Macedonia - Investment freedom - historical chart - 2002-2024




The Investment Freedom index for North Macedonia from The Heritage Foundation measures the restrictions to investment activity both within the country and across borders. A higher score means fewer restrictions.
Definition: The Investment freedom index evaluates a variety of investment restrictions (burdensome bureaucracy, restrictions on land ownership, expropriation of investments without fair compensation, foreign exchange controls, capital control, security problems, a lack of basic investment infrastructure, etc.). Points are deducted from the ideal score of 100 for each of the restrictions found in a country’s investment regime.

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 Related indicators Latest Reference Measure
 Property rights 59 2024 points
 Freedom from corruption 41 2024 points
 Fiscal freedom 38 2024 points
 Business freedom 70 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 64.60 2024 points
 Trade freedom 78 2024 points
 Investment freedom 65 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 61 2024 index points
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