Madagascar: Economic freedom, overall index

* indicates monthly or quarterly data series

Economic freedom, overall index (0-100)

 Latest value 59
 Year 2023
 Measure index points
 Data availability 1995 - 2023
 Average 59
 Min - Max 52 - 63
 Source The Heritage Foundation
For that indicator, we provide data for Madagascar from 1995 to 2023. The average value for Madagascar during that period was 59 index points with a minimum of 52 index points in 1995 and a maximum of 63 index points in 2003. The latest value from 2023 is 59 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
Madagascar - Economic freedom, overall index - recent values

Historical chart
Madagascar - 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 42 2023 points
 Freedom from corruption 24 2023 points
 Fiscal freedom 82 2023 points
 Business freedom 39 2023 points
 Labor freedom 56 2023 points
 Monetary freedom 75.30 2023 points
 Trade freedom 66 2023 points
 Investment freedom 55 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 59 2023 index points
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