Micronesia: Economic freedom, overall index

* indicates monthly or quarterly data series
 Micronesia

Economic freedom, overall index (0-100)

 Latest value 61
 Year 2024
 Measure index points
 Data availability 2009 - 2024
 Average 53
 Min - Max 50 - 63
 Source The Heritage Foundation
For that indicator, we provide data for Micronesia from 2009 to 2024. The average value for Micronesia during that period was 53 index points with a minimum of 50 index points in 2011 and a maximum of 63 index points in 2023. The latest value from 2024 is 61 index points. For comparison, the world average in 2024 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
Micronesia - Economic freedom, overall index - Recent values chart

Historical chart
Micronesia - Economic freedom, overall index - historical chart - 2009-2024




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 65 2024 points
 Freedom from corruption 57 2024 points
 Fiscal freedom 100 2024 points
 Business freedom 53 2024 points
 Labor freedom 73 2024 points
 Monetary freedom 77.60 2024 points
 Trade freedom 75 2024 points
 Investment freedom 35 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 61 2024 index points
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