Namibia: Economic freedom, overall index

* indicates monthly or quarterly data series
 Namibia

Economic freedom, overall index (0-100)

 Latest value 58
 Year 2023
 Measure index points
 Data availability 1997 - 2023
 Average 62
 Min - Max 58 - 67
 Source The Heritage Foundation
For that indicator, we provide data for Namibia from 1997 to 2023. The average value for Namibia during that period was 62 index points with a minimum of 58 index points in 2023 and a maximum of 67 index points in 2000. The latest value from 2023 is 58 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
Namibia - Economic freedom, overall index - recent values

Historical chart
Namibia - Economic freedom, overall index - historical chart - 1997-2023




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 64 2023 points
 Freedom from corruption 53 2023 points
 Fiscal freedom 10 2023 points
 Business freedom 56 2023 points
 Labor freedom 63 2023 points
 Monetary freedom 78.50 2023 points
 Trade freedom 72 2023 points
 Investment freedom 65 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 58 2023 index points
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