North Korea: Economic freedom, overall index

* indicates monthly or quarterly data series
 North Korea

Economic freedom, overall index (0-100)

 Latest value 3
 Year 2024
 Measure index points
 Data availability 1995 - 2024
 Average 5
 Min - Max 1 - 9
 Source The Heritage Foundation
For that indicator, we provide data for North Korea from 1995 to 2024. The average value for North Korea during that period was 5 index points with a minimum of 1 index points in 2010 and a maximum of 9 index points in 1995. The latest value from 2024 is 3 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
North Korea - Economic freedom, overall index - Recent values chart

Historical chart
North Korea - Economic freedom, overall index - historical chart - 1995-2024




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 16 2024 points
 Freedom from corruption 4 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 5 2024 points
 Labor freedom 5 2024 points
 Monetary freedom 0.00 2024 points
 Trade freedom 0 2024 points
 Investment freedom 0 2024 points
 Financial freedom 0 2024 points
 Economic freedom, overall index 3 2024 index points
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