Paraguay: Economic freedom, overall index

* indicates monthly or quarterly data series
 Paraguay

Economic freedom, overall index (0-100)

 Latest value 61
 Year 2023
 Measure index points
 Data availability 1995 - 2023
 Average 61
 Min - Max 53 - 67
 Source The Heritage Foundation
For that indicator, we provide data for Paraguay from 1995 to 2023. The average value for Paraguay during that period was 61 index points with a minimum of 53 index points in 2005 and a maximum of 67 index points in 1996. The latest value from 2023 is 61 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
Paraguay - Economic freedom, overall index - recent values

Historical chart
Paraguay - 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 47 2023 points
 Freedom from corruption 30 2023 points
 Fiscal freedom 45 2023 points
 Business freedom 70 2023 points
 Labor freedom 40 2023 points
 Monetary freedom 72.60 2023 points
 Trade freedom 77 2023 points
 Investment freedom 75 2023 points
 Financial freedom 60 2023 points
 Economic freedom, overall index 61 2023 index points
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