Romania: Economic freedom, overall index

* indicates monthly or quarterly data series
 Romania

Economic freedom, overall index (0-100)

 Latest value 64
 Year 2024
 Measure index points
 Data availability 1995 - 2024
 Average 60
 Min - Max 43 - 70
 Source The Heritage Foundation
The latest value from 2024 is 64 index points, a decline from 65 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Romania from 1995 to 2024 is 60 index points. The minimum value, 43 index points, was reached in 1995 while the maximum of 70 index points was recorded in 2017. 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 data
Romania - Economic freedom, overall index - Recent values chart

Historical series
Romania - 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.

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 Related indicators Latest Reference Measure
 Property rights 81 2024 points
 Freedom from corruption 48 2024 points
 Fiscal freedom 15 2024 points
 Business freedom 75 2024 points
 Labor freedom 68 2024 points
 Monetary freedom 69.30 2024 points
 Trade freedom 79 2024 points
 Investment freedom 70 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 64 2024 index points
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