Index of economic freedom (100 represents the maximum freedom)

71.1 (score) in 2023

In 2023, index of economic freedom for Chile was 71.1 score. Though Chile index of economic freedom fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 71.1 score in 2023.

The description is composed by our digital data assistant.

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.

Date Value Change, %
2023 71.1 -4.44%
2022 74.4 -1.06%
2021 75.2 -2.08%
2020 76.8 1.86%
2019 75.4 0.27%
2018 75.2 -1.70%
2017 76.5 -1.54%
2016 77.7 -1.02%
2015 78.5 -0.25%
2014 78.7 -0.38%
2013 79.0 0.89%
2012 78.3