Index of economic freedom

46.50 (score) in 2023

Myanmar index of economic freedom was at level of 46.5 score in 2023, down from 49.6 score previous year, this is a change of 6.25%.

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. 100 represents the maximum freedom.

Date Value Change, %
2023 46.50 -6.25%
2022 49.60 -10.14%
2021 55.20 2.22%
2020 54.00 0.75%
2019 53.60 -0.56%
2018 53.90 2.67%
2017 52.50 7.80%
2016 48.70 3.84%
2015 46.90 0.86%
2014 46.50 18.62%
2013 39.20 1.29%
2012 38.70