Index of economic freedom (100 represents the maximum freedom)

69.0 (score) in 2023

In 2023, index of economic freedom for Slovakia was 69 score. Though Slovakia index of economic freedom fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 69 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 69.0 -1.00%
2022 69.7 5.13%
2021 66.3 -0.75%
2020 66.8 2.77%
2019 65.0 -0.46%
2018 65.3 -0.61%
2017 65.7 -1.35%
2016 66.6 -0.89%
2015 67.2 1.20%
2014 66.4 -3.35%
2013 68.7 2.54%
2012 67.0