Index of economic freedom (100 represents the maximum freedom)

56.9 (score) in 2023

In 2023, index of economic freedom for Turkey was 56.9 score. Over the last 6 years, index of economic freedom in Turkey was decreasing on average by 2.16% each year, although before that, it grew from 50.6 score in 2005 to 65.4 score in 2018.

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 56.9 0.00%
2022 56.9 -11.09%
2021 64.0 -0.62%
2020 64.4 -0.31%
2019 64.6 -1.22%
2018 65.4 0.31%
2017 65.2 4.99%
2016 62.1 -1.74%
2015 63.2 -2.62%
2014 64.9 3.18%
2013 62.9 0.64%
2012 62.5