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Colombia - Index of economic freedom

68.90 (score) in 2018

Colombia index of economic freedom was at level of 68.9 score in 2018, down from 69.7 score previous year, this is a change of 1.15 %.

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What is index of economic freedom?

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.

What is Colombia index of economic freedom?

Date Value Change, %
2018 68.90 -1.15 %
2017 69.70 -1.55 %
2016 70.80 -1.26 %
2015 71.70 1.41 %
2014 70.70 1.58 %
2013 69.60 2.35 %
2012 68.00 0.00 %
2011 68.00 3.82 %
2010 65.50 5.14 %
2009 62.30 0.16 %
2008 62.20 3.84 %
2007 59.90